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Fibank (First Investment Bank) has successfully placed a private bond issue with a total value of €50 million, fully compliant with MREL requirements. Although the Bank already meets all regulatory MREL standards, this issuance represents a strategic step that reinforces its stability, investor confidence, and ability to secure funding under competitive market conditions.
A new study by Juniper Research, the foremost experts in fintech and payment markets, forecasts a 153% surge in fraud by 2030; rising from $23 billion in 2025 to $58.3 billion in 2030.
The Pan-African Payment and Settlement System (PAPSS) launched by African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has officially welcomed the Bank of Algeria into its growing network. Algeria now becomes the 18th country of presence for PAPSS, marking a significant step in advancing Africa’s journey towards deeper financial integration.
The British Business Bank has agreed a transaction of up to £300m with Close Brothers under the ENABLE Guarantees programme, unlocking significant additional lending capacity.
The transaction will support a portfolio within Close Brothers Asset Finance, covering hire purchase, sale and hire purchase back and leasing facilities. Asset finance plays an important role for UK smaller businesses, with the market reaching a record £23.5bn in 2024.
PowerPay, a leading fintech platform providing consumers with home improvement and patient finance, today announced the addition of Synovus Bank, a Georgia-based financial institution with $62 billion in a
Gemini Space Station, Inc. ("Gemini"), a global crypto platform, today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined.
Akurateco, a leading white-label payment software provider, announced that it has partnered with PAYSTRAX – a licensed European payment institution headquartered in Vilnius, Lithuania – to expand its acquiring and processing services across Europe.
Klarna, the global digital bank and flexible payments provider, today announced the execution of a multi-year forward flow agreement with Nelnet, a U.S.-based financial services and investment firm, to support the continued expansion of Klarna’s Pay in 4 product in the United States.
