Startup Funding

Behavox Secures $70 Million Credit Facility from Hercules Capital to Fuel Strategic Expansion and Innovation

London, United Kingdom – November, 2024 – Behavox, a global leader in AI-powered compliance solutions for the financial services industry, announced today that it has secured a $70 million credit facility from Hercules Capital, Inc. (NYSE: HTGC). This substantial funding further strengthens Behavox’s liquidity, providing resources for strategic acquisitions and the development of new product […]

Payments

UBS Sells 50% Stake in Swisscard to American Express, Consolidates Credit Card Business

Zurich, October 21, 2024 – UBS, as part of its ongoing efforts to streamline operations after acquiring Credit Suisse, has reached an agreement to sell its 50% stake in Swisscard, a leading Swiss credit card provider, to its joint venture partner, American Express. This strategic move marks another step in UBS’s divestment of certain Credit […]

Banking

Emerge Secures $12M to Transform Business Banking in New Zealand

New Zealand’s Challenger Bank-In-Waiting Takes a Step Closer to Revolutionizing Business Finance Auckland, New Zealand – Emerge, the digital-first business banking alternative co-founded by Jamie Jermain and Jovan Pavlicevic (the minds behind SquareOne), has raised $12 million in a Series A funding round, positioning itself as a leader in redefining business banking for Kiwi entrepreneurs. […]

Fintech

Multitude Bank Acquires Significant Stake in Norwegian Digital Challenger Lea Bank

Multitude Bank, a Malta-based wholesale banking institution, has taken a substantial step in its expansion by acquiring a 9.9% stake in Lea Bank, a publicly-listed Norwegian digital challenger bank. This marks the first phase of a strategic investment, with an additional 8.7% stake already under contract, pending regulatory approval from the Norwegian Financial Authority and […]

Fintech

Fabrick Partners with TerraPay to Revolutionize Cross-Border Payments Across Europe

Fabrick Expands European Footprint Through Strategic Partnership with TerraPay to Simplify Cross-Border Payments Fabrick, a leading Open Finance platform, is strengthening its international presence by partnering with TerraPay, a global payments infrastructure provider. This collaboration is set to transform cross-border payments in Europe, initially focusing on Italy, by offering businesses a streamlined, cost-effective solution for […]

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