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. The round was led by GV (formerly Google Ventures). Several…
Strategy
Handelsbanken to retreat from Denmark and Finland markets
Swedish lender Handelsbanken has decided to exit its operations in Denmark and Finland as part…
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…
Pakistan’s Telenor Microfinance Bank goes live on Temenos platform
Pakistan’s Telenor Microfinance Bank has gone live on Temenos Transact core-banking platform. Local technical service NdcTech will power the lender’s…
Indian neo-banking platform Open raises $100m to drive expansion
India based neo-banking platform Open has raised $100m in a Series C round to drive its expansion across new markets…
Japan’s Shinsei Bank plans to formally oppose SBI takeover bid
Japan’s Shinsei Bank is reportedly set to oppose a takeover bid by SBI Holdings, forcing the latter into what is…
China’s Ant Group boosts capital base to $5.4bn to overhaul business
Jack Ma’s Ant Group has reportedly increased its capital base to $5.4 bn (RMB 35bn) from RMB23.8bn as part of a restructuring process. The development comes a year after regulators…
12th annual RBI Asia Trailblazer Annual Awards 2021: winners revealed
I am delighted to announce the 2021 RBI Asia Trailblazers Awards winners! The 12th annual RBI Asia Trailblazer annual awards attracted over 300 entries from 25 countries. It represents one…
NatWest acquires kids’ allowance app RoosterMoney
NatWest has announced that it has acquired RoosterMoney, a London-based fintech that provides a pocket money app for kids. The move is aligned with the lender’s plans to help families…
Debt marketplace CredAvenue closes $90m Series A funding round
India-based debt marketplace and Vivriti Capital Private Limited (VCPL)-subsidiary CredAvenue has closed a $90m Series A equity funding round. Several investors participated in the funding round including Sequoia Growth Investments,…
Santander announces cash dividend and share buyback worth $2bn
Spanish lender Banco Santander has announced plans to make an interim distribution from 2021 earnings worth nearly €1.7bn ($2bn). The shareholder remuneration will be made through a cash dividend of…
© Copyright Verdict Media Limited 2021
Powered by 