Tag: Financial Services/Finserv

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Thoma Bravo acquires ForgeRock for $2.3bn

Thoma Bravo, a software-focused private equity firm, has successfully acquired ForgeRock, a digital identity software platform, for approximately $2.3 billion in an all-cash transaction. Facts...

Citi debuts first LatAm fintech investment with stake in Peruvian FX platform Rextie

US investment bank Citi makes its first Latin American fintech investment by acquiring a stake in Peruvian FX platform Rextie. FactsCiti's "strategic investment" in...

India’s PhonePe taps Cloudera to streamline data management

Indian fintech giant PhonePe partners with Cloudera to enhance data management and operational efficiencies. FactsPhonePe is collaborating with Cloudera to optimize its data management...

Core banking tech provider Mambu names Fernando Zandona as permanent CEO

Fernando Zandona named permanent CEO of Mambu after serving as interim CEO since June. FactsFernando Zandona becomes Mambu's permanent CEO. Zandona served as interim...

Standard Chartered global head leaves to found fintech start-up

Manohar Chadalavada, a veteran executive with almost two decades of experience at Standard Chartered, departs the bank to establish a fintech startup. FactsManohar Chadalavada,...

Velo Payments to acquire payment processing platform YapStone

US-based Velo Payments is set to acquire YapStone, a payment processing platform for the short-term and vacation rental industry. FactsYapStone, founded in 1999, is...