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United Fintech acquires CBA with backing from leading global banks

PRNewswireFebruary 4, 20255 min
United Fintech, the industry-neutral digital transformation platform, has announced the full acquisition of Commercial Banking Applications (CBA), a leading banking technology provider specializing in API-driven trade finance and payments solutions. The acquisition was financed by both equity and debt from existing investors, which include four major banks: BNP Paribas, Citi, Danske Bank, and Standard Chartered. This strategic move marks United Fintech’s entry into the commercial banking segment and represents a significant acquisition. Expanding into Commercial Banking: Digitizing...

Fintech Trailblazer DoubleCheck Appoints New CEO

BusinessWireJanuary 24, 20255 min
DoubleCheck announced today the appointment of Ashwin (“Ash”) Rangan as its new chief executive officer. Rangan succeeds outgoing co-CEOs Joel Schwartz and Bill Amelio. Rangan brings a wealth of experience in innovation, artificial intelligence (AI), and scaling businesses to DoubleCheck, an award-winning financial technology platform that benefits credit unions, banks and their customers. He most recently served as chief innovation and information officer (CIIO) at ICANN, the Internet Corporation for Assigned Names and Numbers. His prior...

Clutch Secures $65M Series B to Propel Credit Unions into the FinTech Era

PRNewswireJanuary 23, 20257 min
Clutch is turning credit unions into FinTech, and with the successful completion of a Series B funding round is now equipped with $65million to further transform the way credit unions deliver products and services to the members and communities they serve. The Series B funding round was led by Alkeon Capital Management with participation from Andreessen Horowitz, TruStage Ventures as well as Peterson Partners. “As the fastest growing, most widely-adopted and most holistic modern digital onboarding solution...

Fintech nsave launches investment platform

PRNewswireJanuary 13, 20254 min
nsave offers trusted dollar, sterling or euro accounts abroad to people from high inflation countries. Customers can now access a range of US equities, ETFs and funds. TQ Ventures leads $18mn financing, with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton.
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