All articles by BV Swagath
BV Swagath
British digital bank Starling Bank raises £40m for SME lending
British digital bank Starling Bank, which serves small and medium-sized enterprises (SMEs) in Europe, has secured £40m in new capital…
Barclays Investment Bank appoints Alex Lynch as Chairman of Banking
Barclays today announces the appointment of Alex Lynch to the role of Chairman of Banking within its Investment Bank. Mr.…
Card issuing platform Marqeta notches $4.3bn valuation with $150m funding
Marqeta, a card issuing platform, has secured an additional capital of $150m from an undisclosed institutional investor for accelerating its…
Stratos Wealth Enterprises makes strategic investment In Brown Wealth Management
Stratos Wealth Enterprises, a Stratos Wealth Network company that collectively oversees $13.9 billion in brokerage and advisory assets, announced today that they…
PSG Group to unbundle 28% stake in South African lender Capitec Bank
PSG Group said that it will unbundle nearly 28.11% of its stake in South African retail bank Capitec Bank to…
Confidence using online banking grows during lockdown as consumers embrace digital, says Virgin Money UK
The COVID-19 lockdown is helping to accelerate take-up of digital banking services amongst consumers, with many feeling more confident about…
Texas Capital Bancshares, Independent Bank scrap $5.5bn merger deal
Texas Capital Bancshares and Independent Bank Group have mutually scrapped their previously announced $5.5bn merger deal owing to the impact…
Cleareye.ai acquires India-based artificial intelligence company Aiware.ai
Global fintech company Cleareye.ai, headquartered in California, has acquired AIWare.ai, an India based startup specializing in Artificial Intelligence (AI) based solutions. Located in the…
KCB Bank Kenya to buy certain assets and liabilities of Imperial Bank
KCB Bank Kenya will acquire certain assets and liabilities of rival Kenyan commercial lender Imperial Bank (Kenya) with a combined…
EBA says Covid-19 is placing unprecedented challenges on EU banks
The European Banking Authority (EBA) published today a preliminary assessment of the impact of COVID-19 on the EU banking sector.…