Tag: Digital
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...
ICYMI fintech funding round-up: Layer2, Qardy, United Fintech, Minos, and more
Layer2 Financial:Funding: $10.7 million Series A.
Investors: Led by Galaxy Ventures, with participation from Accomplice.
Purpose: To drive market expansion, product development,...
National Bank of Fujairah digitises corporate banking operations with iGTB’s eMACH.ai
Partnership for Digital Upgrade:NBF has partnered with iGTB to upgrade its digital banking capabilities by adopting iGTB’s open finance platform, eMACH.ai.eMACH.ai...
CIBC plans to hire for 200 new data and AI roles over the next 12 months
Hiring Initiative:CIBC, Canada’s fifth-largest chartered bank, plans to hire over 200 data and AI professionals within the next 12 months.Strategic Focus:...
US fintech Octane raises $50m Series E funding led by Valar Ventures
Funding Round:Octane, a New York-based fintech, secured a $50 million Series E funding round.
The round was led by existing investors, including...
Mexico’s Stori lands $212m in mix of equity and debt financing
Funding Secured: Mexican fintech unicorn Stori has secured $212 million in a combination of equity and debt financing.Equity Financing: $105 million led...