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Tag: Financial Services/Finserv

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...

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...

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,...

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,...

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...

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...

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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