First Bancorp completes $1.1bn acquisition of Santander Puerto Rico
The merger is expected to complete in Q2 2021.
The merger is expected to complete in Q2 2021.
“The US is a critical part of our global strategy,” says CEO.
Men’s toiletries brand makes a move into payments.
City First Bank in Washington and Broadway Federal Bank in Los Angeles are merging.
Know Your Money had some five million consumers and 1.2 million business clients in 2019.
FinTech Futures’ weekly news round-up.
Sendwave has a presence in East and West Africa.
JP Morgan has also made an undisclosed strategic investment in ConsenSys.
Xero’s shares hit more than AUD 100 on 25 August.
Matt Sattler, head of HSBC’s innovation labs, reveals what it takes to secure a deal with the bank.
Afterpay already owns UK BNPL player, Clearpay.
CMA finds no competition issues with Visa’s mega-deal.
The acquisition was sealed on 20 August.
The deal is subject to approvals by the Brazilian Central Bank and antitrust authorities.
GM’s credit card business has about $3 billion in outstanding balances.
The deal enables FXPress customers access to multi-currency IBAN accounts.
Reports earlier this month put the value of the acquisition at up to $850 million.
Third party firm to receive an exclusive licence for Nets tech to lower anticompetition fears.
The deal would involve Amazon acquiring a minority stake in Rackspace.
Kabbage was last valued at more than $1 billion.
BankMobile was supposed to be acquired back in 2017.
Exchange operator aims to boost its nascent mortgage business.
UK regulator worried merger may prevent new entrants scaling up in the UK.
Apple buys start-up to turn iPhones into payment terminals.
LSE exploring options to push through $27 billion acquisition.
DPO is the largest online commerce platform operating across Africa.
OnDeck has suffered in the wake of the COVID-19 pandemic.
Bow Capital Management is also aiming to raise $350m for a tech focused Spac.
Paysafe looks to grow its core offering across the US.
Cognitect snapped up by Brazilian neobank.
Last year, Orient Bank reported a net loss equivalent to $284,374.
Instantor employees a team of 26.
Coconut CEO, Sam O’Connor, shares his insight on the Plaid and Finicity acquisitions.
In December 2019, the digital challenger landed a specialised bank licence.
Unlocking the benefits of open banking.
Raheja QBE has around 41,000 customers.
Intriva has bought 100% of Lending Work’s equity for an undisclosed price.
World’s oldest bank looking to bulk up its resources.
The deal is thought be be around €100 million.
The value of the acquisition has not been disclosed.