Banking
Monzo hires Brolly founder Phoebe Chibuzo Hugh to lead its “charge into insurance”
UK challenger bank Monzo has hired Phoebe Chibuzo Hugh, founder and former CEO of Brolly, for its insurance industry expansion.
Hugh aims to...
AI
NatWest engages IBM to revamp chatbot service with generative AI
NatWest selects IBM's Watsonx platform for Cora:NatWest partners with IBM for Cora's enhancement.Cora+ offers more human interactions:Cora+ designed to provide a more...
Banking
Coop taps Additiv to launch new financial services app Coop Finance+
Coop, one of Switzerland's prominent retail and wholesale companies, has partnered with embedded finance fintech Additiv to launch its Coop Finance+ financial services...
Banking
GreenSky sold to Sixth Street-led investor consortium, Goldman Sachs confirms
Goldman Sachs sells GreenSky to consortium led by Sixth Street:Goldman Sachs is selling GreenSky, a fintech lender and BNPL provider, to a consortium...
Banking
HSBC acquires Citi’s $3.6bn consumer wealth portfolio in China
HSBC has agreed to purchase Citi's retail wealth management portfolio in China, with a deal expected to close in the first half of 2024....
Banking
Pakistan’s latest challenger HugoBank gains preliminary approval
Pakistani challenger HugoBank receives preliminary approval for its Digital Retail Banking (DRB) license from the State Bank of Pakistan (SBP) and plans to offer...
Banking
UK challenger Kroo looks to raise £70m Series C as it takes on banking transparency
Kroo, a London-based digital lender, aims to raise up to £70 million in a Series C funding round to enhance transparency in its product...
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