Solid Financial Technologies reportedly settles dispute with FTV Capital
Solid will reportedly buy back FTV’s stake in the start-up in full, according to Fintech Business Weekly.
Solid will reportedly buy back FTV’s stake in the start-up in full, according to Fintech Business Weekly.
Fulton Bank will “assume substantially all of the deposits and purchase substantially all of the assets” of the bank.
The WG-QSC intends to publish its initial findings ahead of Sibos in October 2024.
Partially financed by Stifel Venture Banking, the deal marks Paystand’s second acquisition in two years.
The service will enable customers to transact USDC stablecoins via Solana, Ethereum and Polygon.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Monese, Temenos, Synapse and more.
Zafin CEO Al Karim Somji will hand the reins over to former IBM Canada exec Charbel Safadi.
The new standalone company will act as an independent neobank offering environmentally sustainable products.
The new offering will also include deposit accounts and automation tools for bill payments.
Jean-Pierre Brulard will start his tenure on 1 May 2024, with Andreas Andreades retiring after 25 years.
The deal will also see VC firm Andreessen Horowitz become a shareholder in ComplyAdvantage.
Together claims to have a loan book exceeding £6.8 billion, originating over £200 million in loans monthly.
The lender has opted to transition its core to the vendor’s Fusion Essence solution.
The start-up secured a $75m warehouse facility expansion alongside the round.
Tilia is to rebrand as Thunes and maintain operations from San Francisco.
The deal includes Marcus Invest’s accounts and assets under management.
JP Morgan has controlled the unit since its takeover of First Republic Bank last May.
The former Bank of America exec is to lead Nium’s strategy in the newly-created role.
Synapse previously filed for Chapter 11 voluntary bankruptcy and laid off over 50% of its workforce last year.
The sustainability spending fintech is to integrate the DoneGood marketplace into its company ratings platform.
President and CCO Adam Payne says the deal comes amid a need to “focus on our core business”.
The market appears to be investing in anything that moves with the letters “AI” in it.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Klarna, Ramp, Zopa and more.
The US-based bank has partnered with Backbase and banking and payments fintech Finzly.
The San Francisco-based bank will utilise the fintech’s TradeSun Intelligence V4 solution.
Customers of Mercury’s latest offering will need to commit to a $240 annual subscription fee.
The US is set to be Klarna Card’s fourth market of entry, following earlier launches in Sweden, Germany and the UK.
The round adds to the $300m Ramp raised in its Series D round in August 2023 at a valuation of $5.8bn.
Sachdeva succeeds Rafael Plantier, who has been promoted to head of go-to-market.
The $171 billion-asset credit union is also to make use of the vendor’s product and pricing platform.
Founded in 1997, Macatawa Bank manages a network of 26 full-service branches across Michigan, USA.
The agreement was filed with the National Stock Exchange of India this week.
The company had previously announced the tender offer to provide employee liquidity in February.
Money20/20 Asia takes place between 23-25 April at QSNCC in Bangkok, Thailand.
NFCU is “continuing to standardise” with the fintech’s engagement banking platform.
The bank is to adopt the vendor’s LoanVantage solution and Banno Digital Platform.
Schulman departed his role as president and CEO of PayPal at the end of last year.
Three fintech founders discuss the importance of embracing diversity, equity and inclusion in business.