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Fintech
YAP expands into Pakistan with EMI licence approval
United Arab Emirates (UAE)-based start-up YAP has been granted an in-principle approval from the State Bank of…
Private market exchange ADDX raises $58m pre-Series B funding
Private market exchange ADDX has raised $58 million in a pre-Series B funding round, bringing its total funding…
Canadian Tire Bank taps Temenos for digital-first core banking upgrade
Core banking vendor Temenos has been selected by Canadian Tire Bank (CTB) as the firm looks to replace its legacy…
How data-driven suptech can change the game in fighting financial crime
We’re just halfway through 2022 and we have already witnessed a number of innovative new initiatives in the banking…
Everyone’s banking platform will be composable
Temenos Community Forum 2022 was held in London last week and welcomed more than 1,500 attendees. This is down from…
UK’s Previse raises $18m in Series B round
London-based fintech Previse has raised $18 million in the first phase of its Series B financing, which will be used…
US fintech Caribou lands $115m Series C at $1.1bn valuation
US-based Caribou, an auto fintech that helps people take control of their car payments, has closed a $115 million…
Financial super-app M1 deploys Thought Machine’s Vault Core
Financial services super-app M1 has selected core banking vendor Thought Machine to power and grow its platform.
M1…
BNPL giant Klarna to cut 10% of workforce amid “tumultuous year”
Buy now, pay later (BNPL) giant Klarna is to let go of approximately 10% of its global workforce due to ongoing…
Jack Ma’s Alibaba and Ant Financial leave Paytm Mall
Early investors of Paytm Mall, Alibaba and Ant Financial, have sold their stake in the firm back to Paytm E-commerce…