Banking
Solaris to “discontinue major parts” of EMI business
Solaris Discontinues Major EMI Operations: German embedded finance platform Solaris announced it will discontinue significant parts of its Electronic Money Institution (EMI) business,...
Banking
Payments infrastructure start-up Kevin reportedly declared insolvent by court in Lithuania
The Vilnius District Court in Lithuania has declared the payments infrastructure start-up Kevin insolvent.
A bankruptcy case has been opened, with IS Group...
Banking
Saldo Bank taps Enfuce to launch its first payment card programme
Partnership: Saldo Bank, based in Vilnius, Lithuania, has partnered with Enfuce, a Finnish issuer processor, to launch its first payment card programme.
Card...
AI
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more
ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing.
Funds will be used for strategic acquisitions and tech infrastructure...
Banking
Lithuania’s Finbee Verslui lands €35m investment from Pollen Street Capital
Key Points:Investment Details:Finbee Verslui has secured a €35 million investment from UK private capital asset manager Pollen Street Capital.
Headquartered in Vilnius,...
Banking
FreeBnk partners E Money Network to issue blockchain-based IBANs
FreeBnk Partners with E Money Network: Key PointsPartnership Overview:UK-based fintech FreeBnk collaborates with E Money Network, a MiCA-compliant blockchain, to issue international...
AI
ICYMI fintech funding round-up: Mimo, TransferGo, Smartpay, Adro and more
Mimo:Raised £15.5 million led by Northzone.
Plans to expand its financial management platform for SMBs.Pactio:Secured $14 million in Series A...
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