CPI Card Group Secures Arroweye in $45.5 Million Purchase
CPI Card Group acquired Arroweye Solutions for $45.5 million. Acquisition aims to enhance CPI's service offerings. Despite M&A downturn, deal…
Marqeta Records 27% Surge in Processing Volume, Announces Strategic Plans
Marqeta's Q1 shows 27% surge in processing volume, enhanced card programs. Net revenue growth hits 18% with diverse customer use…
Wagestream Expands Workplace Loans with £300 Million Citi Financing
Wagestream secures £300 million debt facility from Citi for product expansion. Workplace Loans offer customized repayment options based on income…
Visa Invests in Stablecoin Infrastructure Startup BVNK
Visa Ventures invests in BVNK, emphasizing stablecoin infrastructure importance. BVNK processes $12 billion annually for firms like Ferrari and Rapyd.…
AI Collaboration Advances Financial Sector
xAI and Palantir collaborate to advance AI in financial services. Current AI adoption faces skepticism and cybersecurity concerns. Strategic AI…
Solaris Co-founder Sues Over SBI Holdings’ Takeover, Valuation Plunge
Andreas Bittner initiates legal action against Solaris over SBI takeover. SBI Holdings secured majority stake in Solaris during a tumultuous…
Goparity Secures €2.9 Million to Propel Sustainable Ventures
Goparity raised €2.9 million for global sustainable project funding. Backers include 3XP Global and community investors on Crowdcube. Future focus…
Software Investor Acquires Majority Stake in Fintech Firm
Main Capital acquired a majority share in Norwegian fintech Aritma. The acquisition aims to support Aritma's expansion and strategic growth.…
U.S. Bank Boosts Support Tools to Expand Global Payments Amidst FinTech Innovation
U.S. Bank adapts offerings for growing business financial needs. Cooperation with FinTechs leads to enhanced adaptable financial services. AI and…
Revolut Launches Mobile Plans to Compete with Telecom Giants
Revolut launches mobile plans to challenge traditional telecom companies. Services include unlimited calls, texts, and data with a roaming allowance.…
