Priya Patel
TLDR: The Fintech Times Bi-Weekly News Roundup on January 23, 2024, highlights the latest funding updates, appointments, partnerships, and mergers and acquisitions in the fintech industry. Key highlights include:
- Ozone API raises £8.5 million in a Series A funding round led by Gresham House Ventures to support global expansion.
- Fintex Capital expands mezzanine financing for ThinCats, providing an additional £5 million in funding.
- DailyPay secures $175 million in funding to drive product innovation and market expansion.
- MorganAsh appoints Johnny Timpson OBE as chairman, subject to FCA approval.
- Alba Bank hires Michael Mustard as general counsel and company secretary ahead of its planned market entry.
- FinTech B2B Marketing adds Nim Haas and Miranda McLean to its advisory board.
- INNOPAY promotes Mounaim Cortet to partnership and managing partner.
- SAP appoints Marwan Zeineddine as managing director for UAE operations.
- Optimum Finance appoints Keira Matley and Hannah Ansell to consolidate business growth.
- Mangopay appoints Liz Oakes as non-executive director.
- Private equity firm Welsh, Carson, Anderson & Stowe acquires a majority stake in EquiLend.
- Genesys acquires Radarr Technologies to use its social media insights for AI-powered customer experiences.
- FNZ acquires Luxembourg-based B2B fund platform ifsam to enhance wealth management solutions.
