Banking
Schroders Personal Wealth announces launch of new investment platform
Schroders Personal Wealth (SPW) is set to launch a new investment platform in the summer of 2024, marking a departure from its current...
Banking
Southern California Bancorp and California BanCorp trigger $233.6m “true merger of equals”
Southern California Bancorp and California BanCorp, the holding companies for Bank of Southern California and California Bank of Commerce, are initiating a "true...
Banking
Offa taps Finova to power new Sharia-compliant property lending platform
Sharia-compliant bridge finance provider, Offa, selects Finova and its Apprivo loan origination tech for a new digital lending platform.
Offa, founded in 2019,...
Banking
Amplifi Capital lands £22.5m funding to fuel Reevo Money expansion
Amplifi Capital secures £22.5 million funding from M&G Investments.
UK-based fintech plans to expand Reevo Money, its personal loan platform, nationwide.
Reevo Money,...
Banking
Kriya announces new £50m funding facility from Viola Group
UK fintech Kriya secures £50 million funding from Israel’s Viola Group for B2B payments.
Founded in 2011, Kriya offers payment and credit solutions...
Banking
PayPal to trim workforce by 9% over 2024 in bid to streamline business
PayPal Job Cuts:PayPal to cut approximately 9% of its workforce throughout 2024.
Expected impact on around 2,500 jobs.
CEO Alex Chriss confirms...
Banking
UK fintech Paysme winds down operations
Paysme Closure:UK-based fintech Paysme, focused on aiding small businesses in transitioning to the digital economy, has shut down.Financial Struggles:Despite raising...
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