Banking
US fintech Tally to shut down after failing to secure “necessary funding” to continue operations
Shutdown Announcement:Tally, a US-based fintech start-up, is shutting down due to its inability to secure necessary funding to continue operations.
The decision...
Banking
Bilt Rewards elevates valuation to $3.25bn with new $150m investment
Funding Secured: Bilt Rewards, a New York-based loyalty fintech, raised an additional $150 million, following a $200 million round seven months earlier.
Valuation:...
Banking
Egypt’s MNT-Halan raises $157.5 million, plots regional expansion
Key Points:Funding Sources:International Finance Corporation (IFC): $40 million
Other Investors: Development Partners International (DPI), Lorax Capital Partners, funds managed by Apis Partners...
Banking
US fintech Aven’s valuation tops $1bn with latest $142m Series D capital raise
Summary of Aven's Series D Funding and Expansion PlansCompany: Aven, a credit solutions start-up based in San Francisco, US.
Series D Funding: $142...
Banking
Mexican fintech start-up OCN lands $86m Series A funding round to drive international expansion
Summary of OCN Securing $86 Million Series A FundingCompany: OCN (formerly OneCarNow), a Mexican fintech start-up.
Funding Details:Total amount: $86 million.
Components:...
Banking
Bain Capital to acquire US fintech Envestnet in $4.5bn deal
Bain Capital to Acquire Envestnet for $4.5 Billion: Key PointsAcquisition Announcement:Bain Capital will acquire US wealth management software provider Envestnet for $4.5...
Banking
Apple partners Santander’s Zinia for BNPL financing services in Germany
Apple Partners with Santander’s Zinia for Payment Solutions in Germany
Key Highlights:Partnership Details:Apple collaborates with Santander’s digital consumer finance platform, Zinia.
New payment...
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