Covalto to become Mexico’s first US-listed fintech following SPAC merger
The deal values Covalto at $547 million and will see the firm listed on the Nasdaq exchange.
The deal values Covalto at $547 million and will see the firm listed on the Nasdaq exchange.
The bank will support the creation of more than 100,000 jobs and 20,000 new homes.
The Filipino firm will implement the Avaloq Core Platform.
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The start-up bank in Iraq has opted for core banking tech supplier ICS Financial Systems (ICSFS).
BOQ, Virgin Money and ME Bank will eventually transition to Temenos’ cloud-based core software.
BankProv CEO Dave Mansfield says working with Republic will “expand access to new investment opportunities”.
UMe members will be able to access Bankjoy’s digital banking platform, including mobile and online banking.
Perenna intends to offer long-term fixed rate mortgages in the near future.
The results are from a survey carried out between July 2021 and June 2022 by market research firm Ipsos.
If you mean well, do well. Let your actions speak to your motives.
The Caribbean bank has gone live on Temenos Banking Cloud.
Dhar will lead the strategy, integration and development of M&T’s digital platforms.
Nebeus will be able to issue branded virtual and physical cards across the UK and Europe.
NetGuardians uses behavioural analytics, artificial intelligence (AI) and machine learning (ML) to detect fraud.
The solution on Trustfolio’s Debt Adviser Support Portal will provide access to banking transaction data.
Like broccoli, a bank can go out of date before anybody realises.
The firm brings together financial specialists with more than 200 years of collective experience.
Andrews founded Zopa in 2004 and is currently a member of the fintech unicorn’s board.
The firm will incorporate Kestrl’s personal financial management tools into Be U by the end of the year.
The firm will be the first bank outside the US to utilise FIS’ Modern Banking Platform.
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Here’s our pick of five of the top news stories from the world of finance and tech this week.
The new funds will help fuel TeamApt’s planned expansion across Africa in the coming months.
Flexibility, agility and innovation are core competencies that will keep banks competitive through the next decade.
Unit says the collaboration with Thread will “empower more companies to offer unique banking solutions”.
The funding will support Ageras’ future strategic acquisitions and the expansion of its software suite.
The deadline for nominations for the Banking Tech Awards 2022 is now Friday 19 August.
The bank will utilise DNA from Fiserv as its new core processing platform.
Customers can now access digital tools designed to improve financial literacy and establish saving habits.
You’ll always need a little more tech than you needed yesterday, but at least you don’t need to build it all.
The partnership aims to enable paperless communication across treasury and trade finance processes.
The Berlin-based neobank says the action will not affect its services, customer funds or investments.
Klarpay solves one of the biggest challenges faced by digital businesses – access to efficient transactional banking.
KeyBank says BlueSnap’s operating model will give clients the flexibility to process global payments.
Goldman Sachs says it is cooperating with the regulatory body.
The company says micro-investing is a good first step into the space, providing “investment on auto-pilot”.
CIBC customers will be able to securely share their financial data with third-party fintechs via an API.
The Garage builds and invests in early-stage start-ups in fintech, artificial intelligence and cyber.
The self-described “payments nerd” says he is leaving the payments industry after 41 years.