Ant Financial to raise $1 billion fund for Southeast Asian and India start-ups
The fund is for payments and online finance start-ups.
The fund is for payments and online finance start-ups.
The acquisition is a gateway for Evertec to tap Colombia and Ecuador.
Phemex calls itself “the most trustworthy cryptocurrency derivatives trading platform”.
The bank wants to reach a 2023 revenue target of €19.3 billion.
This is the Latin American start-up’s fourth financing round.
ISDA writes letter to FCA asking for greater information on Libor phase-out.
Monese wants to offer an alternative to traditional banks’ “red tape”.
KPMG says 80% of bank employees don’t know what unstructured data is.
The firm will be replacing 20 legacy systems in the process.
Julian Sawyer set to lead Gemini’s European operations.
Venture capital firm plans to focus on the US and Canada, as well as overseas
The company is gearing up to make two acquisitions.
Penta is breaking out of its online-savvy customer niche.
Now the central bank could be entering phase two of its project.
96% of UK mental health sufferers say the alert will be useful.
Deutsche officials were made aware that the scope of the DoJ probe had broadened.
FinAccel hits $500 million evaluation.
Figure is also edging into the student financing space.
Open banking comes with benefits to banks but also various challenges.
Scott Powell will be the bank’s new chief operating officer.
Raisin is the first – and currently the only – company to offer Credorax’s retail deposits.
The firm is moving closer to a centralised, cloud-based platform.
The over-arching goal: invest in 1,000 diverse founders over the next 20 years.
The card will be UK’s first multi-brand digital gift card.
TS Anil will join the digital bank early next year.
The ATMs will use contactless technology and QR codes.
The capital offering sits between debt and equity financing.
The round was led by Drive Capital and National Bank of Canada’s VC arm, NAventures.
The funding round was led by seed and growth investor Global Founders Capital.
Merchant fees on card payments in Australia came to AUS $4.3 billion last year.
5.51 million open banking accounts have now been registered.
Swedish banking and payment firm puts AWS at the centre of new strategy.
The firm will cover fees and get a future share of students’ future incomes.
Voyager Alliance, East London and RetailCURe moved to the new platform.
BankBi will use CMFG Ventures’ US credit union connections.
The firm will use this new capital to increase its scale.
There is strict criteria to join the private banking community.
Dubai-based bank has been on a technology tear of late.
The banks failed to message users going into their overdrafts.
Westpac has been using IBM’s infrastructure since the 1990s.