January 22, 2025 @ 10:05 pm By Omar Faridi  |  

Westpac has released new data revealing the effectiveness of Australia’s scam prevention efforts. The new analysis conducted by BDO compared Australia, the United Kingdom (UK), Canada and the United States (US) and found Australia is “one of the most successful countries” in bringing down scam… Read More

 Tagged australia, fraud, Research Report, scams, westpac

January 22, 2025 @ 7:13 pm By Michael Wong  |  

Global investment firm KKR has enlisted Goldman Sachs to facilitate the sale of its significant minority stake in Philippine fintech company Maya, according to a Reuters report that cited two sources with direct knowledge of the matter. KKR, which owns more than 20% of Maya,… Read More

 Tagged kkr, Maya, Philippines

January 22, 2025 @ 4:27 pm By JD Alois  |  

A recent report that Santander may exit the UK market compelled the bank’s Executive Chairman to throw cold water on the rumors. Speaking at the WEF in Davos, Ana Botin told the audience they love the UK market, claiming it will remain a core market… Read More

 Tagged banking, santander, uk, united kingdom

January 22, 2025 @ 12:36 pm By JD Alois  |  

DriveWealth says it has formed a partnership with Moment Technology to better support access to fixed-income securities. DriveWealth is a “Brokerage-as-a-Service” platform that powers digital wallets, broker-dealers, asset managers and consumer brands. Moment offers fixed-income trading tech as well as market data. The collaboration is… Read More

 Tagged bonds, drivewealth, fixed income, moment

January 22, 2025 @ 7:21 am By Omar Faridi  |  

Nu Holdings Ltd (NYSE: NU), the parent company of Nubank and Latin America’s most valuable fintech, is weighing the possibility of relocating its legal base to the United Kingdom as it eyes broader global expansion, including a potential entry into the highly competitive US markets…. Read More

 Tagged digital banking, latam, nubank, united kingdom

January 21, 2025 @ 9:11 pm By Michael Wong  |  

Skor Technologies, the Indonesian parent company of credit-education platform Skorlife and the Skorcard digital-first credit card, has raised $6.2 million in a pre Series-A funding round led by Southeast Asia-focused Argor Capital. The round also saw participation from existing backers QED Investors and Saison Capital,… Read More

 Tagged digital lending, indonesia, Online Credit, Skor Technologies, Skorcard, Skorlife

January 21, 2025 @ 5:09 pm By Omar Faridi  |  

Colbeck Capital Management, a middle-market private credit firm focused on lending, has recently announced that it raised $700 million in capital commitments for its third flagship fund, Colbeck Strategic Lending III, “exceeding its target by 40%.” The Fund received support from existing Colbeck clients and… Read More

 Tagged colbeck capital management, lending, private credit

January 21, 2025 @ 2:51 pm By Omar Faridi  |  

Generali Investments, a global investment management firm and part of the Generali Group, and MGG Investment Group (MGG), a U.S. private direct lending investment firm with over $6 billion in assets under management, announced the signing of a definitive agreement under which Generali Investments’ wholly-owned… Read More

 Tagged generali investments, investments, lending, mgg investment group

January 21, 2025 @ 11:34 am By Omar Faridi  |  

Adopting the new global standard for payments is more important than ever, according to an update from Swift. As the financial industry moves closer to the CBPR+ November 2025 deadline, Swift has shared comments on some key developments. CBPR+ stands for Cross-border Payments and Reporting… Read More

 Tagged payments, swift

January 21, 2025 @ 10:26 am By Omar Faridi  |  

UK capital markets are being held back by low levels of retail investment, as an abrdn report shows the extent to which wealth is being skewed towards property and cash compared with some other G7 countries. Looking at what percentage of people’s wealth is held… Read More

 Tagged abrdn, capital markets, research, uk, united kingdom