Realities of the Ukrainian fintech in 2022 military conditions

Even though Ukrainian businesses are used to turbulent conditions, the war resulted in a terrible decrease. Such things as the permanent suspension of payment processing, the transition to the cloud, and the connection of new European partners are key elements of the story of the adaptation of the fintech market. This case was explained in detail by the CEO of the LEO International Payment System Alona Shevtsova for the Ukrainian edition of Forbes. On February...

United Fintech Acquires Cobalt

United Fintech, the end-to-end solution for banking technology, announces the 100 percent acquisition of Cobalt, the provider of critical risk and data services to the FX and digital asset markets. The acquisition elevates United Fintech’s position as the leading end-to-end solution connecting financial institutions with innovative fintechs to accelerate digital transformation. This is United Fintech’s fifth acquisition since launching in 2020 and has rapidly scaled its team to 150 across New York, London and Singapore. The...

Industry-Leading Banks Make New Strategic Investment in Acin

Acin, the global operational risk control data network, today announced it has closed $24 million in Series B funding from a strategic consortium of industry-leading banks, comprised of JP Morgan, Citi, BNP Paribas, Barclays, and Lloyds Banking Group. The funding round was also supported by existing investors Notion Capital, Talis Capital and Fitch Ventures, the equity investment arm of Fitch Group. This funding will enable further strategic product development in partnership with investing banks and...

Largest Bank in the CEE Region to Become Even More Digital

PKO Bank Polski, the largest bank in Central and Eastern Europe and the European leader of digital banking according to the international Finnoscore ranking, has announced its new strategy. In the 2025 perspective, it wishes to engage - to an even greater degree - modern technological solutions to create even better products and services for its clients.

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