The deal, expected to close in November, is a push by the online lender to pursue profitability by simplifying its business and focusing on its core products
A new Finch Capital report has revealed that the UK has solidified its position in Europe's fintech industry, accounting for around two-thirds of the total deals made in the region
Alkami , a provider of cloud-based digital banking solutions has announced its partnership with Intrepid Credit Union to launch a new digital banking platform
Digital banking platform Plumery has secured USD 3.3 million in funding from early-stage investor DN Capital and Fontes, which is managed by QED Investors
UK-based financial services provider HSBC has announced the launch of its new jointly-owned Embedded Finance venture, SemFi by HSBC, intending to provide optimised solutions to business clients