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...
Payments
MoneyGram names Seth Ross as new chief digital officer
MoneyGram has appointed Seth Ross as its new Chief Digital Officer to oversee the company's digital strategy and direct-to-consumer business.
FactsSeth Ross has been...
Business
Finaro taps MultiPay to boost payment acceptance in Nordics and UK
Global cross-border payment provider Finaro has teamed up with paytech firm MultiPay to offer a unified payment acceptance solution for merchants in the Nordics...
Payments
Cross-border paytech PingPong Payments nabs UK EMI licence
PingPong Payments, a US-based cross-border payments firm, has obtained an Electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA), allowing it...
AI
Home management data platform AskHomey acquired and set to shutter
Home management data platform AskHomey has been acquired by a private investor who plans to shut down the UK app by the end of...
Banking
UK regtech GSS names Ruth Fletcher as joint COO and CFO
Regtech firm Global Screening Services (GSS) has named Ruth Fletcher as its joint COO and CFO. Fletcher will play a crucial role in the...
Banking
UAE’s Mbank partners Dgpays for digital wallet offering
UAE-based digital bank Mbank has partnered with Turkish B2B fintech Dgpays Group to launch a digital wallet designed to offer businesses and freelancers the...
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