Spain’s Caixabank mulling stake divesture in Erste Bank
Spanish lender Caixabank has revealed that it is considering a potential divestment of all or part of its 9.92% stake in Erste Bank. Caixabank owns a 5.42% unhedged stake in…
Deals
Ando secures seed funding to offer sustainable banking
Ando, a US-based sustainable banking provider, has raised $6m in a seed funding round led…
Financial fraud-fighting start-up Resistant AI raises $16.6m
Resistant AI, a start-up that develops technologies to combat financial fraud, has raised $16.6m in a Series A funding round.…
b1BANK’s parent Business First to acquire Texas Citizens Bank
Business First Bancshares has signed a definitive agreement to acquire Texas Citizens Bancorp and its wholly-owned bank subsidiary Texas Citizens…
DBS, Standard Chartered in race to buy Citigroup’s Asian operations
DBS Group and Standard Chartered are reportedly among the banks looking to acquire the retail banking assets of Citigroup in…
Neo banking startup Fi in talks to raise $50m at $200m valuation
Indian neo banking startup Fi is reportedly in talks to raise nearly $50m at a valuation of approximately $200m. Fi…
Fintech Galaxy secures seed funding for open finance platform in MENA
UAE-based open finance platform Fintech Galaxy has secured $2m in the seed funding round led by Jordan's Ahli Fintech. The round also saw participation from Raz Holding Group, OMQ Investments,…
Brazilian fintech Pismo secures $108m for global expansion
Brazilian banking and payment platform Pismo has raised $108m in its Series B funding round to enable cloud-native financial services globally. The round was jointly led by SoftBank Latin America…
Online bank N26 secures $900m funding at $9bn valuation
German online lender N26 has raised $900m in a Series E funding round at a valuation of more than $9bn. The round was co-led by tech investors Third Point Ventures…
British digital bank Zopa raises $303m to expand business
British digital bank Zopa has secured $303m (£220m) in the latest fundraising led by Softbank Vision Fund 2. Several other existing investors including Silverstripe, Northzone and Augmentum also participated in…
Plum secures $14m in funding for European expansion
UK-based fintech startup Plum has raised nearly $14m (£10m) in latest funding round, which was co-led by Ventura Capital and dmg ventures. The funding round, which is part of an…
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