Banking
Bulgaria’s Paynetics acquires UK neobank Novus
Bulgaria-based embedded finance firm Paynetics has acquired Novus, a B-Corp-certified digital bank in the UK.
Novus, founded in 2020, is an "impact neobank"...
Banking
Twig enters liquidation, becoming latest UK fintech to shut down
UK circular economy fintech Twig, which secured $35 million in a Series A financing round two years ago, is entering liquidation.
Insolve Plus...
Banking
OakNorth names Lord Adair Turner as new chairman
OakNorth appoints Lord Adair Turner as new chairman
Plans to leverage Turner's extensive track record in financial services for board strength and growth
...
AI
Canapi Ventures reveals new $750m fund to support US fintech entrepreneurs
Canapi Ventures, a US-based VC firm backed by 70 American financial institutions, raises $750 million in its latest fund, bringing total assets under...
Banking
IDB Invest and IFC team up to launch the Amazon Finance Network
Amazon Finance Network Launch:IDB Invest and IFC collaborate to launch the Amazon Finance Network.
Announcement made at COP28 in the UAE.Network...
Banking
Mashreq taps Visa and Ecolytiq to launch climate banking platform
Mashreq's Climate Banking Platform Launch:Developed in collaboration with Visa and climate engagement fintech Ecolytiq.
Utilizes transaction data for personalized carbon footprint analytics.
...
Banking
Fils launches as digital ESG infrastructure for payments sector
Fils, a new venture by MFTA chairman Nameer Khan, is launching ahead of COP28.
With offices in Dubai and London, Fils is an...
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