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MTS Bank announces IPO despite Russian banking sanctions – Reuters

Russia’s MTS Bank has announced it will hold an initial public offering (IPO), despite current Western sanctions on Russian banks.

Russia , Moscow , Moskva , Ukraine , Russian , Mts-bank , Reuters , Russian-central-bank , Us-treasury-department , Finextra , News

Citi ends first quarter as Asia-Pacific's top ECM underwriter

Citi emerged as the top underwriter for equity capital markets (ECM) in Asia ex-Japan for the first quarter (Q1) of 2024, continuing the strong momentum built in 2023. At the end of Q1, Citi commanded a total issuance volume that was double that of the next closest competitor.

United-states , India , Taiwan , Australia , American , Kenneth-chow , Udhay-furtado , Hana-bank , Tata-sons-in-consultancy-services , Global-depository-receipt , American-depositary-receipts , British-american-tobacco

Jack Henry signs United Bank

Jack Henry™ (Nasdaq: JKHY) announced today that United Bank selects Jack Henry to support its growth, modernize operations, and gain a competitive edge.

Alabama , United-states , Florida , Stacey-zengel , Jack-henry , Mike-vincent , United-bank , Bank-solutions , United-bancorp , Community-development-financial-institution , Alabama-inc , Banno-digital-platform

Equity Bank and Mastercard team on cross-border money transfers in Kenya

Mastercard and Equity Bank have announced a strategic collaboration that will enable Equity Bank customers to send money safely and securely to 30 countries. This collaboration marks a significant milestone for cross-border financial transactions in Kenya.

Kenya , Mark-elliott , Mastercard , Equity-branch-location , Equity-bank , Equity-group-holdings-plc , Border-services , Central-bank , Sub-saharan-africa , Mastercard-cross-border-services , James-mwangi , Group-managing-director

Pomelo names Steve Vickers CEO

Pomelo Group, the Singapore based payment infrastructure platform that enables financial institutions to offer modern payment solutions to their end users, today announced that Steve Vickers, formerly COO of Paysend and CEO of Thunes, has been appointed Chief Executive Officer and will join the company’s Board of Directors.

Singapore , London , City-of , United-kingdom , Vincent-choi , Neil-cuthbert , Simon-verraest , Endre-sagi , Pomelo-group , Payments-industry , Managing-director , Southeast-asia

Viva.com and Bancomat form partnership

Viva.com, Europe’s first technology bank powering merchant payments acceptance on any device in 24 markets, and Bancomat, the leading payment network in Italy, announced today their strategic partnership.

Italy , Italian , Harry-xenophontos , Oscar-occhipinti , Any-device , Smart-checkout , Chief-partnerships-officer , Finextra , News , Online , Bank

N26 launches joint accounts in 21 markets

N26, Europe’s leading digital bank, today announced the launch of Joint Accounts in 21 new markets. Joint Accounts allow N26 customers to manage both their personal finances as well as finances shared with a partner – all in the N26 app, and at no extra cost.

Belgium , Greece , Iceland , Slovenia , Liechtenstein , Finland , Estonia , Netherlands , Latvia , Ireland , Luxembourg , Denmark

TransferGo secures $10m investment from Taiwania Capital

TransferGo, the global fintech empowering a world on the move, today announced securing a 10 million USD investment from Taiwania Capital, a leading venture capital firm in Taiwan, backed by Taiwan’s public and private sectors.

David-weng , Mitch-yang , Daumantas-dvilinskas , Transfergo-co , Transfergo-co-founder , Taiwania-capital , Managing-partner , Southeast-asia , Finextra , News , Online , Bank

Revolut secures Mexican banking license

British-based fintech Revolut has set its sights on Mexico after securing a banking license in the country.

United-states , Brazil , Mexico , United-kingdom , America , Juan-miguel-guerra , Securities-commission , National-banking , Latin-america , Finextra , News , Online