Tag: Financial Services/Finserv

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Specialist lender Shawbrook reportedly mulling Co-operative Bank merger

UK-based SME lender Shawbrook Group is exploring a potential £3.5 billion merger with the Co-operative Bank, seeking advice from Barclays, while the Co-operative Bank...

SumUp secures $100m credit facility to expand merchant cash advance product

SME-focused fintech SumUp obtains a $100 million credit facility from Victory Park Capital to expand its merchant cash advance product, SumUp Cash Advance, enabling...

US fintech Block set to close European payments app Verse

San Francisco-based payments company Block is closing some of its European business operations, including its peer-to-peer payment app Verse and its buy now, pay...

Naga integrates Rezolve AI into its social trading platform

German fintech Naga partners with London-based Rezolve to incorporate the AI platform Brain into its social trading app, enhancing user experience and providing real-time...

Payabl. secures EMI licence in the UK

European paytech firm payabl. has obtained a UK electronic money institution (EMI) licence, enabling expansion of its services and merchant portfolio. FactsPayabl. has acquired...

Garanti BBVA Financial Technologies launches new venture for digital assets

Garanti BBVA Financial Technologies, a subsidiary of Garanti BBVA, is entering the digital asset arena with its venture named Garanti BBVA Digital Assets, offering...