Tag: Financial Services/Finserv
Citigroup to cut 20,000 jobs over two years after Q4 downturn
Citigroup Job Cuts: Citigroup plans to cut around 20,000 jobs by 2026.
Q4 2023 Performance: In the fourth quarter of 2023, Citigroup reported...
Digital asset firm HashKey bags $100m Series A funding at unicorn valuation
HashKey Group secures $100 million in Series A funding round at a valuation of over $1.2 billion.
Founded in 2018, Hong Kong-based HashKey...
UK car finance fintech Carmoola lands £15.5m in equity funding
London-based fintech Carmoola secures £15.5 million in equity funding.
Investors include QED Investors, VentureFriends, InMotion Ventures, AlleyCorp, and u.ventures.
Previous funding includes a...
Global Credit Union to acquire First Financial Northwest Bank for $231m
Acquisition Deal: Global Credit Union signs a definitive agreement to acquire First Financial Northwest Bank for $231.2 million in an all-cash deal.
Transaction Structure: The...
Paymob lands PSP licence from Oman’s central bank
Paymob, a MENAP-based fintech, is now licensed as a Payment Service Provider (PSP) by the Central Bank of Oman.
Paymob claims to be...
US-based Citizens State Bank taps Revio to fuel customer growth
Citizens State Bank Partnership with Revio:Indiana-based Citizens State Bank of New Castle has selected Revio as its analytics and insights provider.
The...