Tag: fintech
Abrdn announces £150m cost-cutting drive with 500 jobs on the chopping block
Job Cuts: Abrdn, a UK asset management firm, is implementing a "transformation programme" involving the cut of 500 jobs.
Cost Reduction Target: The program aims...
BillingPlatform lands $90m growth equity investment from FTV Capital
BillingPlatform secures a $90 million growth equity investment from FTV Capital.
FTV Capital's Kyle Griswold and Richard Liu to join BillingPlatform's board of...
CFPB proposes new laws to stamp out NSF fees for transactions declined in real time
The US Consumer Financial Protection Bureau (CFPB) proposes a ban on fees for non-sufficient funds (NSF) charged by banks, credit unions, and certain...
SME lender FundPark doubles credit facility with Goldman Sachs to $500m
FundPark, a Hong Kong-based capital financing provider, has doubled its asset-backed securitization (ABS) facility with Goldman Sachs to $500 million.
The expansion follows...
Italy’s Objectway doubles down on North American wealth market with acquisition of Nest Wealth
Acquisition Details:Italian banking software provider Objectway has acquired digital wealth solutions provider Nest Wealth based in Toronto, Canada.
The acquisition amount remains...
Form3 strengthens board with appointment of Anil Arora as non-executive director
UK paytech firm Form3 appoints Anil Arora as an independent non-executive director.
Arora brings "significant experience" in founding and scaling fintech companies, expertise...