Spanish banking group BBVA (NYSE: BBVA) has entered into an agreement with French counterpart Société Générale to purchase the latter’s 50 percent holding in their longstanding brokerage joint venture, Altura Markets. The transaction will bring the Madrid-based firm fully under BBVA’s ownership and fold it… Read More
Read more in: Fintech, Global | Tagged acquisition, banking, bbva, europe, socgen
Bling Card has teamed up with SocGen-owned banking-as-a-service (BaaS) firm Treezor in order create a prepaid pocket money card and financial education app for children in Germany. With the Bling Card, kids and teenagers are able pay independently and securely at merchant outlets in Germany…. Read More
Read more in: Fintech, Global | Tagged baas, europe, financial education, germany, kids, socgen, teenagers, treezor
Paris-based Société Générale S.A., a French multinational investment bank and financial services company with around €1.3 trillion in assets, is reportedly acquiring Shine, a French neobank for business owners. The acquisition might be worth approximately €100 million, according to estimates from industry participants. Established about… Read More
Read more in: Fintech, Global | Tagged acquisition, banking, banking challenger, challenger bank, digital bank, europe, france, neobank, shine, socgen, societe generale
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