Fintech

The funding was led by Union Square Ventures, Ribbit Capital, and Slow Ventures. Sling Money previously raised a $5 million seed round led by Ribbit Capital with participation from Slow Ventures. With Sling Money, users can send money instantly across 50+ countries across Europe and Africa to other users, between their own accounts, as well […]

The law was enacted in order to protect big oil and gas companies that contribute significantly to the Texas economy. The law was presented by Republican politicians, who have concerns about ESG objectives being pushed across industries. NatWest has been added to the list of firms that are not engaging with energy companies, which could […]

Reuters reports that the lawyer on the case, Jan Bayer, commented that the “crackhead” offer was “dead on arrival”. The proposal offered to pay shareholders €36.50 per Postbank share. Deutsche Bank has €1.3 billion set aside for a potential payout. The German banking giant began its acquisition of Postbank in 2008, and has since been […]

Apple has announced it will soon grant third-party app developers in a number of locations access to its near-field communication (NFC) contactless payment technology. The company says that starting with iOS 18.1, developers in the US, Australia, Brazil, Canada, Japan, New Zealand, and the UK will be able to offer in-app contactless transactions “from within […]

US-based healthcare-focused fintech PayZen has secured $32 million in equity and a new $200 million credit warehouse in an oversubscribed Series B round. The $32 million equity funding was led by New Enterprise Associates (NEA) and featured the “full participation of existing investors” 7wireVentures, SignalFire and Viola Group’s Viola Ventures, among others. Viola Group also […]

North Bay Credit Union, the oldest credit union in Sonoma County, California, has partnered with Indiana-based software vendor Sharetec to deploy its Velocity web-based core banking solution. Sharetec says the credit union selected its tech after evaluating “half a dozen alternatives”. Speaking on the partnership, Chris Call, North Bay’s CEO, says the firm “liked Sharetec’s […]

US-based web3 and blockchain technology company Consensys has hired Dan Odell as its new chief financial officer (CFO). Odell has been tasked with overseeing “all financial operations” at Consensys, including its accounting, tax, treasury, strategic finance and investor relations functions. He takes the reins from head of strategic finance John Chard, who has held the […]

New York-based fintech Setpoint has secured a $31 million Series B funding round led by venture capital firm 645 Ventures. The round also saw additional participation from Andreessen Horowitz, NextView Ventures, Citi, Vesta Ventures, Fifth Wall, Eltura Ventures, Floating Point, Outrunner Capital, Wells Fargo, and more. The latest capital infusion builds on Setpoint’s $43 million […]

Broadridge Financial Solutions, a US fintech offering investor communications and technology solutions to FIs, has hired Simon Robertshaw as CTO of its front office trading capabilities division. Taking to LinkedIn to announce his appointment, Robertshaw says he will “bring together and evolve all front-office trading capabilities across the organisation, inclusive of Broadridge Trading and Connectivity […]

Pennsylvania-based Customers Bancorp, the parent company of Customers Bank, has been hit with an enforcement action by the US Federal Reserve, with the regulator alleging it “identified significant deficiencies” concerning the bank’s “risk management practices and compliance with the applicable laws, rules, and regulations relating to anti-money laundering (AML)”. The central bank says that Customers […]