Tag: USA
US digital banking platform Greenwood acquires neobank Kinly
Greenwood, a digital banking platform catering to Black and Latino individuals and businesses in the US, has acquired Kinly, a neobank focused on improving...
Morgan Stanley reportedly set to cut 3,000 jobs by end of Q2
Morgan Stanley is reportedly planning to cut 3,000 jobs by the end of Q2 2023 due to a decrease in deal making, leading to...
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...
Shopify taps B2B payments platform Melio for bill pay solution
Shopify has partnered with Melio to introduce Shopify Bill Pay, a B2B payments solution that enables Shopify merchants to pay and manage their bills.
Facts...
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...
Axoni raises $20m in equity funding round led by EJF Ventures
New York-based fintech Axoni has raised $20m in an equity funding round led by EJF Ventures, with participation from Laurion Capital Management and Communitas...