presence

Lucid’s Retail Presence Expands Further in California

Lucid Motors, the electric vehicle (EV) manufacturer, is expanding its retail presence in California. The company has opened four new retail locations in the state, bringing its total number of retail locations to nine. This expansion is part of Lucid's plan to increase its retail footprint in key markets across the United States.The new retail locations are located in San Jose, Walnut Creek, Los Angeles, and San Diego. Each location features a showroom where customers can view Lucid's vehicles and learn more about the company's technology and design philosophy. In

Belvo expands its services in Brazil by offering payment initiation capabilities.

Belvo, a leading open banking platform in Latin America, has announced its expansion of services in Brazil by offering payment initiation capabilities. This move is expected to revolutionize the payment industry in Brazil and provide a more streamlined and convenient payment experience for consumers and businesses alike.Belvo's payment initiation service allows users to initiate payments directly from their bank accounts, eliminating the need for third-party payment providers. This service is made possible by Belvo's integration with Brazil's instant payment system, PIX. PIX is a new payment system launched by the

UBS Acquires Credit Suisse for $3.2B After Receiving Offer from Justin Sun

On April 8th, 2021, UBS announced that it had acquired Credit Suisse for $3.2 billion after receiving an offer from Justin Sun, the founder of Tron. This acquisition marks a major milestone in the history of the Swiss banking industry, as it will create the largest financial services provider in Switzerland. The deal was first announced in February 2021, when Sun made an offer to acquire Credit Suisse. UBS then stepped in and offered to buy the bank for $3.2 billion. The deal was approved by both UBS and Credit

UBS Acquires Credit Suisse for $3.2B After Offer from Justin Sun

In a move that has surprised many in the financial industry, Swiss banking giant UBS has acquired Credit Suisse for a reported $3.2 billion. The acquisition was made after an offer from Justin Sun, the founder of cryptocurrency platform TRON. The deal between UBS and Credit Suisse was announced on April 1st, 2021. The two companies have been in talks for months, and the acquisition is expected to create a new banking powerhouse in Switzerland. UBS will now be the largest bank in the country, with Credit Suisse coming in

UBS Acquires Credit Suisse for $3.2 Billion Following Offer from Justin Sun

In a major move, Swiss banking giant UBS has acquired Credit Suisse for $3.2 billion following an offer from Justin Sun. The acquisition is the largest ever in the Swiss banking sector and is expected to create a banking powerhouse in Switzerland. The deal was announced on April 15th, 2021 and is the result of a long-term strategic partnership between UBS and Credit Suisse. The two banks have been working together for several years, and the acquisition is seen as a way to strengthen their combined presence in the Swiss

UBS Acquires Credit Suisse for $3.2B Following Offer from Justin Sun

In a major move, UBS Group AG has acquired Credit Suisse Group AG for $3.2 billion following an offer from Justin Sun, the founder of cryptocurrency platform TRON. The acquisition is the largest of its kind in Switzerland and will create a banking powerhouse in the country. The deal was announced on June 15th, 2020 and is expected to close in the second half of 2021. It will create a banking giant with assets of around $1.3 trillion and more than 60,000 employees. The merger will also create a new

UBS acquires Credit Suisse for $3.2B after receiving an offer from Justin Sun

Swiss banking giant UBS has acquired Credit Suisse for $3.2 billion, following an offer from Justin Sun, the founder of cryptocurrency platform Tron. The acquisition marks a significant move in the banking industry, as UBS becomes one of the largest banks in the world, with a combined market capitalization of over $100 billion.The deal comes after months of speculation about the future of Credit Suisse, which has been struggling with a series of scandals and regulatory issues. In recent years, the bank has faced fines and legal challenges related to

Flutterwave Secures Two Licenses from Rwandan Central Bank to Expand Nigerian Fintech Presence

In a major move to expand its presence in the Nigerian fintech space, Flutterwave, a leading African payments technology company, has secured two licenses from the Rwandan Central Bank. The licenses will enable Flutterwave to offer its services in Rwanda and other countries in the region.The two licenses, which were granted by the Rwandan Central Bank, are the Payment Services License and the Electronic Money Issuer License. The Payment Services License will allow Flutterwave to offer payment services such as money transfers, payments, and merchant services. The Electronic Money Issuer

Flutterwave Secures Licenses from Rwandan Central Bank to Operate in Financial Services Sector in Rwanda

Flutterwave, a leading African fintech company, recently announced that it has secured licenses from the Rwandan Central Bank to operate in the financial services sector in Rwanda. This marks a major milestone for the company, as it is now able to provide financial services to customers in the country. The licenses allow Flutterwave to offer a range of services, including payments, remittances, and other financial services. This will enable customers to make payments and transfer money quickly and securely. The company is also working on launching its own digital wallet,

Fintech News Roundup: March 12-18, 2023

The world of fintech is constantly evolving, and this week was no exception. From new developments in cryptocurrency to the latest advancements in blockchain technology, here’s a roundup of the biggest news stories from the world of fintech for the week of March 12-18, 2023. Cryptocurrency News: This week, the world’s largest cryptocurrency exchange, Coinbase, announced that it will be launching a new platform for trading digital assets. The platform will allow users to trade a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more. Coinbase also revealed that it

Fintech News Roundup for Week of March 11-18, 2023

It's been another busy week in the world of fintech, with plenty of news and developments to keep up with. Here's a roundup of the top stories from the week of March 11-18, 2023:1. Apple Pay Launches in India: Apple Pay has officially launched in India, allowing customers to make payments using their iPhones or Apple Watches. The service is currently available to customers with Axis Bank, HDFC Bank, and SBI cards, with more banks expected to be added soon.2. Goldman Sachs Launches Digital Bank: Goldman Sachs has launched a