September 17, 2024 @ 2:30 pm By Omar Faridi  |  

Neil Chandler, CEO of Aion Bank, recently shared his opinions with CI on the evolution of Banking-as-a-Service (BaaS) and why he believes we are primed for BaaS 2.0. Change is afoot in the embedded banking space – BaaS is transitioning from its former status as… Read More

 Tagged aion bank, baas, banking, fintech adoption, interview, neil chandler

September 17, 2024 @ 2:09 pm By JD Alois  |  

TransUnion (NYSE: TRU) and MoneyLion (NYSE: ML) will be working together. MoneyLion will be utilizing TransUnion’s data and credit solutions as part of its hosted credit-decisioning platform. Dee Choubey, co-founder and CEO of MoneyLion, said by integrating Transunion’s credit data they will be able to… Read More

 Tagged moneylion, transunion

September 17, 2024 @ 1:18 pm By Omar Faridi  |  

Huma, a Payment Financing (PayFi) network, announced that it has raised $38 million in funding. Distributed Global led the equity round, with “significant participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, CVC arm of İşbank, the largest private bank in… Read More

 Tagged funding, Huma, PayFi, payment financing

September 17, 2024 @ 1:11 pm By Omar Faridi  |  

The Bank of New York Mellon Corporation (BNY) (NYSE: BK) has announced Alts Bridge, a data, software, and services solution designedt to meet the growing demand from wealth intermediaries looking to access alternative and private market investment products, through a simplified end-to-end investment experience. Designed… Read More

 Tagged alts bridge, bny, data, financial services

September 17, 2024 @ 8:51 am By Omar Faridi  |  

Axoni, a provider of trade workflow applications and real-time data replication technology, announced the sale of its Veris post-trade processing business and related intellectual property to the London Stock Exchange Group (LSEG), a global provider of financial markets data and infrastructure. The transaction remains subject… Read More

 Tagged acquisiton, fintech trends, london stock exchange, london stock exchange group, lseg, uk, united kingdom

September 17, 2024 @ 7:37 am By Omar Faridi  |  

R3, the infrastructure platform building digital solutions for financial markets, and Quant, the digital finance pioneer, announce the release of the results of UK Finance’s UK Regulated Liability Network. The report which follows work with UK Finance with eleven of its members and partners on… Read More

 Tagged infrastructure, quant, r3, uk, uk finance, united kingdom

September 17, 2024 @ 6:28 am By Omar Faridi  |  

Savr, a Fintech based in Sweden, has secured additional financial investment from Incore Invest, a European investment firm focusing on growth-stage investments, further deepening their ongoing partnership. The strategic investment from Incore Invest “will drive Savr’s latest offering to now include equities, alongside mutual funds… Read More

 Tagged europe, fintech adoption, incore invest, investments, savr, sweden

September 17, 2024 @ 6:22 am By Omar Faridi  |  

Revolut is reportedly preparing for a 2025 launch in India. Potentially targeting millions of India’s consumers in a vital test for the growth strategy of Europe’s most valuable Fintech, Revolut will aim to take advantage of establishing operations in one of the world’s fastest-growing economies. London-headquartered Revolut… Read More

 Tagged banking, digital bank, digital banking, fintech trends, india, revolut

September 16, 2024 @ 9:20 pm By Omar Faridi  |  

Maybank, a dedicated banking partner to more than 1 million small and medium enterprises across ASEAN, today announced a strategic investment in Funding Societies | Modalku (Funding Societies), which is said to be the largest unified digital finance platform for micro, small and medium enterprises… Read More

 Tagged funding societies, investment, kelvin teo, malaysia, maybank

September 16, 2024 @ 8:53 pm By Omar Faridi  |  

PGIM, the $1.33 trillion global investment management business of Prudential Financial, Inc., has received Financial Services Permission (FSP) to operate in Abu Dhabi Global Market (ADGM) and has opened a new office in Abu Dhabi, “located in the heart of the city’s financial district.” Establishing… Read More

 Tagged abu dhabi, adgm, investments management, pgim