Tag: Financial Services/Finserv
BIS readies for live implementation of Project Nexus in Asia
Project Nexus by BIS: Key PointsProject Overview:Initiative by Bank for International Settlements Innovation Hub (BISIH).
Aims to enhance cross-border payments by connecting...
Revolut announces record $545m profit for 2023
Revolut Annual Financial Report 2023: Key PointsRecord Financial Performance:Revenue Growth: Revenue surged by 95%, from $1.1 billion in 2022 to $2.2 billion...
US fintech start-up Rainforest lands $20m Series A led by Matrix Partners
Rainforest Secures $20 Million Series A Funding: Key PointsFunding and Investors:Rainforest, a Payments-as-a-Service (PaaS) provider, secured $20 million in Series A funding.
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Brazil’s Nubank buys AI-powered data intelligence start-up Hyperplane
Nubank Acquires Hyperplane: Key PointsAcquisition Details:Nubank, a Brazilian challenger bank, has acquired US-based data intelligence start-up Hyperplane for an undisclosed sum.AI...
UK fintech Pozitive Payments names Alex Daly as new CFO
Pozitive Payments Appoints Alex Daly as CFO: Key PointsNew CFO Appointment:Alex Daly has been appointed as the new chief financial officer (CFO)...
Hong Kong lender FundPark lands £250m facility led by HSBC
FundPark Secures $250 Million ABS Facility from HSBC: Key PointsFunding Secured:FundPark, a Hong Kong-based lender, secured a $250 million three-year private loan...