Banking
China imposes hefty fines on Ant Group and Tencent as it looks to normalise supervision
China's central bank, the People's Bank of China (PBOC), has imposed hefty fines on Ant Group and Tencent, along with other fintech companies, as...
Business
Silverbird announces Stu Bailey as new CPO
UK-based fintech Silverbird has appointed Stu Bailey as its new Chief Product Officer (CPO). Bailey will support Silverbird's international growth and infrastructure scaling, aiming...
Banking
Egypt Post meets SME financing capabilities with Qardy partnership
Egypt Post has partnered with online aggregator marketplace Qardy to provide SMEs in Egypt with better access to financing opportunities. This collaboration aims to...
Business
SumUp taps Form3 for access to UK Faster Payments, appoints CPO
UK-based paytech company SumUp has partnered with cloud-based payments platform Form3 to gain direct access to the UK Faster Payments Scheme (FPS) and Bacs...
Business
ICYMI fintech funding round-up: Numarics, Zuvy, Shinkansen and Chari
Here are the key facts from the fintech funding round-up:
FactsSwiss fintech start-up Numarics has raised €10.2 million in a seed round. The funding...
Banking
US fintech Clair lands $25m equity funding to power on-demand pay
New York-based fintech start-up Clair has secured $25 million in equity funding to fuel the growth of its consumer on-demand pay solution backed by...
Business
FIS confirms deal to sell majority stake in Worldpay to GTCR for $11.7bn
FIS has reached a definitive agreement with private equity firm GTCR to sell a majority stake in its Worldpay merchant business. GTCR will acquire...
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