Business
ICYMI fintech funding round-up: Kanastra, Majority & Cloudbanking
Here are the key funding updates in the fintech industry:Brazil-based Kanastra raises $13 million in a seed round to enhance its capital markets...
Business
Nasdaq to acquire software firm Adenza for $10.5bn
Nasdaq is set to acquire Adenza, a financial services risk management and regulatory software provider, for $10.5 billion. The acquisition will enhance Nasdaq's platforms,...
Banking
Canada’s Interac appoints Jeremy Wilmot as new CEO
Canadian paytech firm Interac has announced the appointment of Jeremy Wilmot as its new CEO, president, and director of the board, effective from August...
Banking
TD Bank nixes First Horizon merger citing regulatory approval delays
Toronto-Dominion Bank (TD Bank) and First Horizon have terminated their proposed $13.4 billion merger due to regulatory approval delays. TD Bank will pay $200...
Business
Microsoft taps Stripe, PayPal and GoDaddy to launch payments on Teams
Microsoft has collaborated with Stripe, PayPal and GoDaddy to launch a payment feature for businesses on Microsoft Teams. This feature enables businesses in North...
Funding
South Korea’s Kakao Pay eyes majority stake in Siebert
South Korean fintech Kakao Pay has acquired a 19.9% stake in US-based financial services firm Siebert Financial Corp for approximately $17 million, with plans...
Banking
BMO Financial Group names Darrel Hackett as new US CEO
BMO Financial Group has appointed Darrel Hackett as its new US CEO, president and CEO of BMO Harris Bank and CEO of BMO Financial...
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