HSBC has announced its decision to withdraw its 5.4% stake in Monese, a London-based fintech firm renowned for its mobile-only banking services, sparking a wave of discussions in both the financial and fintech sectors. This move raises critical questions about HSBC’s strategic direction and the
Capital.com has recently announced a significant collaboration with TradingView, marking a major advancement in the platform's trading capabilities. This partnership aims to offer users an unparalleled trading experience by integrating sophisticated charting and analytical tools directly into
M2P Fintech's recent achievement, securing $102 million in Series D funding led by Helios Investment Partners, marks a significant milestone for the company and the world of financial technology. This impressive influx of capital pushes the company's valuation to over $783 million, signaling
Banking-as-a-Service (BaaS) has surged in popularity within the fintech landscape, allowing non-banking businesses to offer financial products by leveraging infrastructure from licensed financial institutions. However, the current regulatory environment in the U.S. poses significant challenges,
The journey of Banking-as-a-Service (BaaS) spans over three decades, tracing back to a time when banking was largely an in-house affair, with financial institutions tightly gripping the reins of their services and infrastructure. From the clunky, monolithic banking systems that operated in silos,
In a strategic move to bolster its influence in the Eastern European banking sector, UniCredit has acquired a considerable 90.1% stake in Alpha Bank Romania from Alpha Services and Holdings. This acquisition is valued at a significant €255 million in cash and includes a 9.9% share in UniCredit’s
