Bank-FinTech collaboration continues as more industry stakeholders consider the value of open banking and areas of operations most prime to benefit from the business model. This week’s examination of the latest tie-ups include a new partnership between Coupa and BNP Paribas, as well as a...
Saxo Bank has partnered with five other banks in what it says is a way to help more customers access Saxo’s trading and investment solutions, a press release says. Saxo Bank has partnered with five Danish SDC member banks, Sparekassen Vendsyssel, Sparekassen Thy, Middelfart Sparekasse,...
Saxo Bank has divested its global B2B payments solution Banking Circle, according to a Monday (July 9) press release. Investment firm EQT, through EQT VIII fund and EQT Ventures fund, reached an agreement with Saxo Payments Banking Circle founders to acquire the assets, the company...
U.K. banks — and large banks everywhere — are losing market share in their corporate clients’ FX needs, new data revealed. According to reports Wednesday (Jan. 11), East and Partners found that, across 2,000 SMEs and large U.K. companies, the volume of foreign exchange services...
April 16, 2024
Saxo Bank is reportedly pursuing a possible sale following an ill-fated attempt to go public. The Danish bank, which offers digital investment and trading services, recently invited investment bankers to audition for advisory roles in a possible sale, sources told Reuters in a report published Tuesday (April 18). Two of the four sources cited in the Reuters […]
