First Bancorp to acquire GrandSouth for $181.1m
First Bancorp has signed a definitive merger agreement to acquire South Carolina-based bank holding company GrandSouth Bancorporation. The all-stock deal…
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HSBC Oman to hold talks for potential merger with local rival
HSBC Bank Oman is set to hold initial talks with local rival Sohar International Bank to discuss a potential merger.…
Swedish savings platform Lysa secures funding from SEB Venture Capital
SEB Venture Capital, the venture capital arm of the Swedish bank SEB, has invested SEK100m ($9.8m) investment in Swedish automated…
Société Générale invests in embedded finance platform Lemonero
Lemonero, an AI-powered embedded finance platform, has secured approximately €12m in funding from Komerční banka. Prague-based Lemonero will use the…
Russian central bank in talks with VTB to sell Otkritie
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict Russia’s central…
Narmi raises $35m to develop digital banking technology
Financial technology company Narmi has raised $35m in a Series B funding round to accelerate digital transformation of financial institutions…
Airbank raises $20m for SME finance management platform
Airbank, an all-in-one finance management platform for small businesses, has raised $20m in its Series A funding round. Molten Ventures led the…
Challenger SME lender Allica Bank raises £55m in debt and equity round
UK-based Allica Bank has secured £55m in additional funding to offer banking services to small and medium-sized businesses (SMEs). The investment comprises…