United Fintech, a neutral Digital Transformation Platform that connects global financial institutions and cutting-edge technology providers, has secured strategic investments from Citi and BNP Paribas, two of the world’s leading banks. The deal, led by Citi, gives the banks rotating board seats and access to quarterly industry roundtables hosted by United Fintech, where they can…
SYDNEY, AUSTRALIA: Victor Group Holdings Ltd (ASX: VIG), a leading provider of cloud-based education solutions in China, has announced its strategic investment in LIT Technology Pty Ltd, an innovative fintech company with a strong presence in Vietnam. The deal, valued at AUD2,000,000.00, will be completed through the issuance of 80,000,000 shares at an issues price…
Citi has invested in Exponential Markets, a fintech startup that is developing tradable financial instruments for new and underserved markets, such as the automotive sector. Exponential Markets, formerly branded Exponential Exchange, announced a strategic investment from Citi through its Markets Strategic Investments unit. The investment was part of Exponential’s seed round, which raised over $10…
Revolut, a British fintech company that offers banking and payment services, has launched a new service for travelers in the U.K. that allows them to use phone plans with eSIMs, or virtual SIM cards. The plans, which are available to Revolut’s Ultra subscribers, give users 3GB of data per month to use in over 200…
LONDON, UK: Ashington Innovation plc, a special purpose acquisition company (“SPAC”) aiming to benefit from favourable price conditions for companies in the financial services technology (fintech) and deep technology (deep tech) sectors, has announced the results of its initial public offering and standard listing on the Main Market of the London Stock Exchange (“the Offering”)….
If you are an investor, you may have heard of artificial intelligence (AI) and how it is transforming the financial services industry. But what exactly is AI and how is it changing the way investors manage their money? AI is a branch of computer science that aims to create machines and systems that can perform…
For decades, the process of sending money across borders has been plagued by high costs, slow processing times, and a lack of transparency. Traditional financial networks, while reliable, were built for a different era. Enter Ripple, a technology company that aims to overhaul this system using blockchain technology to create a faster, cheaper, and more…
LONDON, UK: Mode Global Holdings (LSE: MODE), the LSE-listed Fintech Group, announced the appointment of Rita Liu as Chief Executive Officer (CEO) with immediate effect. For over a decade Rita Liu has held leadership roles at fintech giant Alipay in Asia, the US, Canada and was CEO in the UK before joining the Mode board…
STAVANGER, NORWAY: Huddlestock Fintech AS has won mandate with Danish fintech company Lunar. Huddlestock’s leading professional services team in Denmark will help Lunar create interactive customer experience guides for its private client investment offering, Lunar Invest. Huddlestock’s teams will create and conceptualize both physical and virtual corporate action guides for Lunar Invest. The multi-dimensional delivery,…
LONDON, UK: Mode Global Holdings, the LSE-listed Fintech Group announced that Ryan Moore has resigned his position as CEO and director of Mode, with effect from close of business on 18 January 2022. Jonathan Rowland will take over Ryan’s day-to-day duties in the role of Executive Chairman. Jonathan Rowland, Executive Chairman of the Company, said:…
SYDNEY, AUSTRALIA: Novatti Group Limited, a leading fintech that enables businesses to pay and be paid, is will acquire ATX Fintech Holding, a leading South East Asian payments fintech, based in Malaysia. Novatti will acquire all of the issued share capital of ATX Fintech Holding Sdn Bhd, the Malaysian parent company of the ATX group,…
LONDON, UK: GSTechnologies Limited, the fintech and information technology solutions company, announced the appointment of Mr Bai GuoJin (Jack Bai), an existing Executive Director, as the Company’s new Chief Executive Officer with immediate effect. Jack Bai, who joined the GST board in January 2021, has over 30 years’ experience in software development for the financial…