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QI Tech becomes new LatAm fintech unicorn in Series B exttension

QI Tech (the “Company”), a leading financial services infrastructure provider in Brazil, today announced it has extended its Series B round, raising additional equity with current investor General Atlantic, a leading global growth investor, as well as Across Capital.

Brazil , Brazilian , Pedro-mac-dowell , Luiz-ribeiro , Brazilian-central-bank , Credit-company , Qi-tech-the-company , General-atlantic , Mac-dowell , Direct-credit-company , Managing-director , Finextra

Deutsche Bank Q1 Results: Profit jumps 10% as investment bank outperforms

Deutsche Bank posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at its investment banking division.

United-states , Germany , Switzerland , German , Olaf-scholz , Barclays , Deutsche-bank , Moody , European-central-bank , Chief-executive-officer-christian-sewing , Chancellor-olaf-scholz , Revenue

QI Tech becomes new LatAm fintech unicorn in Series B extension

QI Tech (the “Company”), a leading financial services infrastructure provider in Brazil, today announced it has extended its Series B round, raising additional equity with current investor General Atlantic, a leading global growth investor, as well as Across Capital.

Brazil , Brazilian , Luiz-ribeiro , Pedro-mac-dowell , Brazilian-central-bank , Credit-company , Qi-tech-the-company , General-atlantic , Mac-dowell , Direct-credit-company , Managing-director , Finextra

Forget rate relief: Most Canadians are about to see their mortgage interest payments soar

Renewing borrowers face a much higher interest rate environment, even if the Bank of Canada cuts rates later this year

Canada , Canadians , Canadian , Tania-bourassa-ochoa , Housing-corp , Log-increate-free , Mortgage-professionals , Canada-mortgage , Cent , Mortgage , Rate , Rates

Opinion: The pay for Manulife's CEO is head and shoulders above peers

Chief executive Roy Gori now receives 20 per cent more than RBC’s top officer

Montreal , Quebec , Canada , Toronto , Ontario , Canadian , Scotia-scott-thomson , Charles-brindamour , Dave-mckay , Jeffrey-orr , Luke-shane , Victor-dodig

Delinquency ratio on bank loans in Korea edges up in February

The delinquency ratio on loans extended by banks in Korea inched up from a month earlier in February, data showed Wednesday.

Seoul , Soult-ukpyolsi , South-korea , Financial-supervisory-service , Financial-supervisory , Household-loan , Loan , Market , Korea , Bank , Corporate-loan

Hitachi Payment: Hitachi Payment unveils ATM that doubles up as cash recycler

Most banks offer deposit services at branches, and withdrawals can happen at off-branch locations. With a way to upgrade ATMs to CRMs, banks eliminate the need to replace ATMs. These machines will be UPI-enabled for cash deposit and withdrawal.

Mumbai , Maharashtra , India , Sumil-vikamsey , Hitachi-payment-services , Business-at-hitachi-payment-services , Cash-business , Hitachi-payment , Atm , Crm , Bank , Crms

Commercial Bank wins two awards at 2024 International Finance Magazine awards

Commercial Bank wins two awards at 2024 International Finance Magazine awards

Qatar , Sudheer-nair , Shahnawaz-rashid , International-finance-magazine , Card-payment-service , Head-of-retail-banking-at-commercial-bank , Commercial-bank , Finance-magazine , Fastest-growing-credit-card-issuer , Best-card-payment-service , International-finance-magazine-awards , Executive-general-manager

Lloyds Bank holds guidance as Q1 profit falls £28% on margin squeeze

Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.

Lloyds , Bank , Holds , Guidance , Profit , Falls , Mp-pound-28- , Margin , Squeeze , Category-all , Category-company-news

RBI: Taking a loan? This small paper can save you big

Borrowers are baffled and confused when signing loan documents. These documents have critical clauses scattered all across. The terms, too, are written unclearly. Now RBI has introduced a significant change in how these documents will be written.

Mumbai , Maharashtra , India , China , Chinese , Apurva-palande , Bajaj-finance , Rbi , Loan , Borrowers , Terms-and-conditions