PYMNTS
JUNE 28, 2019
credit card business, mobile-first company Jaja will pay an initial cash consideration of $671 million at current rates. The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. s Automobile Association and a Bank of Ireland branded card. (It To acquire the Bank of Ireland’s U.K.
American Banker
FEBRUARY 20, 2024
The Charlotte, North Carolina, company has agreed to sell its remaining 80% stake in its insurance brokerage unit to raise billions of dollars in cash and extra capital. The "wild card" is how Truist will deploy them, one analyst says.
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South State Correspondent
JANUARY 4, 2023
Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.
PYMNTS
SEPTEMBER 15, 2018
In 1943, the fashion capital of the world at the time, Paris, was at war and under siege. In fact, “see now, buy now” experiments were underway at Fashion Week New York this year, care of a partnership with Visa that brought tap-to-pay with contactless cards and devices to Fashion’s big show this year.
Jeff For Banks
APRIL 14, 2022
Oil Capital: The History of American Oil, Wildcatters, Independents and Their Bankers 2016 Dwight L. House of Cards: A Tale of Hubris and Wretched Excess on Wall Street 2009 William D. A Term at the Fed: An Insider's View 2004 John Moody Moody, John The Masters of Capital: A Chronicle of Wall Street 2012 George S.
Fintech Labs Insights
OCTOBER 26, 2015
Finally, congratulations to Finovate alum Financit which grabbed an undisclosed, but we are guessing considerable, amount of capital from Goldman Sachs. Prepaid card platform. HQ: Charlotte, North Carolina. LoanBook Capital. Tags: Consumer, mobile, debit/credit cards, account aggregation, PFM. million or less.
Fintech Labs Insights
DECEMBER 28, 2015
HQ: Charlotte, North Carolina. Indexa Capital. Tags: SMB, payments, POS, ePOS, mPOS, credit/debit card acquiring, merchants. Latest round: $6.0 million Series A. Total raised: $6.0 HQ: Herlev, Denmark. Source: Crunchbase. Workflow tool for investment bankers. Latest round: $5.3 million Series A. Total raised: $5.57 TransferGo.
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