After completing the acquisition of Cashalo, a consumer credit and lending company located in the Philippines, Empower Finance, a US-based credit underwriter, has reached a final agreement to purchase Petal, a credit card and financial tech company.
For the past few years, embedded finance has been a popular topic of discussion.
In a £146.7 million agreement, US-based private equity firm STG Partners is expected to indirectly hold Alliance Bidco Ltd (Bidco), a limited company that is slated to purchase UK fintech Gresham Technologies.
Traditional banks still have a disproportionate amount of clients, even if digital banks are leading the way in innovation and agility in the banking industry. However, a recent analysis by App Radar and SplitMetrics suggests that a move away from legacy banks may already be well under way.
Along with loan partner Trinity Capital Inc. ("Trinity"), Silicon Valley Bank (SVB), a division of First Citizens Bank, announced today that it has given fintech infrastructure company Parafin a $125 million warehouse facility.
Opus Technologies is creating waves via innovation in a time when technology is changing the banking and payments industry. In order to democratize the deployment of artificial intelligence (AI) among banks and credit unions, the firm has introduced a number of platforms and solutions.
Leading electronic money institution (EMI) PayDo is working to advance online and mobile banking. An embedded finance capability for SEPA, SEPA Instant, FPS, and SWIFT transactions will be introduced.
According to reports, two malicious Google Chrome browser extensions stole $800,000 from a cryptocurrency investor on X who went by the handle "Sell When Over."
The international banking institution Crédit Agricole and the payment and transactional services provider Worldline have joined forces to establish a new joint venture called CAWL, which will serve as a payment services brand for French retailers.
Yabx, a prominent participant in the realm of sustainable financial inclusion, has declared its collaboration with PayCliq to launch an innovative merchant cash advance solution in Nigeria.
Juniper leads the way in innovative insurance coverage for reproductive health.
April 12, 2024
Finastra introduces a small business DFA 1071 compliance data gathering module.
April 12, 2024
