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Fintech unicorn Monzo appoints first-ever female US CEO
United Kingdom-based challenger bank Monzo has recruited Carol Nelson as its first-ever female US Chief Executive Officer to lead the fintech unicorn’s expansion in the states. In May 2020, the Co-founder of Monzo, Tom Blomfield stepped down as CEO and moved to the President slot...
Sydney-based A1 Technologies nabs Brennan IT Head of Solutions
Australian managed services provider (MSP) A1 Technologies announces that it has appointed former Head of Solutions and National Pre-sales manager of Brennan IT, Clinton Shiels as its new Chief Technology Officer (CTO). Shiels has experience of more than a decade with Brennan IT and has...
Weekly Round Up: Reddit raises $250M, Tesla invests $1.5B in Bitcoin & much more
In case you missed what new and noteworthy has happened around in the tech world in this week, we have covered everything you need to know in this blog. Amongst other news, this eventful week saw some major acquisitions, huge tech funding rounds and investments...
Optus parent organization SingTel assesses potential Accellion data breach
Introduction Parent organization of Australian telecom giant Optus, Singapore Telecommunications Limited said that it is currently investigating the impact of a possible security breach. SingTel says that the cybersecurity breach might have exposed and compromised customer data. In a media statement, SingTel said that it...
Hire now, pay later firm Playter Pay raises £1 million
One of United Kingdom’s fastest growing companies, Playter Pay announced that it has raised £1 million in a funding round led by several investors. The round consisted of both debt and equity which will allow the ‘Hire now, pay later’ company help small and medium-sized...
McKinsey Australia acquires digital-focused consultancy Hypothesis
The Australian arm of American management consulting firm McKinsey has snapped up Melbourne & Sydney-based Hypothesis, a consulting firm that focuses on digital transformation. Hypothesis Founders, Sean Heydenrych and Grant Hartland, are expected to join consulting giant McKinsey as Partners. For this acquisition, SCD Advisory was...
Cashplus Granted Full Banking License by Regulator PRA
UK-based financial technology company Cashplus has finally received a full banking license from the Prudential Regulation Authority (PRU). The fintech has been serving as an e-money institution for several years, Cashplus will now provide its customers as a regulated bank. The credit card lender for...
All You Need to Know About Virtual MarTech Summit 2021
Martech Summits provide a unique platform for the best minds in marketing technology from a wide range of industries through this virtual summit. Martech 2021 summits will be conducted virtually this year and will cover a wide range of topics catering to specific and well...
Fractional share trading platform Wombat Invest raises £2 million seed fund
London-based investment and trading app Wombat Invest secured £2 million in a venture funding round after setting up the business from its 2018 crowdfunding round of about £250,000. The 2 million funding round for the fractional share trading platform was led by Fuel Ventures, a...
