Tag: USA
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...
Sequoia Capital reportedly offers Stripe investors share deal as fintech valuation tops $70bn
Summary of Sequoia Capital's Offer to Legacy Fund LPs for Stripe SharesOffer Details:Opportunity for LPs: Sequoia Capital offers limited partners (LPs) of...
Mexican fintech start-up OCN lands $86m Series A funding round to drive international expansion
Summary of OCN Securing $86 Million Series A FundingCompany: OCN (formerly OneCarNow), a Mexican fintech start-up.
Funding Details:Total amount: $86 million.
Components:...
Diamond Credit Union partners Tyfone for nFinia digital banking platform
Partnership:Diamond Credit Union selects Tyfone for its nFinia Digital Banking platform.
The platform will serve both commercial and retail customers.Key Features:...
US regulators fine Citigroup $136m for “insufficient progress” towards compliance with 2020 consent order
Fines Imposed:The Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board fined Citigroup a combined $135.6 million.
OCC...
Blockchain-powered clearing and settlement fintech Partior raises more than $60m in Series B funding
Funding:Partior, a Singapore-based fintech start-up, secured over $60 million in a Series B funding round.
The round was led by Peak XV...