Auxmoney buys majority stake in Dutch credit marketplace Lender & Spender
With the stake, Auxmoney plans to build upon its “continuous organic growth” of recent years.
With the stake, Auxmoney plans to build upon its “continuous organic growth” of recent years.
With the fresh facility, Cambridge & Counties Bank aims to increase its volume of lending to small businesses.
Once acquired, ForgeRock will delist its class A common stock from the New York Stock Exchange.
Rextie becomes Latin America’s first FX fintech to receive an investment from Citi.
Lawrence Lin Murata reflects on what he learnt from starting his first company and the impact on starting Slope.
SME Finance CEO says the agreement with EIF allows it to offer financing to businesses “on significantly better terms”.
The deal is expected to close on 31 August.
The firm’s new $5.8bn valuation represents a 28% drop from its $8.1bn valuation back in March 2022.
The SEC says the fine should serve as “a warning for all advisers to ensure compliance”.
As Turkey’s first digital bank, ColendiBank is aiming to reach 50 million customers regionally.
The acquisition is subject to regulatory approvals and customary closing conditions.
Under the terms of the deal, W2 will now trade as ‘W2 by FullCircl’.
Tariq joins WealthKernel from FNZ Group, where she was group head of business intelligence for three years.
The $6 million deal is to be completed via an all-stock transaction by September.
The company attributed the performance to hiring costs and US competition.
With Corserv, Peoples Bank will be able to offer 14 different credit card products to its business and retail customers.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Brown joins the open banking payments network from PayPal, where he was director of UK enterprise sales.
Zolve’s telecom-financial offering is tailored for expats pursuing educational or professional opportunities in the US.
Part of the commitment requires the US BNPL vendor to redomicile to the Cayman Islands.
With more than 20 years of work experience, Fowler joins Early Warning from Canada’s BMO Financial Group.
The fintech landed $20 million in a Series A funding round in June 2022.
Ozaltin brings more than 20 years of fintech experience to 10x, having worked at Signifyd, Fiserv and JP Morgan Chase.
With the approval, TerraPay is now looking to expand within Italy and subsequently across the European Union.
The acquisition will enable Matera’s clients to enhance their sales capabilities through actionable insights.
Arnt is to join current CEO Sebastián Kanovich to lead the firm’s future endeavours.
Frank Zhang, “a fintech, ISO standard certification and sustainability veteran”, will lead the new subsidiary.
The independent survey was carried out by Ipsos and BVA BDRC between July 2022 and June 2023.
The SEC has leveraged 30 enforcement actions to date against firms failing to comply with recordkeeping requirements.
The Savings Bank Group says the new lending platform will enhance its digital offerings and operational efficiency.
DBS has also absorbed close to 3,000 employees from Citi Consumer Taiwan.
Folz joins CloudPay from the German credit institution Solaris SE, where he served as CEO from 2017 to 2023.
MTN says its partnership with Mastercard will enable its customers “to participate in the global economy”.
Paytrix describes Redmond as a “heavyweight of Ireland’s financial services sector”.
James Yacobucci has been appointed to head of bank partnerships and Noah Martin to head of capital markets.
Hansen joins ConnexPay from PayPal, where he served as head of global sales and account management.
The round was led by Westbridge Capital, Accel, Tanglin Ventures, Beams Fintech Fund and other strategic investors.
The latest investment brings Moove’s total funding to date to over $335 million across equity and debt.
Payabl. says the authorisation will “unlock significant opportunities” as it looks to expand across the UK.