Tag: Financial Services/Finserv
Lithuania’s Finbee Verslui lands €35m investment from Pollen Street Capital
Key Points:Investment Details:Finbee Verslui has secured a €35 million investment from UK private capital asset manager Pollen...
HSBC India partners with Open Financial Technologies to launch FinConnect for business clients
Key Points:Partnership Objective:Simplify payment processes for HSBC's business customers in India.New Offering:Launch of HSBC's FinConnect...
FCA issues new guidelines to ensure cash access for consumers and small enterprises
Key Points:Objective:Ensure "reasonable access" to cash deposit and withdrawal services for personal and small business current accounts....
Social trading app Shares set to exit UK market
Key Points:Market Exit:Shares is set to exit the UK market after two years of operations.
The decision...
UniCredit set to acquire Aion Bank and BaaS provider Vodeno for €370 million
Key Points:Acquisition Agreement:UniCredit has signed a binding agreement to acquire Aion Bank and Vodeno for approximately €370...
Kenya’s Diamond Trust Bank taps Network International for digital payment solutions
Summary of Diamond Trust Bank (DTB) and Network International Partnership
Entities: Diamond Trust Bank (DTB, Kenya) and Network International (digital...
UK money management app Plum raises £16.1m investment
Key Points:New Investment:Plum secured a fresh investment totaling £16.1 million.
Investment includes a £13.4 million Series B...
Bank of Clarke partners with Greenlight for family money management solution
Key Points:Objective:Foster "healthy lifelong financial habits" among customers.Service Offering:Bank of Clarke customers can now register...
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,...
Boku names former NatWest exec Rob Whittick as new CFO
Key Points:Company Background:Headquarters: London and San Francisco
Founded: 2008
Services: Localized payment solutions, direct carrier billing, A2A/real-time...
B2B paytech Slope lands $65m equity and debt funding led by JP Morgan
Key Points:Investment Details:Total Investment: $65 million
Led by: JP Morgan Payments
Participants: Y Combinator, Jack Altman (Alt...
US fintech Coast bags $40m Series B for product, partnership and team expansion
Key Points:Investment Details:Total Raised in Series B: $40 million
Lead Investor: ICONIQ Growth
New Board Member: Yoonkee...