Nymbus completes series D funding round, raises $70m
US-based fintech has completed its Series D funding round of $70m, made up of new and repeat investors. This round…
24 May 2023
Episode Six announces $48m Series C financing
Episode Six has raised $48m in a Series C funding round led by Avenir, a growth stage investment firm focused on tech-enabled companies. The round also included additional participation by…
23 May 2023
Tyme raises $77.8m to fuel global expansion in pre-Series C capital raise
Tyme Bank, one of the fastest growing digital banking groups, has reported a successful pre-Series C capital raise. The group’s South African flagship, TymeBank, celebrated its 7 million customer milestone…
22 May 2023
BankDhofar reveals details of proposed merger with Ahlibank
BankDhofar, Oman's second-largest bank, has revised its proposed offer to acquire Ahli Bank. If successful, the merged lender would have assets of around $20bn. BankDhofar’s original offer, submitted on 26…
15 May 2023
South African fintech e4 acquired by consortium led by Infinite Partners
South African fintech e4 is being acquired by a consortium of private equity investors. The ZAR1bn ($52.5m) acquisition is led by independent private equity fund manager Infinite Partners. According to…
11 May 2023
Grupo Mexico closes in on $7bn deal for Citi’s Banamex unit
Citi’s drive to reduce retail banking operations across global markets is gathering pace with a sale of Banamex reportedly imminent. Citi put Banamex on the block for disposal in early…
09 May 2023
Swissquote deploys NetGuardians AI-based tools to fight financial crime
Swissquote has selected NetGuardians as their IT partner to fight financial crime. Specifically, NetGuardians will enhance the bank’s fraud mitigation to ensure compliance with AML requirements. The NetGuardians AI-based financial…