Token, a turnkey open banking platform provider, has secured $16.5m in a funding round led by BNP Paribas’ venture capital unit Opera Tech Ventures. In …
Growth Street raises further £10m
Growth Street has closed a new funding round, raising an additional £10m. The funding round is led by existing investors Merian Chrysalis, advised by Merian …
Prosperity Bancshares to acquire LegacyTexas Financial Group for $2.1bn
Prosperity Bancshares has signed a definitive agreement to acquire LegacyTexas Financial Group for about $2.1bn. Pursuant to the terms of the agreement, LegacyTexas Financial Group’s …
Saudi lenders SABB and Alawwal bank finalise merger
Saudi British Bank (SABB) and Alawwal bank have officially combined their banking operations, following regulatory and shareholder approvals. The SABB-Alawwal merger creates the third largest …
Eurobank closes acquisition of Piraeus Bank’s Bulgarian subsidiary
Bulgaria’s Postbank, a subsidiary of Greek Eurobank Ergasias, has completed the acquisition of the Bulgarian subsidiary of financial services firm Piraeus Bank for €75m ($84m). …