Banking
Kenya’s Diamond Trust Bank taps Network International for digital payment solutions
Summary of Diamond Trust Bank (DTB) and Network International Partnership
Entities: Diamond Trust Bank (DTB, Kenya) and Network International (digital payments company serving MEA region)
Key...
Banking
Meridien Holdings acquires stake in FX liquidity firm DKK Partners to bolster plans for NYSE listing
Meridien Acquires 27% Stake in DKK PartnersAcquisition Details:Acquirer: US-based holding company Meridien
Stake Acquired: 27% of DKK Partners
Transaction: In exchange for...
AI
ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more
ICYMI Funding Round-Up: Latest Fintech Funding NewsDopayAmount Raised: $13.5 million Series A extension.
Lead Investor: Argentem Creek Partners.
Purpose: Expansion in Egypt,...
Banking
India’s Auxilo Finserve raises $33m to further support student community
Summary of Auxilo Finserve's $33 Million Funding RoundFunding Details:Total Raised: $33 million.
Major Contributor: LeapFrog Investments provided $30 million in guaranteed capital.
...
Banking
Digital challenger Inter promotes SVP Alexandre Riccio to Brazil CEO
Summary of Inter's Leadership Changes and StrategyLeadership Appointment:New CEO: Alexandre Riccio appointed as CEO for Brazil.
Focus Shift: Current group head Joao...
Banking
Mexican fintech start-up OCN lands $86m Series A funding round to drive international expansion
Summary of OCN Securing $86 Million Series A FundingCompany: OCN (formerly OneCarNow), a Mexican fintech start-up.
Funding Details:Total amount: $86 million.
Components:...
Banking
TBC Bank Uzbekistan lands $38.2m equity investment
Funding:TBC Bank Uzbekistan (TBC UZ) secured a $38.2 million equity investment from stakeholders.
TBC Bank Group, the parent company, is contributing $23...
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