Blockchain platform issues first digital green bond
The European Investment Bank (EIB) has issued its first digital green bond on a blockchain-based platform developed by SEB and Credit Agricole.
CommerzVentures closes €300m third fund
Germany’s Commerzbank has committed €300 million to the third CommerzVentures fund, which will invest in startups in fintech, insurtech and climate fintech.
Citi leads investment round in Colombian B2B fintech Supra
Citi has led an investment round in Colombian B2B payments startup Supra.
Fed holds rates steady and inches closer to cutting in future
The Federal Reserve held interest rates steady for the fourth straight meeting and signaled its openness to cutting them, though…
Ford Credit’s Flex Buy volume to jump 25%
Ford Credit’s Flex Buy program volume is on track to grow 25% year over year. The program allows consumers to…
Insurers target crypto market
The global insurance industry is turning its attention to the risks posed by cryptocurrencies and digital assets, judging by recent product announcements.
Podcast: Lenders’ Q3 originations climb
More auto lenders announced year-over-year origination growth last week in their third-quarter earnings reports. Carvana posted a 35.5% YoY increase…
Wells Fargo to sell San Francisco HQ to favour US East Coast – WSJ
Exclusively reported by The Wall Street Journal, the bank’s San Francisco Financial District office may be for sale later this month.
Jehl now CEO and board member for Open Lending
Open Lending Corp. removed the interim tag on Thursday and made Chuck Jehl its CEO and a member of its board of directors, effective immediately. Jehl had served as the company’s interim CEO and chief operating officer since March. Open … [Read More]
BNP Paribas launches UK fintech incubator
BNP Paribas Personal Finance has joined forces with SuperTech to launch a UK innovation lab aimed at addressing data-led challenges in the financial services sector.
Euroclear and Digital Asset team on tokenised collateral mobility
Post trade body Euroclear and blockchain firm Digital Asset have launched the first phase of the tokenised collateral mobility initiative for the Canton Global Collateral Network (GCN).
Safe-Guard to open new call center in South Carolina
On Tuesday, Safe-Guard Products International announced it will expand its call center services this year with a new location in Greenville, S.C. Located just southeast of downtown and only two-and-a-half hours from the company’s Atlanta headquarters, the provider of branded … [Read More]
PayPal invests in Latin American spend management platform Mendel
Latin American enterprise spend management platform Mendel has raised $35 million in a Series B funding round led by Base10 Partners and joined by PayPal Ventures.
Klarna considers autumn IPO revival
After pausing plans for its initial public offering amid market turbulence in the spring, Klarna is looking to revive its listing this autumn.
Stellantis CFO steps down in further reshuffle of top ranks
Stellantis NV Chief Financial Officer Doug Ostermann is stepping down, another change at the top of the automaker that’s under…