All articles by Surya Rao Akella

Surya Rao Akella

Robinhood raises $280m in series F funding at $8.3bn valuation

American fintech startup Robinhood has raised $280m in series F funding round led by existing investor Sequoia Capital, with participation…

Fidelity D & D closes acquisition of MNB Corporation

Fidelity D & D Bancorp, the holding company of Fidelity Deposit and Discount Bank (Fidelity Bank) has completed the acquisition…

Accenture acquires Italian Regtech firm NIKE Group

Accenture has acquired NIKE Group, an Italian consulting firm specialising in regulatory technology (Regtech) services and solutions to financial services…

ANZ posts 50% decline in profit for first half of 2020

Australia and New Zealand Banking Group (ANZ) has announced a 51% decline in its profit after tax to AUD1.55bn ($1.01bn)…

UBS earns $1.6bn in net profit for Q1 2020

Swiss bank UBS Group announced that it has earned a net profit of $1.6bn for the first quarter of this…

ikigai partners with TruNarrative for RegTech platform

ikigai, one of the UK’s latest wealth management and banking apps, has announced a partnership with TruNarrative, a financial crime…

British Business Bank approves fourteen new lenders under coronavirus loan scheme

The British Business Bank has given its approval to a total of fourteen new lenders for accreditation under the Coronavirus…

Temenos launches SaaS XAI models enabling banks to support SMEs during COVID-19 crisis

Temenos has introduced new Explainable AI (XAI) models to enable banks and credit unions to issue loans to small and…

V Capital and Shefa Capital invest $100m in Cross River Bank

V Capital and Shefa Capital have partnered to lead Series C pre-IPO $100m investment in Cross River Bank (CRB). CRB…

IBM partners with Fenergo to counter financial crimes

IBM has signed an agreement with Irish fintech Fenergo to develop integrated solutions that can help financial institutions in defending…