Codebase launches BaaS solution in Egypt with Visa and eFinance
The BaaS model will enable Egypt’s non-bank firms to integrate banking services into their product lines.
The BaaS model will enable Egypt’s non-bank firms to integrate banking services into their product lines.
The US banking giant is aiming to boost its presence and service offerings in the UAE.
A longstanding company executive, Zengel has worked with Jack Henry for the last 24 years.
Marqeta hired Parker in September 2022 to build out its international go-to-market and operational functions.
Trafalagar plans to launch its new platform, running on Vault Core, in Q2 2024.
Binance has agreed to pay $4.3bn in “one of the largest corporate penalties in US history”.
Kraken says it disagrees with the allegations and aims to “vigorously defend” itself in court.
The bank was flagged by the OCC last year for “unsafe or unsound” practices concerning its BaaS business.
The SME-focused challenger landed its UK banking licence with the FCA and PRA in March.
According to a report by Fortune, sources say the start-up has received multiple offers for acquisition.
“Our consumer brand growth was falling short of our goals,” says HMBradley CEO and co-founder Zach Brunke.
Monzo could close its latest round of funding before the end of the year as it eyes up a potential IPO.
The deal will be completed through Advent’s new payments company, AI Circle Bidco.
Anand first joined Brex in January 2022 as chief product officer.
Enova says it has reached an agreement with the CFPB, with the majority of items being self-reported by the firm.
Having raised $15.5 million in seed funding, the fintech had hoped to raise an additional $40 million but to no avail.
Harden has served as the bank’s SVP of product development since February 2022.
Created 20 years ago, Lynx leverages AI and machine learning to detect and prevent financial crime.
The paytech was valued at $350 million only seven months ago.
Himagiri Mukkamala joins as CDO, Beth-Anne Bygum as CISO and Blair Williams as CRO.
In this episode, fintech founders share their experienced of building values for a new digital vision.
Tracie Loudermilk has also been appointed to the role of vice president of project and consulting solutions.
By moving to the cloud, AWS claims that MUFG has been able to reduce IT operational costs by 20%.
The company has secured an additional $250 million in debt financing to support its lending operations.
The bank says the platform will enable it to deliver “affordable term loans” directly to its SMB customers.
The first two quarters of this year saw global enforcement fines amount to $1.5bn and $2.27bn, respectively.
The round was led by Ribbit Capital with participation from existing investors Kleiner Perkins and Thrive Capital.
First-hand insights and learnings of fintech founders on how to strategically build a versatile team.
The cuts were first reported by Fortune, but the total number of employees impacted is currently unknown.
Grasshopper and Treasury Prime are thriving at a time when so many neobanks and BaaS providers are struggling.
Johnson joins MoneyGram from fintech firm Alloy where she worked for over six years.
The company’s acquisition by its senior executives is expected to be completed this month.
We explore various aspects of how to build company culture and what can be achieved as a team.
Cash App had been pursuing a VASP licence in the country since 2021.
Scotiabank first bought its 20% stake in May 2014 for around $460 million.
Exploring hiring strategies and how to build a successful roadmap for a long-term vision.
Goldman Sachs bought the GM credit card business for $2.5 billion in October 2020.
The latest cash injection brings Arch’s total funding to date to over $25 million.
The bank will deploy FusionIQ’s cloud-native Digital Advice platform.
Bloomberg reports that an official announcement regarding the potential acquisition could arrive within a week.