Banking
UniCredit set to acquire Aion Bank and BaaS provider Vodeno for €370 million
Key Points:Acquisition Agreement:UniCredit has signed a binding agreement to acquire Aion Bank and Vodeno for approximately €370 million.Strategic Benefits:The acquisition...
Banking
FCA lifts partner onboarding restrictions on UK fintech Modulr
Key Points:Lifted Restrictions:The FCA has lifted the temporary partner onboarding restrictions imposed on Modulr last October.Original Order:Modulr was ordered to...
Banking
US FDIC issues consent order to Thread Bank
FDIC Issues Consent Order to Thread Bank: Key PointsConsent Order Issuance:The US Federal Deposit Insurance Corporation (FDIC) has issued a consent order...
Banking
Starling Bank reports 50% revenue rise in third year of profitability
Starling Bank Reports Third Year of Profitability
Key Financial Highlights:Pre-Tax Profits: Increased by 54.7% to £301.1 million.
Revenue: Rose by 50.6% to £682.2 million.
...
Banking
Business banking start-up GoDutch launches in the Netherlands
GoDutch Launch:Amsterdam-based business banking start-up GoDutch launched this week.
Aims to redefine "fair banking" by sharing up to 70% of its income...
AI
XYB announces Derek Joyce as new CEO ahead of Monese split
New CEO Announcement:XYB appoints Derek Joyce as CEO.
Joyce has over 20 years of fintech leadership experience, including roles at Bread Financial,...
Banking
Alisa Bank snaps up invoice financing fintech Puro Finance to bolster SME services
Merger Details:Alisa Bank in Finland is set to acquire invoice financing fintech Puro Finance through a share exchange.
The acquisition will result...
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