Future Banking Magazine
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Articles
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1 week ago |
banking-gateway.com | Swagath Bandhakavi
UK-based payments technology provider Dojo has secured a $190m investment from Vitruvian Partners, marking the maiden equity raise in the company’s history. This investment will support Dojo’s expansion efforts in the UK and its entry into European markets such as Ireland, Italy, and Spain. The funds are aimed at enhancing Dojo’s cloud-native platform, which is claimed to process between six and nine million transactions daily, offering fast transactions and reliable connectivity.
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1 week ago |
banking-gateway.com | Swagath Bandhakavi
UniCredit SpA (“UniCredit”) announces that today it has entered into financial instruments with primary investment banks relating to a circa 9.7% stake in Alpha Services and Holdings S.A. (“Alpha”), at a price embedding a discount versus previous closing share price. Physical settlement under the new financial instruments may only occur after the required regulatory approvals have been obtained. Together with the 9.6% currently held, UniCredit overall positions in Alpha will total c.
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1 week ago |
banking-gateway.com | Swagath Bandhakavi
Spanish financial services company BBVA has laid out an investment plan totalling €4.57bn for its operations in Mexico, spanning the years 2025 to 2030. This announcement was made by Carlos Torres Vila, the chair of BBVA, during the National Meeting of Regional Advisors in Mexico, which serves as the bank’s primary forum for engaging with business leaders in the country.
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1 week ago |
banking-gateway.com | Swagath Bandhakavi
Bank Handlowy w Warszawie S.A. today announced an agreement to sell its consumer banking business to VeloBank S.A, a Poland-based universal bank providing financial solutions to individuals, small and medium-sized companies. Bank Handlowy w Warszawie S.A., which operates under the Citi Handlowy brand, is majority-owned by Citibank Europe Plc (CEP), a wholly owned subsidiary of Citigroup Inc.
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1 week ago |
banking-gateway.com | Swagath Bandhakavi
JioBlackRock Asset Management has secured approval from the Securities and Exchange Board of India (SEBI) to launch its mutual fund operations in India. This move marks the operational commencement of a joint venture equally owned by Jio Financial Services and BlackRock. The firm aims to blend Jio’s extensive digital infrastructure and local market insights with BlackRock’s global investment prowess and technical acumen. At the helm is Sid Swaminathan, appointed as managing director and CEO.
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