Funding
Nigerian paytech Nomba raises $30m in pre-Series B round
Nigeria-based payment services provider Nomba has raised $30m in a pre-Series B funding round led by Base10 Partners. The firm plans to expand its...
Business
UK fintech Revolut marks Latin America debut with Brazil launch
Revolut, a UK-based fintech firm, has launched in Brazil, marking its first venture into Latin America. The company will offer customers a multi-currency account,...
Banking
Tarabut Gateway lands $32m in Series A funding
Dubai-based Tarabut Gateway, the first and largest open banking platform in the Middle East and North Africa (MENA), has raised $32m in a Series...
Banking
Deutsche Bank acquires Numis in £410m deal to build out UK investment banking arm
Deutsche Bank is set to acquire UK independent investment bank Numis in an all-cash deal worth £410m, as it aims to build out its...
Funding
Algorithmic currency system Array raises $10m
Algorithmic currency system, Array, has secured a $10 million investment from Temasek Family in its second round of funding, valuing the company at over...
Funding
South Korea’s Kakao Pay eyes majority stake in Siebert
South Korean fintech Kakao Pay has acquired a 19.9% stake in US-based financial services firm Siebert Financial Corp for approximately $17 million, with plans...
Funding
IOUpay goes into voluntary administration over suspected fraud
IOUpay, a Southeast Asian fintech company, has placed its parent company into voluntary administration with PwC Australia due to a significant fraud discovery. The...
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