Markets

US-based payment infrastructure provider, NovoPayment, has announced that Morgan Stanley Expansion Capital has invested $20 million for its service expansion. NovoPayments specializes in delivering card, payment, and digital banking solutions. According to the report, the fund will be used to...

Pemo, a UAE-based financial tech company, recently shared that it raised $7 million in Pre-Series A funding to grow its spending management platform in the Gulf region. Pemo stated that this funding will help it keep improving its tools for...

Nuvei Corporation showed strong growth in the third quarter of 2024. The company’s total payment volume grew by 27%, reaching $61.3 billion. This comes as the Canadian fintech company gets closer to completing its $6.3 billion deal with Advent International...

Neo Financial, a Canadian online bank launched by creators of SkipTheDishes, has received $360 million in funding to expand its artificial intelligence-based banking services. The bank announced that this new funding will help it grow and compete with Canada’s traditional...

Nomura has announced a major leadership change, as John Tierney is set to become the Chief Executive Officer of Nomura Europe Holdings and Nomura International. This shift marks the end of Jonathan Lewis’s 10 years in the role. Lewis, who...

Capital.com has named Salim Sebbata as its new Head of Mergers & Acquisitions (M&A) and Corporate Development. According to reports, he will work from the company’s London office, where he will manage Capital.com’s M&A plans and help grow the business...

Popular trading platform Webull has rolled out a new feature that lets people trade almost all the time. This new “24/5” feature allows users to buy and sell stocks and ETFs outside of regular hours in the US. This gives...

UK financial regulators have announced new rules to ensure that technology services provided to financial firms are strong and more reliable. According to the update, regulators are concerned that financial companies now depend heavily on just a few big tech...

Finalto, a well-known company that helps with liquidity and fintech services, has announced that Luis dos Santos is joining as its Sales Director for Latin America. Dos Santos has a lot of experience from working in this business for many...

Argentine-based fintech firm Ualá, has raised $300 million in a major funding round. This now values Ualá at $2.75 billion, one of the highest for tech companies in Latin America recently. Allianz X, part of the Allianz group, led the...

Hidden Road, a company that helps with crypto trading, has made Michael Higgins the new International Chief Executive Officer to make its leadership stronger. Higgins shared on LinkedIn that he started in this new role last month. Higgins joined Hidden...

NatWest Group has bought back £1 billion of its own shares from the UK government. This will help lower the government’s ownership in the bank. The £1 billion buyback allowed NatWest to get 262.6 million shares from the government. After...

The Italian payment company Satispay announced it has raised an extra €60 million, bringing its total raised funds to over half a billion euros. Satispay, which reached a value of over $1 billion in 2022, shared that its main investors...

China’s tech giant Tencent recently joined up with Visa in a partnership that aims to bring palm recognition technology and enable digital payments. While the ultimate plan is to roll out palm payments internationally, the partners plan to start with...

Jerome Powell, the Chairman of the US Federal Reserve, recently stated that he has no plans to step down from his position if asked when Donald Trump returns to office. Powell Intends To Stay Until The End of His Term...