Tag: Financial Services/Finserv

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Mastercard to realign organisational structure with three new divisions

Organizational Restructuring:Mastercard announces plans to reorganize its teams into three units: Core Payments, Commercial and New Payment Flows, and Services.Leadership Changes:...

Spendesk combines procurement with spend management through Okko acquisition

Acquisition Details:Spend management platform Spendesk is acquiring Okko, a Software-as-a-Service (SaaS) procurement platform based in Paris, France. The acquisition is aimed at...

Alisa Bank snaps up invoice financing fintech Puro Finance to bolster SME services

Merger Details:Alisa Bank in Finland is set to acquire invoice financing fintech Puro Finance through a share exchange. The acquisition will result...

FloQast lands $100m Series E funding at $1.6bn valuation

Funding Round Details:Californian finance and accounting operations platform FloQast has closed its Series E funding round at $100 million. The post-money valuation...

Salt Bank makes digital debut in Romania powered by Starling Bank’s BaaS

Salt Bank Launch:Recently launched in Romania as the country's newest digital challenger. Operates as a subsidiary of Banca Transilvania Financial Group, based...

ICYMI fintech funding round-up: Mimo, TransferGo, Smartpay, Adro and more

Mimo:Raised £15.5 million led by Northzone. Plans to expand its financial management platform for SMBs.Pactio:Secured $14 million in Series A...