Tag: payments
US fintech Coast bags $40m Series B for product, partnership and team expansion
Key Points:Investment Details:Total Raised in Series B: $40 million
Lead Investor: ICONIQ Growth
New Board Member: Yoonkee Sull (General Partner at ICONIQ...
Meridien Holdings acquires stake in FX liquidity firm DKK Partners to bolster plans for NYSE listing
Meridien Acquires 27% Stake in DKK PartnersAcquisition Details:Acquirer: US-based holding company Meridien
Stake Acquired: 27% of DKK Partners
Transaction: In exchange for...
ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more
ICYMI Funding Round-Up: Latest Fintech Funding NewsDopayAmount Raised: $13.5 million Series A extension.
Lead Investor: Argentem Creek Partners.
Purpose: Expansion in Egypt,...
Cash App to exit UK as Block scales back international expansion plans
Summary of Cash App's Exit from the UK MarketCompany: Cash App, a division of Block (formerly known as Square), led by Jack Dorsey.
...
Jordan Kuwait Bank partners Mastercard and FOO to launch multicurrency prepaid wallet offering
Summary of Jordan Kuwait Bank's Launch of eliWalletEntities Involved:Jordan Kuwait Bank (JKB)
Mastercard
FOO (UAE-based fintech)Product Launched:eliWallet: A prepaid digital...
Digital challenger Inter promotes SVP Alexandre Riccio to Brazil CEO
Summary of Inter's Leadership Changes and StrategyLeadership Appointment:New CEO: Alexandre Riccio appointed as CEO for Brazil.
Focus Shift: Current group head Joao...