Monday, December 16, 2024

Tag: Consumer/Personal Finance

Offa Expands with Acquisition of UK Islamic Home Finance Portfolio

Offa, a UK-based Sharia-compliant fintech specializing in property finance, has acquired the Bank of Ireland’s Alburaq Islamic home...

Klarna IPO, New York Stock Exchange, fintech news, Klarna valuation, BNPL IPO

Swedish buy now, pay later (BNPL) leader Klarna has officially announced its decision to pursue its initial public...

Agicap Secures €45 Million in Series C Funding to Expand Treasury Management Services

France-based fintech Agicap has raised €45 million in a Series C funding round, led by AXA Venture Partners,...

Bumper Acquires AutoBI to Strengthen UK Automotive Payment Platform

Bumper, a UK-based platform specializing in vehicle payment solutions, has acquired AutoBI, a company that provides business intelligence...

Africa’s “fastest-growing fintech” Moniepoint secures $110m Series C funding

Funding Round: Moniepoint raised $110 million in a Series C round led by ADP III, with participation from...

New digital wallet Kuady launches in several LatAm markets powered by Mambu

Launch: Open Payment Technologies has launched Kuady, a digital wallet app, in Peru, Chile, Argentina, and Mexico, aimed...

CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”

Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90...

Moneybox’s valuation climbs to £550m with new £70m investment

Moneybox Funding: UK-based Moneybox secures £70 million, raising its valuation to £550 million, an 84% increase from 2022. ...

TransUnion appoints HSBC’s Madhusudan Kejriwal as new CEO for UK and Europe

New CEO Appointment: Madhusudan Kejriwal will become TransUnion’s CEO for the UK and Europe starting January 2, 2025. ...

Moneybox’s valuation climbs to £550m with new £70m investment

Funding Secured: Moneybox raised around £70 million, boosting its valuation to £550 million, an 84% increase since 2022. ...

Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal

Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of...

Morocco’s CIH Bank taps Backbase for Engagement Banking platform

CIH Bank, based in Morocco, has partnered with Dutch digital banking provider Backbase to support its digital transformation. ...