Tag: Financial Services/Finserv

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Allfunds acquires local paying agent business of Iccrea Banca

Allfunds Group, a London-based B2B wealthtech platform, is set to acquire the local paying agent business of Iccrea Banca through an agreement with Italy's...

The FCA’s Consumer Duty clamps down on unfair savings rates

The Financial Conduct Authority (FCA) is taking action against banks and building societies for offering disproportionate interest rate rises to savers. The FCA's 14-point...

Upgrade snaps up BNPL vendor Uplift for $100m

US fintech Upgrade is set to acquire buy now, pay later (BNPL) vendor Uplift for $100 million in a mix of stocks and cash,...

ING names Görkem Köseoğlu as new chief technology officer

Görkem Köseoğlu is appointed as Chief Technology Officer (CTO) and member of the Management Board Banking at Dutch banking corporation ING, succeeding the former...

Mercury Financial secures $200m debt facility to expand credit card business

US fintech Mercury Financial has secured a $200 million debt facility from Neuberger Berman to expand its credit card business and serve the middle...

German fintech start-up Monite bolsters leadership team with new hires

Berlin-based embedded finance start-up Monite has hired three new executives for its leadership team to drive growth and expand its presence in the EU,...