Citi has launched Single Euro Payments Area (SEPA) Instant Payments in Europe to bolster its payment offering portfolio.
Citi’s release of Bridge, a virtual loan broker offering merchants a three step process to apply for capital through over a dozen banks, has branched out across seven states and is continuing to grow four months in— according to recent LinkedIn posts from Citi employees. “I am excited to announce I have been working on...
Citigroup will provide funding for mortgages which will eventually be securitized and sold; the terms of the deal were not disclosed; LendInvest has continued to grow loan volumes with 2017 volume at 500 million pounds. Source
Citigroup added 5,500 technology workers and increased its tech spend 10% to about $10 billion in 2021. The $2.9 trillion bank reported $3.3 billion in net income for the fourth quarter of 2021, down from $4.3 billion in Q4 2020. Tech and communications spending reached $2.1 billion in Q4, a 3% year-over-year increase and 4%...
The City’s banking jobs market is booming in a sign that London is scuppering bets laid on Brexit hitting its attractiveness, reveals a fresh study
Clear, India’s leading fintech company, announce a $75 million fund raised by Kora, Stripe, Alua Capital, Think Investments and investors.
ClearBank announced it has been selected by Chip, the digital savings account, to enhance its market leading savings and investments platform
ClearBank — a UK fintech that has built a new set of cloud-based financial rails that allows banks and other customers real-time clearance on payment transactions and other financial services — has closed a big round of funding, money it will be using to take its services beyond its home market and...
The lender pledges €500m to support the German economy.
The Softbank-backed lender plans to grow its Irish team to over 200.