TFT’s Bi-Weekly News Roundup: This Week in Fintech 23/01

January 23, 2024
1 min read

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.

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