Tag: Financial Services/Finserv

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Argentinian fintech start-up Tapi bags $22m Series A led by Kaszek

Tapi secures $22 million Series A funding:Led by Brazilian VC firm Kaszek Participation from Californian VC Andreessen Horowitz (also led Tapi’s $9...

US regulators fine Citigroup $136m for “insufficient progress” towards compliance with 2020 consent order

Fines Imposed:The Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board fined Citigroup a combined $135.6 million. OCC...

TBC Bank Uzbekistan lands $38.2m equity investment

Funding:TBC Bank Uzbekistan (TBC UZ) secured a $38.2 million equity investment from stakeholders. TBC Bank Group, the parent company, is contributing $23...

Blockchain-powered clearing and settlement fintech Partior raises more than $60m in Series B funding

Funding:Partior, a Singapore-based fintech start-up, secured over $60 million in a Series B funding round. The round was led by Peak XV...

ICYMI fintech funding round-up: Lemon.markets, Trustap, Adfin, Accend and more

ICYMI Funding Round-UpLemon.markets:Amount: €12 million seed extension. Lead: CommerzVentures. Other Investors: Creandum, Lakestar, Lightspeed, Heliad, System.one. Purpose: Expand Brokerage-as-a-Service platform across Europe...

Intuit to cut 10% of workforce amid plans to boost investment in “key growth areas” such as AI

Intuit to Cut 1,800 Jobs: Key PointsJob Cuts Announcement:Intuit will cut 10% of its workforce, approximately 1,800 employees. The announcement was made...