Partech Raises $262M to Invest in African Tech Companies
The venture capital company Partech has closed its second African fund worth $262 million.
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BNPL Firm Openpay Falls Into Receivership
The Australian operator BNPL Openpay declared bankruptcy a few days after reports of a record quarterly profit.
Wink Secures $3 Million Seed Investment
Wink, a US-based biometric identification and payments platform, has reported receiving an additional initial investment of $3 million.
BBVA Ports Its Investment Banking Operations to Amazon Web Services
Spanish financial group BBVA transfers its complex investment banking operations to Amazon Web Services (AWS).
TSB Pilots Banking Pods
The British commercial bank TSB established cooperation with the Note Machine company in order to create banking pods instead of traditional local branches.
BNPL Firm Zilch Forms Partnership With StepChange
BNPL company Zilch, which is based in London, has reached an agreement on cooperation with a charitable organization StepChange, which specializes in providing consulting services on issues related to debt management.
Binance Tax Launched to Help Crypto Users Calculate Trading Gains
Binance Tax will assist users to understand their crypto tax liabilities at no extra cost.
Fintiv and Geoswift Collaborate on Digital Money Transfers to Asia
Fintiv and Geoswift have established a cooperation to enable cross-border money transfers to Asia.
Airbnb to Requiring Guests to Verify Their IDs
Airbnb will soon introduce a mandatory identity verification procedure for its customers before making a deal.
FCA Takes Action Against Fraudulent Promotions
Over the past year, the British Financial Conduct Authority (FCA) has decided to block more than 8 thousand advertisements and marketing campaigns that somehow mislead consumers.
Silvergate’s FTX and Alameda Research Dealings Face Fraud Investigation
In the United States, the prosecutors of the Ministry of Justice, who specialize in investigating cases related to fraud, have begun to study the details of the conclusion of transactions of the crypto bank Silvergate with the FTX crypto exchange and the Alameda Research company.
INVEX Banco Launches Mexico-Based Neobank Now
INVEX Banco, a private Mexican bank with almost 30 years of operations in the market, has introduced the fully-digital neobank – Now
Indonesia Delays Launch of National “Crypto Stock” Exchange
Indonesian government delays launch of the controversial “crypto stock” exchange until risks are properly mitigated.
Mizuho Bank Implements Oracle Banking Tech
Mizuho Bank, Ltd., an integrated retail and corporate banking division of Mizuho Financial Group and one of the largest financial institutions in Japan, is upgrading its banking system for international transactions with Oracle.
Zopa Bank Raises £75 Million
Zopa Bank has announced the receipt of financing in the amount of 75 million pounds for the implementation of the next stage of expansion of the scale of activities in the UK market.
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