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Citigroup Appoints Yolande Piazza As Permanent Head of Fintech Unit

On Thursday, Citigroup announced it appointed Yolande Piazza as the permanent head of its fintech unit, Citi Fintech. According to PYMNTS, Piazza assumed the role as interim head in August when...

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World Economic Forum Convenes New Consortium Including Citigroup, Zurich...

The World Economic Forum announced the creation of a new consortium to strengthen cybersecurity for fintech companies and data aggregators. The consortium’s founding members include global bank...

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Oodle Car Finance Secures $100 Million Warehouse Facility From Citi

Oodle Car Financing, a UK-based car fintech startup, has secured a 100 million facility from Citigroup. Founded in 2016, the company states its goal is match customers with the right loans, cars, and...

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Digitally Engaged Banking Customers Reported Greater Satisfaction than Users...

Mobile and online banking users have increased significantly due to the COVID-19 pandemic. This, as banks across the globe have taken measures to limit or restrict in-person visits to physical...

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Chinese Fintechs Must Realize that their Products can Subject Consumers to...

Alibaba founder Jack Ma’s plans to establish Fintech companies like Ant Group and launch IPOs in China were recently put on hold when the country’s regulators decided to make updates to regulatory...

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Stock Trading in Hong Kong has Increased Significantly Compared to Volumes...

Stock trading volumes in Hong Kong have reportedly increased by as much as 4x compared to those on London’s main stock exchange, as large tech stocks continue to attract investors from other...

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Singapore Fintech BondEvalue Acquires $6M via Series A from Citigroup,...

Singapore-headquartered Fintech firm BondEvalue has secured $6 million in capital through its Series A round. The company has raised $10 million in total (to date). MassMutual Ventures Southeast Asia...

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Citigroup Markets Exec Reportedly Leaves Bank to Establish Fintech Investment...

Dan Keegan, who recently worked as Citigroup’s Head of North American markets, has decided to leave the banking institution to establish an investment fund that is mainly focused on Fintech firms....

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UK’s FCA Fines Citigroup’s International Broker-Dealer £12.6M for Failures...

The UK’s Financial Conduct Authority (FCA) has fined Citigroup Global Markets Limited £12,553,800 “for failing to properly implement the Market Abuse Regulation (MAR) trade surveillance requirements...

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Citi and Apollo Introduce $25 Billion Private Credit, Direct Lending Program

Citigroup Inc. (NYSE: C) and Apollo (NYSE: APO) announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion...

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