US private equity firm WCAS buys majority stake in EquiLend
WCAS will also commit $200 million to fuel the future growth of EquiLend.
WCAS will also commit $200 million to fuel the future growth of EquiLend.
The bank is set to replace its homegrown Maarvel core system with Flexcube.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The credit union hopes Alkami’s digital platform will help it grow its retail and business portfolio.
Panacea says it will use the capital to expand its financial services suite built for US doctors.
The telecom-as-a-service platform has previously tapped talent from Nubank, Klarna and Revolut.
Tbricks is the US-headquartered fintech’s principal trading and market making solution.
FinTech Futures takes a look at FS firms that are catering to vulnerable people or people with disabilities.
The transaction is expected to close in Q4 2024, subject to approvals and customary closing conditions.
The bank is anticipating run rate savings of $2 billion as a result of the cuts.
Rohrlich previously served as CEO of Top Hat, a US-based higher education engagement platform.
The new joint venture, Commerz Globalpay, is expected to launch in H1 2024 and will be based in Frankfurt.
JP Morgan Chase bought WePay back in 2017 in a $400 million deal in a push to compete with Stripe.
The bank will adopt the Revio platform to tap customer expansion opportunities.
The stablecoin company has confidentially submitted a draft registration statement with the US regulator.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The social media platform has obtained a money transmitter licence in 14 US states so far.
Yabuki also currently serves as chairman and founding partner of Motive Partners.
The start-up seeks to provide property investors with interest-free down payments on their next home purchase.
The bank will deploy Apiture’s digital platform to expand beyond branch and telephone-based banking.
The bank has partnered with FinOS to access its composable banking capabilities and increase operating ability.
Crager is due to transition into the role of senior advisor upon his departure from the company’s leadership.
Gorney joins the company from Seacoast Bank, where he served as EVP CTO and chief innovation officer.
Financial terms of both the acquisitions were not disclosed.
The agreement will see the bank adopt its partner’s ATM-as-a-Service and ITM-as-a-Service offerings.
The credit union has adopted the FusionIQ One platform to power its ascent into digital investing services.
Arun Kumar has joined from Luma Financial Technologies as the company’s new CTO.
Form3 hopes to leverage Arora’s “significant experience” in founding and scaling up fintech companies.
Cotribute says it was able to launch digital account opening for new and existing members “in just 30 days”.
New York-based OpenTransact is a self-serve banking platform built to support high-risk businesses.
JP Morgan acquired a 48.5% stake in Viva Wallet in December 2022 for $800 million.
Scheduled to arrive in Q2 2024, it will be the first de novo bank to be established in South Florida in 15 years.
Wisconsin-based OCCU says the decision follows “an extensive search” for a new core partner.
CEO and founder Aaron Schumm says the raise is “one of the largest Series D SaaS rounds in the US this year”.
Chang brings 15 years of financial services, fintech and consumer protection experience to her new role.
CSI initially struck a partnership with Hawthorn River in October to utilise its tech.
The credit facility has been provided by Citi and long-time financing partner Fasanara Capital.
Ncontracts hopes to strengthen its position in the US market and expand its offerings.
Mustard founded the firm in 2007 with Ryan Graciano and Kenneth Lin.
The central bank will leverage the partnership to launch a real-time payments ecosystem in 2025.