Banking
Climate fintech start-up Cloover secures $114m in seed funding round
Company: Cloover, a Berlin-based climate fintech.
Funding: Raised $114 million in seed funding (combination of debt and equity).
Investors:Led by Lowercarbon Capital.
...
Banking
South African fintech Lesaka snaps up Adumo in $86m deal
Acquisition Details:Lesaka Technologies, a South African fintech firm, has signed a definitive agreement to acquire fellow South Africa-based paytech Adumo.
The deal...
Banking
ABN Amro partners Dutch paytech Buckaroo for merchant payment services
Dutch bank ABN Amro has chosen Buckaroo to provide online and point-of-sale merchant payment services for its retail business clients.
Buckaroo will take...
Banking
Jack Dorsey’s Block lays off staff across Cash App, Square and foundational teams
Block, a San Francisco-based payment solutions specialist, is implementing job cuts across its Cash App, Square, and foundational teams.
Block CEO Jack Dorsey...
Banking
ICYMI fintech funding round-up: Prometeo, Zeal, Detected and Finbridge Global
Prometeo's $13M Series A Funding:Uruguay-based start-up Prometeo secures $13 million in a Series A funding round led by Antler Elevate.
New investors...
AI
Southeast Asian fintech Salmon acquires controlling stake in Filipino bank
Salmon's Regulatory Approval:Consumer fintech start-up Salmon has received regulatory approval to acquire a controlling stake in the Rural Bank of Sta. Rosa...
AI
Dutch neobank Bunq launches self-built GenAI platform for customers
Bunq's New GenAI Platform: FinnDutch neobank Bunq, the second largest in Europe, unveils GenAI platform called Finn.
Finn replaces the app's search...
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