Tag: Financial Services/Finserv

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JP Morgan Chase-owned WePay reportedly offboards a number of business clients

JP Morgan Chase's WePay reportedly offboards long-standing business clients. The move suggests a potential shift in the bank's strategy away from competing with...

Brazil’s Conta Simples plots product expansion following $41.5m Series B

Conta Simples secures $41.5 million in Series B funding Led by existing investor Base10 Partners Funding to enhance corporate card platform and expense...

Singapore’s GXS Bank reportedly receives $109m investment from parent company Grab

GXS Bank Funding:Singapore-based digital banking challenger GXS Bank has reportedly received an additional $109 million investment from its parent company, Grab Holdings. ...

Canada’s Vancity names Wellington Holbrook as president and CEO

Vancity's New CEO:Canadian credit union Vancity has appointed Wellington Holbrook as its new President and CEO, effective from January 15, 2024. Wellington...

WealthCo Asset Management taps Duco to automate manual data tasks

WealthCo Asset Management and Duco Partnership:WealthCo Asset Management in Canada has entered into a partnership with Duco, leveraging Duco's cloud-based Software-as-a-Service (SaaS)...

Global fintech investment plummeted 48% in 2023, according to new data by Innovate Finance

Global Fintech Funding (2023):Total global investment in fintech reached $51.2 billion in 2023, marking a 48% decline from the previous year's figure...