Japan’s Rakuten Group plans to consolidate its fintech and banking businesses
Rakuten is discussing plans to integrate all its fintech units, including Rakuten Bank, into one unified entity.
Rakuten is discussing plans to integrate all its fintech units, including Rakuten Bank, into one unified entity.
The new cash injection adds to the $20 million Constantinople previously raised via its May 2022 seed round.
Three industry experts highlight the importance of coaching, mentoring and sponsoring initiatives in fintech.
Westpac’s current stack “isn’t older or less capable than peers… we just have too much of it”, according to its CEO.
The community bank will implement Apiture’s Digital Banking Platform offering alongside a number of other solutions.
The Canadian paytech expects the acquisition to close by “late 2024 or the first quarter of 2025”.
NewRetirement says it will use the funds to scale its enterprise financial planning product.
Our pick of the top fintech news stories this week includes Robinhood, Mastercard, Visa, Ant Group and more.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Ally Financial has been on the hunt for a new CEO since the departure of Jeffrey Brown in January.
The acquisition will boost the growth of Abrigo’s existing suite of technical accounting solutions.
Santos will replace current group CEO Marika Lulay, who is due to leave the company at the end of the year.
Kuruvilla served as Bolt’s CEO for over two years following founder Ryan Breslow’s transition to chairman.
The bank is looking to expand its digital financial wellness offerings for its retail customers.
The settlement will see credit interchange rates lowered and capped for the next five years.
Vilja is entering the UK market via a partnership with local mortgage origination platform, Mast.
The companies have until now operated as three separate divisions led by CEO Jerry Young, who is set to retire.
Acworth’s appointment follows Encompass’ recent acquisitions of CoorpID and Blacksmith KYC.
DealStreetAsia reports that Ant Group has now invested over $500 million in total in Anext Bank.
Schmidt will be responsible for leading Tide’s recently announced expansion into the German market.
Due to impact 12% of its total workforce, the proposed job cuts will take effect from 7 May.
Founded in 2020, Novus is the UK’s first B-Corp certified digital bank.
In this podcast episode, Dharmesh and Dave explore the partnership between Engine by Starling and GFT.
Danske Bank will migrate selected legacy applications, data, and infrastructure to the AWS cloud.
Uzum says it will look to raise an additional $200 million in a Series B funding round later this year.
Kennedy has previously held leadership positions at Lloyds, Barclays, Shawbrook Bank and Masthaven Bank.
Fintel has a two-year option to purchase the remaining 30% stake in ifaDASH for an agreed multiple of EBITDA.
Founded in 2018, this latest capital injection takes its total funding to $155 million to date.
At Fintech Meetup, we sat down with AtData to discuss how companies can strengthen their fraud detection strategies.
Laos-based Indochina Bank is modernising its core technology with Oracle FS and Techzone.
GSS says the new funding coincides with its “transition from the development phase to the operational phase”.
Bhatt will step down as chief creative officer but will remain on Robinhood’s board of directors.
Biz2Credit will pay $33 million and Womply will pay $26 million to settle the two separate cases.
The Cologne-based fintech start-up plans to use the funding to expand into new European markets.
Over £1bn of investment has been facilitated to businesses since the launch of the first NPIF in 2017.
The funding round consists of $25 million in equity capital and $67 million in committed debt capital.
Baader Bank already uses Broadridge’s solutions for trading and market connectivity, and order management.
Cashee will provide a free banking app and a prepaid Visa card, issued by Arab National Bank (ANB).
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 Nuvei, Silverbird, nCino and more.