Tag: Citi

Citi becomes first US bank to process live Swift ledger transactions

Citi has become the first US bank to process live transactions on Swift’s blockchain-based ledger, as banks test whether shared infrastructure can support always-on,...

Citi Foundation backs child savings with $5m grant

The Citi Foundation, the philanthropic arm of banking giant Citi, has pledged a $5m grant to Prosperity Now to power its newly launched ABC Initiative (Asset-Building for Children), which aims to expand take-up of child savings schemes among lower-income families in the US.

US firms dominated World Cup FinTech deal activity securing 42% of...

Key World Cup FinTech stats since 2023: World Cup Special: Global FinTech Through the Lens of the Beautiful Game Global FinTech deal activity among...

Adaptive secures strategic investment from Citi and HSBC

Adaptive, a provider of custom trading technology solutions, has secured strategic investment from global financial institutions Citi and HSBC to accelerate its growth and...

Cicada raises $13.5m to digitise Latin American bond markets

Cicada, a US-regulated electronic trading platform connecting institutional capital to Latin American local-currency markets, has raised $13.5m in a Series A funding round. The round...

Capitolis names Okan Pekin as new president

Capitolis, a London-based FinTech company specialising in financial markets infrastructure, has appointed Okan Pekin as its new president. Pekin, who previously served on the Capitolis...

Capitolis unlocks full STP for FX options novations

Capitolis has broadened its novation capabilities through a new integration with Societe Generale, marking a significant step forward in straight-through processing (STP) for FX options.

AI lending platform Zest AI secures new funding round

Zest AI, a leading provider of AI-powered lending solutions, has secured a new round of strategic funding led by its own customers. The investors include...

Citi teams up with Dandelion to enhance global digital payouts

Citi have announced a new collaboration aimed at transforming cross-border transactions. The partnership centres on combining Citi’s cross-border payments solution, WorldLink Payment Services, with Dandelion’s...

Fnality raises $136m to expand blockchain settlement systems

Fnality, a financial market infrastructure firm that operates next generation wholesale payment systems regulated by central banks, has raised $136m (£99.7m) in a Series C funding round.

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