Banking
Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings
Strategic Acquisition: Amundi, Europe’s leading asset manager with €2 trillion AUM, has acquired Aixigo, a German provider of API-based wealth management software, for...
Banking
Modifi Secures $15M and Partners with SMBC to Expand Digital Trade Finance for SMEs in Asia
Berlin-based digital trade finance platform Modifi has raised $15 million in a new funding round led by Sumitomo Mitsui Banking Corporation (SMBC) and...
Banking
Solaris to “discontinue major parts” of EMI business
Solaris Discontinues Major EMI Operations: German embedded finance platform Solaris announced it will discontinue significant parts of its Electronic Money Institution (EMI) business,...
Banking
Enfuce to launch dual-function E2 card in UK, France and Germany with Mastercard
Enfuce, a Finnish issuer processor, has partnered with Mastercard to expand its E2 card offering to Germany, France, and the UK.
The E2...
Banking
UniCredit buys 9% stake in Commerzbank as German government looks to offload shareholding
UniCredit has acquired a 9% equity stake in Commerzbank.
Of this, 4.49% was purchased through an accelerated book building offering for $775 million,...
Banking
Germany’s Upvest embeds Deutsche Bank’s banking infrastructure to expand its product range
Upvest, a Berlin-based fintech, has formed a strategic partnership with Deutsche Bank to expand its product offerings.
Upvest was founded in 2017 and...
Banking
N26’s chief regulatory officer Jan Stechele to step down to “pursue new opportunities”
Jan Stechele's Departure: Jan Stechele, Chief Regulatory Officer (CRO) at N26, will step down at the end of September to pursue new opportunities.
...
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