US-based Ncontracts, a risk, vendor, and compliance management software provider, has acquired Quantivate, a governance, risk, and compliance (GRC) solutions provider for banks and credit […]
Month: December 2023
Credit Karma co-founder Nichole Mustard leaves. Boosting fintech news globally
In a significant blow to US consumer fintech Credit Karma, co-founder and chief revenue officer Nichole Mustard has reportedly left the company. Mustard, who was […]
Reshaping finance: Huawei Cloud & Pangu AI leading the way.
Key Points: Huawei Cloud is collaborating with the finance industry to transform it through the use of AI model Pangu and cloud-based solutions. Cloud adoption […]
Visa makes big move in Mexico with Prosa acquisition.
Visa has agreed to acquire a majority stake in Mexican payment processor Prosa. The deal, for an undisclosed sum, is expected to close in the […]
UK’s PSR suggests capping cross-border interchange fees for FinTech success.
The UK’s Payment Systems Regulator (PSR) has proposed a new cap on cross-border interchange fees in an effort to protect UK businesses from overpaying when […]
7RCC’s Bitcoin ETF: Innovation + Carbon Credits = Game Changer!
7RCC, a crypto asset management firm, has launched an innovative Bitcoin exchange-traded fund (ETF) that incorporates a carbon credit component. The firm aims to attract […]
Tamara’s BNPL FinTech secures $340m in Series C at $1bn!
Tamara, a Saudi Arabia-based FinTech platform, has raised $340 million in a Series C funding round, valuing the company at $1 billion. The funding round […]
Mexico’s RUUT and Alpaca: Empowering Fintech for Rookie Investors.
Mexican financial technology (fintech) companies RUUT and Alpaca are partnering to provide accessible and user-friendly wealth generation tools for new investors in Mexico. The partnership […]
SEC sues to halt stunning Nigerian fintech fraud!
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against the alleged mastermind behind a “staggering” fintech fraud in Nigeria. The scam involved […]