Intellect Design Arena to help Canadian Western Bank boost payment service technology
(adsbygoogle = window.adsbygoogle || []).push({}); Intellect Design Arena said that its transaction banking unit – Intellect Global Transaction Banking (iGTB) has been selected by Canadian Western More...
Infibeam Avenues to make further investment in fintech firm RemitGuru
Infibeam Avenues Limited said that its board has given a green signal for making further investment in Avenues Payments India Private Limited, the owner of RemitGuru, an online remittance service provider. The investment More...
Larsen & Toubro Infotech to deploy digital banking platform for Hoist Finance
Larsen & Toubro Infotech (LTI) said that its digital banking platform will be deployed by Swedish financial services company Hoist Finance. According to the Indian technology consulting and digital solutions More...
Nucleus Software deploys FinnOne Neo solution for Bank of Sydney
Nucleus Software, an Indian lending and transaction banking software provider, said that Bank of Sydney has selected FinnOne Neo, the former’s flagship lending solution for expediting its digital lending transformation More...
Pine Labs raises $285m in new funding round for merchant commerce platform
Pine Labs, an Indian merchant commerce platform company, has raised $285 million in a new financing round at a valuation of over $3 billion. The new funding round saw the participation of Baron Capital Group, Marshall More...
Guru Capital to acquire British fintech company Oval Money
Swiss private equity firm Guru Capital has agreed to acquire substantially all the assets of Oval Money, a UK-based fintech company, for an undisclosed price. Guru Capital said that it will integrate Oval Money More...
Zensar to develop next-gen wealth management platform for Infinity Circle
Zensar Technologies, a subsidiary of RPG Group, has been selected by UK-based fintech company Infinity Circle for end-to-end development of the latter’s next-gen wealth management platform. Infinity Circle is More...
EBRD, Goldman Sachs to invest in Turkish fintech company DgPays
The European Bank for Reconstruction and Development (EBRD) and Goldman Sachs are jointly investing in Turkish fintech company – DgPays, as per an announcement made in March 2021. The transaction is subject to More...
Indian fintech company Dhanvarsha Finvest raises $8.8m in funding round
Dhanvarsha Finvest, an Indian fintech company, has secured a capital infusion of INR658.3 million ($8.8 million) led by Aviator Emerging Market Fund (AEMF). International investors such as Porter Collins and Vincent More...
Airtel Africa secures $100m investment from Mastercard for mobile money business
Airtel Africa has secured an investment of $100 million for its mobile money business – Airtel Mobile Commerce (AMC BV) from Mastercard in return for a minority stake. Currently, Airtel Mobile Commerce is More...