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American bank holding company First Mid Bancshares has agreed to acquire Blackhawk Bancorp, the parent company of Wisconsin-based Blackhawk Bank, in an all-stock deal worth $90.3m. First Mid
HSBC said that HSBC UK Bank, its UK ring-fenced subsidiary, has acquired Silicon Valley Bank UK (SVB UK), the British arm of the troubled Silicon Valley Bank, for
UK-based consumer lending fintech Abound (formerly Fintern) has raked in more than £500m in a new funding round for its credit technology platform. The start-up leverages artificial intelligence
NatWest Group has agreed to acquire a stake of 85% in UK-based a workplace savings and pensions fintech Cushon for £144m. The remaining 15% in the fintech company
FIS (NYSE: FIS or “the Company”), a global leader in financial services technology, today announced plans to pursue a tax-free spin-off of its Merchant Solutions business to strengthen its
ModernFi, which operates the first tech-enabled marketplace that allows banks to exchange deposits on demand, announced today that it has raised $4.5 million in seed funding. The round
Cetera Financial Group, an American network of financial professionals, has agreed to acquire the retail wealth business of Securian Financial Group for an undisclosed price. The deal will
Indian Prime Minister Narendra Modi virtually inaugurated 75 digital banking units (DBUs) across 75 districts in the country with an aim to further promote financial inclusion and improve
U.S. Bancorp (NYSE: USB) announced today that it has received all required U.S. regulatory approvals to complete the previously announced acquisition of MUFG Union Bank’s core regional banking
CI&T (NYSE: CINT), a global digital specialist, announces today the execution of a sale and purchase agreement to acquire NTERSOL Consulting LLC (“NTERSOL”), a U.S. based digital transformation