All articles by Refna Tharayil
AHAM Capital taps Temenos Multifonds SaaS to transform fund accounting platform
Temenos’ global accounting platform is expected to help AHAM Capital to drive scalable automation and support future growth in the Malaysian market
Parafin raises $100m in Series C at $750m valuation
The financing round was led by Notable Capital, with participation from Redpoint Ventures and Parafin’s existing investors, including Ribbit Capital, Thrive Capital, and GIC
Morgan Stanley selects Wise platform to enhance payments capabilities for corporate clients
Morgan Stanley will offer clients high-speed cross-border settlements through Wise Platform, Wise’s global payments infrastructure for banks
ASIC takes legal action against HSBC Australia over scam-related failures
Between January 2020 and August 2024, HSBC Australia reportedly received around 950 reports of unauthorised transactions, resulting in customer losses totalling A$23m
US DOE grants $9.63bn loan to BlueOval SK for EV battery plants
The funding will support the construction of up to three manufacturing plants in Tennessee and Kentucky to produce batteries for Ford and Lincoln EVs
Nubank announces investment in Tyme Group
Nubank leads series D funding round with $150m investment
Affirm secures up to $4bn investment from Sixth Street to scale payment network
The investment, facilitated through Sixth Street’s asset based finance platform, involves the purchase of Affirm loans via a unique AssetCo structure under a three-year forward flow agreement
OctaTrader launches Space analytics hub to boost trading experience
Integrated directly into the platform, Space combines machine learning algorithms with expert recommendations
Citadel Credit Union announces partnership with Cetera Financial Group
The selection reflects Citadel’s dedication to providing world-class solutions to empower members’ financial well-being while fostering a culture of excellence within its wealth management division
Summit Financial acquires minority stake in Midway Wealth Partners
Midway Wealth Partners offers a range of wealth management services including financial planning, investment management, insurance solutions, trust and estate tax planning, and business transition and succession strategies