Huntington adds corporate mortgage finance to commercial banking
September 9, 20244 min
New team bolsters bank's ability to meet the unique needs of mortgage servicers and originators
Cobre Raises $35 Mn Series B to Continue Product and Market Expansion
September 6, 20245 min
Oak HC/FT-led investment positions company to become leading player in payments and treasury management in Colombia, Mexico and beyond.
United Community Banks, Inc. Names Sally Pope Davis to BOD
September 5, 20244 min
United Community Banks, Inc. is pleased to announce the addition of Sally Pope Davis to its Board of Directors. Davis recently retired as a managing director after a 35-year career at Goldman Sachs. She co-led one of the industry’s largest small-cap value funds during her tenure at Goldman Sachs Asset Management, while also having specific responsibilities for and expertise in investments across the financial sector, including banking, insurance, capital markets and specialty finance companies. She joined Goldman Sachs...
Jack Henry and Moov to Simplify Digital Payments for Small Businesses
September 4, 20246 min
Alliance will enable community and regional financial institutions to offer enhanced payments to SMBs and capture deposits
Tarabut Acquires Vyne Ahead of New MENA Regulatory Requirements
September 4, 20246 min
Tarabut, the first and largest regulated open banking platform in the MENA region, announced the acquisition of London-based Vyne, a real-time account-to-account (A2A) payments platform for online businesses. This strategic acquisition, which has been approved by both the Saudi Central Bank (SAMA) and the UK’s Financial Conduct Authority (FCA), bolsters Tarabut’s ability to deliver faster, more accessible, and more interconnected financial services, both across the region and globally. The deal closed officially on August 1st,...
Axway Completes Acquisition of Sopra Banking Software
September 3, 20247 min
Axway announces the successful completion of the acquisition of Sopra Banking Software, establishing one of France’s top enterprise software publishers, with leading positions in banking and financial services. This major step in the company’s development not only marks a change in dimension, but also initiates a transformative alliance project aimed at delivering substantial value to all its stakeholders. First announced at the end of February, Axway’s proposed acquisition of Sopra Banking Software was made possible...
Biptap is Set to Disrupt the Financial Industry After 2 Mn Funding
September 2, 20245 min
Biptap, one of the fastest-growing fintech companies, specializing in privacy-centric offshore banking solutions, announced it has raised $2 million in a pre-seed funding round. The round attracted prominent investors, including multiple web3 decentralized investment funds, a travel facilitator with a 2.5 million hotel network, an encryption tech firm formerly owning a MotoGP Racing team, and the ex-founder of a major crypto investment fund. This funding marks a significant milestone for Biptap as it aims to...
Barclays Appoints Martin Douglass as Head of Financial Sponsors M&A
August 30, 20244 min
Mr. Douglass brings to Barclays a deep understanding of the private equity asset class and extensive M&A transaction experience that will further strengthen the firm’s M&A platform and Financial Sponsors business.
The Bancorp Announces Todd Brockman to Join Its Board of Directors
August 29, 20244 min
Retired Visa Inc. Executive Set to Join The Bancorp Board of Directors in October
Judd Appel Joins Mowery & Schoenfeld as Advisory Partner
August 29, 20243 min
Appel will lead buy-side and sell-side activity in the firm’s Transaction Advisory Practice