Banking
Climate fintech start-up Cloover secures $114m in seed funding round
Company: Cloover, a Berlin-based climate fintech.
Funding: Raised $114 million in seed funding (combination of debt and equity).
Investors:Led by Lowercarbon Capital.
...
Banking
N26 fined €9.2m by BaFin over late submission of suspected money laundering reports in 2022
N26 Fined and Regulatory Updates:
Fine Imposed:Amount: €9.2 million
Reason: Systematic late submission of suspected money laundering reports in 2022
Regulator: Federal Financial Supervisory...
Banking
ABN Amro acquires Germany’s Hauck Aufhäuser Lampe in €672m deal
Acquisition Details:Price: €672 million
Seller: Fosun International
Buyer: ABN Amro, one of the Netherlands’ largest banksStrategic Goals and Impact:Combination with...
Banking
FE fundinfo snaps up wealth management fintech Dericon
Acquisition Details:Acquirer: FE fundinfo, a UK-based financial data firm.
Target: Dericon, a wealth management fintech based in Frankfurt, Germany.
Acquisition Amount: Undisclosed....
Banking
Iwoca lands £270m debt funding package from Citibank and Barclays
UK-based SME lender Iwoca has secured a debt funding package totaling £270 million to address the increasing demand for finance from small businesses.
...
Banking
GFT Technologies promotes Marco Santos to group CEO
Promotion of Marco Santos to Group CEO:Marco Santos, who has been with GFT Technologies since 2011, has been promoted to the role...
Banking
Tide names former SVP George Schmidt as new regional CEO for UK and Europe
George Schmidt, formerly the senior VP of marketing at Tide, has been promoted to the position of regional CEO for the UK and...
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