KOHO lands C$130m as it seeks banking licence
Canadian fintech firm KOHO has secured C$130m ($92.9m) in fresh funding as it moves forward with efforts to obtain a…
Canadian fintech firm KOHO has secured C$130m ($92.9m) in fresh funding as it moves forward with efforts to obtain a…
Commerzbank has again questioned whether the growing number of shares tendered into UniCredit’s bid can be taken as a sign of broad investor backing. The German bank highlighted shareholder structure data, which…
Banco do Brasil has been awarded Model Bank of the Year, Celent’s most prestigious award, at the annual Celent Model Bank Awards.The bank is recognised for its exceptional implementation of…
DBS Bank is launching a tokenised physical gold offering, allowing customers to digitally access, hold, and trade the precious metal through a single platform. The offering is scheduled to debut…
Belgium’s government is reportedly set to dispose of a 20% holding in retail lender Belfius through a private placement. Finance Minister Jan Jambon confirmed the development before a parliamentary committee, with the offering valued at around €2bn ($2.3bn), reported Reuters. "An…
Federal prosecutors in Washington have issued subpoenas to several US banking majors, including JPMorgan, Bank of America and Wells Fargo, seeking records tied to claims that customers were denied banking…
ING has launched a global subscription-based retail banking model across its nine consumer markets, encompassing 41 million customers. The subscription rollout applies to Netherlands, Belgium, Germany, Spain, Italy, Australia, Poland, Romania and Türkiye. The structure consists of four plans: ING…