ICYMI fintech funding round-up: Layer2, Qardy, United Fintech, Minos, and more
Layer2 Financial:Funding: $10.7 million Series A.
Investors: Led by Galaxy Ventures, with participation from Accomplice.
Purpose: To drive market expansion, product development,...
Unit secures new embedded finance partnerships with Vantage Bank and Lincoln Savings Bank
Partnerships with Vantage Bank and Lincoln Savings Bank (LSB):Unit has struck deals with Texas-based Vantage Bank ($4.2 billion in assets) and Iowa-based...
National Bank of Fujairah digitises corporate banking operations with iGTB’s eMACH.ai
Partnership for Digital Upgrade:NBF has partnered with iGTB to upgrade its digital banking capabilities by adopting iGTB’s open finance platform, eMACH.ai.eMACH.ai...
CIBC plans to hire for 200 new data and AI roles over the next 12 months
Hiring Initiative:CIBC, Canada’s fifth-largest chartered bank, plans to hire over 200 data and AI professionals within the next 12 months.Strategic Focus:...
US fintech Octane raises $50m Series E funding led by Valar Ventures
Funding Round:Octane, a New York-based fintech, secured a $50 million Series E funding round.
The round was led by existing investors, including...
UBP snaps up Société Générale’s UK and Swiss private banking subsidiaries in €900m deal
Acquisition Details:UBP, a leading Swiss private bank, has agreed to purchase two of Société Générale's international private banking units for €900 million.
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