Indian fintech start-up Progcap secures $25m in Series B
Indian fintech start-up Progcap, which offers financing solutions to businesses, has raised $25m in equity capital. The funding was raised as part of a Series B round led by Tiger…
Deal News
BOQ secures key approval for $1.05bn ME Bank acquisition
Bank of Queensland (BOQ) has secured a key approval for its previously announced acquisition of…
HSBC signs MoU to sell French retail banking business
HSBC is set to sell its French retail banking business to Cerberus Capital Management-backed My Money Group. The move comes…
BaaS start-up Unit secures $51m in Series B
Banking-as-a-service (BaaS) start-up Unit has secured $51m in Series B funding round led by Accel. The company’s existing investors Better…
Digital lending platform Splash Financial raises $44.3m
US-based digital lending platform Splash Financial has secured $44.3m in a Series B funding round. Partners of DST Global, Citi…
UK fintech 10x Future Technologies secures $187m Series C boost
London-based fintech firm 10x Future Technologies has raised $187m in a Series C round to support its international expansion plans.…
Mexican lending platform Credijusto acquires Banco Finterra
Mexican SME lending platform Credijusto has acquired local lender Banco Finterrato for an undisclosed sum. Based in Mexico City, Banco Finterrato focuses on providing financing solutions to small businesses and…
Indian fintech start-up FamPay secures $38m funding
Indian fintech start-up FamPay has raised $38m in its Series A funding round led by Elevation Capital. The company’s existing backer Sequoia Capital India and other early investors Venture Highway,…
Cornerstone Home Lending agrees to buy The Roscoe State Bank
Cornerstone Home Lending has entered a definitive agreement to acquire The Roscoe State Bank, a community bank in Texas, US. The family-owned companies will together have about $2bn in assets…
Norway’s DNB Bank to acquire 90.9% stake in Sbanken
Norwegian lender DNB Bank is set to acquire around 90.9% stake in domestic rival Sbanken. The move comes after Sbanken shareholders accepted an improved voluntary offer from DNB Bank. Previously,…
Republic Bank of Arizona announces formation of bank holding company
Republic Bank of Arizona has announced the formation of a bank holding company following shareholder and regulatory approval. The lender will now operate as a wholly-owned subsidiary of RBAZ Bancorp.…
© Copyright Verdict Media Limited 2021
Powered by 