Tag: Financial Services/Finserv

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US business payment platform Bill reportedly closing on $1.95bn deal to acquire Melio

Acquisition Talks: Bill Holdings, a US financial services platform, is in talks to acquire Melio Payments. Deal Value: The potential acquisition is valued at $1.95...

UK challenger Monument Bank completes £40m Series B raise, eyes more funding

UK digital bank Monument secures £40 million in Series B funding. Dubai Investments increased its stake in Monument from 9.25% to 16.93%. Monument's...

CFPB targets US fintech firms with proposals for increased regulatory scope

The Consumer Financial Protection Bureau (CFPB) aims to subject large tech firms and neobanks to supervisory examinations similar to traditional banks. Proposed regulations...

European regulators agree on new rules for SEPA instant payments

New Rules for Instant Payments in EuropeEuropean Council and Parliament agree on rules for instant payments. Banks and PSPs offering standard euro...

The Bank of London names Frankie Woodhead as new chief product officer

The Bank of London appointed Frankie Woodhead as its new Chief Product Officer (CPO). Woodhead brings 15 years of experience in business, corporate,...

Volante Technologies lands $66m in debt and equity funding round

Volante Technologies raises $66 million in funding led by Sixth Street Growth. Wavecrest Growth Partners and Wells Fargo Strategic Capital also participate, bringing...