Tag: Financial Services
Greenwood acquires mobile banking platform Kinly
Greenwood, a digital banking platform focused on serving Black and Latinx communities, has acquired Kinly, a mobile banking platform, in a move that brings together two of the largest Black-owned FinTechs. The terms of the deal were not disclosed.
UK’s European Affairs Committee launches UK-EU financial services inquiry
The UK’s European Affairs Committee in the House of Lords has launched an inquiry into how the UK and EU’s relationship in the financial services sector.
Why flexibility is imperative when developing digital financial services
A recent blogpost by WealthTech firm Kidbrooke has examined the key technological factors that ensure the flexibility of digital financial services.
Banks believe London will remain global financial center despite Brexit
A recent Lloyds Bank survey has found that banks believe London will maintain its leading global financial center status despite the regulatory uncertainty posed by Brexit.
Research provides guide for financial services industry in reducing gambling harm
UK charity GambleAware has published a guide to help companies in the financial services market reduce gambling-related harm to customers.
Brazil-based Zoop secures $10.9m in its funding round
Zoop, a Brazilian B2B FinTech services provider, has secured BRL $60m ($10.9m) in a funding round to support the rollout of new services.
New Mountain said to seal $3.2bn Equian sale, five years after...
New Mountain Capital has made what appears to be a hefty return selling healthcare payments business Equian to trade player UnitedHealth in a reported $3.2bn deal.
Guidepost helps fintech, retail analytics business ActiveViam to first outside investment
Financial services and retail-focused data analytics business ActiveViam has picked up the first outside capital in its 15-year history through a minority investment from Guidepost Growth Equity.
CVC taps flagship fund, growth vehicle for Vitech Systems investment
CVC Capital Partners is tapping its flagship and growth funds to make a majority investment in cloud-based financial administration provider Vitech Systems.
Fiserv acquires and merges with First Data
Fiserv has acquired and merged with First Data Corporation to create a payments and financial technology provider.