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Digital banking tech provider Backbase acquires wealthtech Nucoro

Digital banking tech provider Backbase has acquired UK-based digital wealth platform Nucoro for an undisclosed amount. Backbase plans to integrate Nucoro's offerings into its...

New CEO of Pipe builds “fintech dream team”

Pipe, a US-based capital platform, has recently appointed a new CEO, Luke Voiles, who has built a "fintech dream team" to bolster the company's...

HSBC unveils AI Markets for institutional investors and corporates

HSBC has launched AI Markets, a digital services offering that leverages natural language processing (NLP) to provide information, analytics, pricing, execution, and digital workflows...

UK fintech Revolut marks Latin America debut with Brazil launch

Revolut, a UK-based fintech firm, has launched in Brazil, marking its first venture into Latin America. The company will offer customers a multi-currency account,...

Deutsche Bank acquires Numis in £410m deal to build out UK investment banking arm

Deutsche Bank is set to acquire UK independent investment bank Numis in an all-cash deal worth £410m, as it aims to build out its...

Algorithmic currency system Array raises $10m

Algorithmic currency system, Array, has secured a $10 million investment from Temasek Family in its second round of funding, valuing the company at over...

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...

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