Tag: Societe Generale

Why trade finance fraud threatens global markets

Trade finance facilitates around 80% of global trade, underpinning $25tn in annual transactions by enabling secure, cross-border deals between buyers and sellers. But while...

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.

UK FinTech Capital on Tap raises £650m to expand £1.2bn Master...

Capital on Tap, a UK-based FinTech specialising in business credit cards for small enterprises, has announced a significant expansion of its funding structure with an additional £650m secured, bringing its Master Trust facility to a total of £1.2bn.

Ageras strengthens European presence with Storebuddy acquisition

Ageras, a leading European FinTech specialising in accounting, admin, and banking software for small businesses, has acquired Danish payment reconciliation platform Storebuddy.

Combined French banking app downloads increase 31% in 2023 YoY

Combined French banking app downloads reached a total of 73m downloads by the end of 2023, that’s 24% higher than Germany’s total banking app...

B2B payment platform Fintecture nets €36m

Fintecture, a B2B payment platform, has raised €36m in its Series A round, as it looks to grow its team.

Societe Generale to acquire PayXpert for payment solutions

Societe Generale has entered into an agreement to acquire a majority stake in the FinTech PayXpert to strengthen payment solutions in Europe for retail and online merchants.

ALD to snap up rival LeasePlan to transform automotive industry

Societe Generale's car leasing division ALD has signed a memorandum of understanding (MoU) which would see the company acquire 100% of its competitor LeasePlan for $5.5bn in cash and shares.

Fintecture said to raised €6.2m in seed funding

Fintecture, which aims to make instant payments safer and cheaper, has reportedly collected €6.2m in its seed round.

Wematch helps Societe Generale and Landesbank Baden-Württemberg conduct electronic EUREX/LCH basis...

Web-based matching and negotiation platform Wematch is feeling bullish about having conducted what it says is a market-first electronic EUREX/LCH basis swap trade and Landesbank Baden-Württemberg (LBBW).

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