Banking - FinTecBuzz

Riverty Establishes Bank in Luxembourg

May 28, 20265 min

Fintech granted EU CRR banking licence after a 10-month application process Riverty transforms its Payment and Credit business from a PSD2 payment institution into a fully licensed bank Bank to begin operations in July, serving more than 1,800 merchants and approximately 25 million unique customers across 10 European markets Bertelsmann’s Carsten Coesfeld: “Banking license enables next phase of growth for Riverty Riverty, the fintech company of Bertelsmann is establishing a bank in Luxembourg to help merchants grow through embedded...

by PRNewswire

Banking

Northwest Bank Names Chad Ballard as Chief Information Officer

May 28, 20263 min

Northwest Bank announced that Chad Ballard has joined the company as Chief Information Officer, effective May 18, 2026. Reporting directly to the company’s President and CEO Louis Torchio, and a member of the executive leadership team, Ballard will lead the bank’s information technology strategy and operations. In this role, Ballard is responsible for advancing technology initiatives that support Northwest’s business priorities, strengthen operational efficiency, and enhance the experience for customers and associates across the bank’s footprint....

by BusinessWire

Banking

Mercury Raises $200 Million Series D at $5.2B Valuation

May 23, 20268 min

As AI creates the largest wave of entrepreneurs in a generation, Mercury helps founders start, scale, and run their businesses

by BusinessWire

Banking

Terry O’Neil Joins Pagaya as Chief Commercial Officer

May 23, 20265 min

Pagaya Technologies LTD. (NASDAQ: PGY) (“Pagaya” or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today named Terry O’Neil as Chief Commercial Officer. In this role, Terry will lead Pagaya’s partnership and growth functions. “We’re thrilled to welcome Terry to our leadership team as we accelerate our momentum and onboard new partners across the industry,” said Sanjiv Das, President of Pagaya. “With his proven track record in both the...

by PRNewswire

Banking

Associated Bank Private Wealth Expands Leadership Team in Minneapolis Market

May 22, 20266 min

Strategic hires strengthen wealth advisory, planning and investment capabilities across Minnesota

by GlobeNewswire

Banking

Multitude acquires majority stake in Sortter Oy

May 21, 20264 min

Multitude AG, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized enterprises, and other FinTechs (WKN: A40VJN, ISIN: CH1398992755) (“Multitude”, “Company” or “Group”), has signed an agreement to acquire a majority stake in Sortter Oy (“Sortter”), a leading Finnish financial services comparison platform. After an initial investment of a 19.97% stake in Sortter in 2023, Multitude has reached an agreement to acquire a majority stake. Following the...

by PRNewswire