ICICI Prudential AMC gets clearance to buy up to 9.95% of four lenders
ICICI Prudential Asset Management Company (AMC) has secured approval from the Reserve Bank of India to purchase an aggregate holding…
11 Sep 2026
Nu enters US with savings account and stablecoin-backed transfers
Digital bank Nu has begun operations in the US, introducing a range of financial products focused on day-to-day banking. At the same time, the company launched Nu Global, a multi-currency…
10 Sep 2026
India’s NPCI, HDFC tie up to launch sovereign AI retail banking model
The National Payments Corporation of India (NPCI) has introduced Finance Model for India (FiMi) Banking, presenting it as a “sovereign compact model” for retail banking applications in India. Alongside the…
10 Sep 2026
Kapital raises $125m for AI development
Kapital has obtained $125m in fresh funding from Tru Arrow Partners and Fasanara Capital, with participation from Cervin Ventures, Niya Partners and Overlook Capital. The funds will go towards further development…
09 Sep 2026
John Marshall agrees $253m all-stock merger with Eagle Financial
Virginia’s John Marshall Bancorp has entered a deal to merge with local peer Eagle Financial Services, the parent of Bank of Clarke, in an all-share deal worth about $253m. Based…
09 Sep 2026
Chime to buy Stride Bank in $590m deal
Fintech firm Chime has signed a deal to acquire compatriot Stride Bank for $590m in cash. Completion of the deal is targeted for the first half of 2027. Stride, a nationally…
08 Sep 2026
Blackstone explores stake in India’s IIFL Finance – report
Blackstone is discussing a possible investment in IIFL Finance, joining other international investors examining the Indian non-bank lender, while Fairfax Financial Holdings is considering selling its entire stake in the…