Ophelos secures seed funding for debt resolution platform
UK-based debt resolution technology firm Ophelos has secured £5m in a seed funding round led by AlbionVC. AlbionVC was joined…
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Document intelligence fintech Claira secures investment from Citi
Document intelligence technology firm Claira secured a strategic investment from Citi Spread Products Investment Technologies (SPRINT), the investing arm of the bank’s…
Italy’s UniCredit partners with bad loan specialist Prelios
Italian banking group UniCredit has reached an agreement with bad loan specialist Prelios for the specialised management of unlikely-to pay (UTP) loans.…
Indian government looking to divest entire stake in two banks to lure investors
Indian authorities are open to divesting entire stake in the two government-backed banks that are slated to be privatised. The…
StellarFi launches new product to help people build credit rating
US-based public benefit corporation StellarFi has launched a new credit building product to help customers build credit rating by paying…
Dubai International Financial Centre taps Tarabut Gateway for Open Finance Lab
Dubai International Financial Centre (DIFC) has selected Tarabut Gateway as the technical platform partner for its new Open Finance Lab. DIFC’s Open…
Santander hires investment banks to bid for Citi’s Mexican retail business
Spanish banking group Santander has hired two investment banks as it looks to bid for the Mexican retail banking arm…
Australian neobank Volt to close business, return deposits and licence
Australian neobank Volt Bank has announced plans to close its deposit-taking business, return all deposits to customers and hand back its banking…