All articles by Refna Tharayil
UK CMA launches probe into Siemens’ acquisition of Heliox
The British competition watchdog said that it is considering if the deal would create a relevant merger situation under the merger provisions of the Enterprise Act 2002
BBVA Spark backs Twinco Capital with new €50m debt
Twinco is a venture-backed business, with investors such as Quona Capital, Working Capital Fund, Mundi Ventures, Finch Capital
Infosys, smart Europe partner to offer sustainable electric mobility to customers
The partnership will help smart Europe to transform its D2C business model in Europe and offer improved customer experience, data-driven personalisation, and engagement for its existing and upcoming all-electric models
Africa and Gulf Bank taps Temenos to transform digital and core banking capabilities
Temenos’ digital and core banking solution will allow the Sudanese bank to offer new products faster to retail and corporate clients in the country and across the globe
CSI, Dragonfly Financial partner on business banking and cash management capabilities
Through the partnership, CSI will utilise Dragonfly Financial’s Universal Online Banker platform
Experian’s data network aims to help US automotive lenders fight fraud
The Hunter Automotive Fraud Alliance builds on the company’s recent announcement of a fintech-focused version of Experian’s Hunter in the U.S., as well as the data network’s 30-year track record of success across the globe
LSEG to transform finance operations with Oracle Cloud
By leveraging Oracle Fusion Cloud and Oracle Financial Services Applications, LSEG will increase efficiency, lower costs, and enhance its financial planning, forecasting, and controls
Fintech venture fund Flourish Ventures secures $350m in capital
The new funding brings the early-stage venture firm’s total assets under management to $850m
Stellantis to buy 20% stake in Leapmotor with €1.5bn investment
As part of the deal, the parties also intend to establish a joint venture, dubbed Leapmotor International, which will have exclusive rights for the export and sale and manufacturing of Leapmotor products outside Greater China
Synechron announces opening of Riyadh, Saudi Arabia office
This new location enables Synechron to amplify its local presence as it partners with regional clients