PayPal hires Srini Venkatesan as new CTO
PayPal Appoints Srini Venkatesan as New CTO: Key PointsAppointment Announcement:Srini Venkatesan named as PayPal’s new Chief Technology Officer (CTO), effective 24 June....
Italian fintech Banca AideXa secures €16m capital raise
Banca AideXa Secures €16 Million in New Capital: Key PointsNew Funding and Total Capital:Secured €16 million in fresh capital.
Total capital raised...
Klarna sells checkout business to investor consortium
Klarna has finalized a deal to sell its online checkout service, Klarna Checkout (KCO), to a consortium of investors for SEK 5.4 billion ($515...
E-wallet provider Sticpay bolsters money transfer capabilities with UPI integration in India
Sticpay Integrates UPI into Its Tech Stack
Key Details:Company: Sticpay, a UK-based e-wallet service provider and payment gateway.
Integration: Unified Payments Interface (UPI), India’s...
Former Temenos execs found GenAI banking tech start-up, yPilot
yPilot Fintech Start-up Overview
Founders:Todd Winship (CEO): Formerly at Temenos, founded Primisyn.
Rayce Rossum (CTO): Formerly at Temenos, worked on AI projects.Company Focus:GenAI...
AlphaSense acquires rival Tegus for $930m, valuation tops $4bn
AlphaSense Acquires Tegus for $930 Million
Acquisition Details:Acquisition Value: $930 million.
Expected Closure: Q3 2024.
Key Assets Acquired: Tegus’ research platform, financial data, and...

