US fintech Credit Karma launches new Net Worth product
Credit Karma’s users will be given a full picture of their financial status to help them plan their future.
Credit Karma’s users will be given a full picture of their financial status to help them plan their future.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Through the partnership, Giact says it will be able to deploy Nacha-compliant account verification solutions.
Retailers, service providers and banks “can build up a presence in Web3”, using a modular design method.
The acquisition will help Orion bring in open banking solutions and expand its digital and core banking capabilities.
ACI’s enterprise payments platform will modernise the bank’s payments infrastructure.
Our weekly fintech round-up for you to get the latest funding news from around the world.
A handy round-up of the recent funding endeavours of fintech companies across the UK.
The consortium consists of D Squared Capital, Moneta VC and Ventura Capital.
The Alkami platform will provide a “consistent” user experience for Kennebec business customers.
Tintra plans to link emerging market clients with global financial opportunities.
HMBradley will utilise the vendor’s cloud-native core banking platform Vault Core to power its services.
The bank plans to repay all deposits it holds and is also hoping to preserve the residual value of its assets.
CEO Johnny Ayers says the firm plans to invest in “new solutions, verticals, and strategic acquisitions”.
Through the partnership, Mashreq will leverage i2c’s SaaS platform to offer digital payments.
With the new funding, Fynn plans to expand across the US and offer its services to more students.
The acquisition, for an undisclosed sum, will broaden TT’s multi-asset capabilities.
Accounts will be closed on 6 April 2023, with customers instructed to withdraw all funds before that deadline.
AML RightSource’s tech will automate Golden 1’s transaction monitoring investigations and reporting.
O’Connor Kolaja replaces former CEO Craig O’Neill, who is set to move to an advisory role within the firm.
The funding round was led by Altos Ventures, with existing investor Cercano Management also participating.
The fresh funding comes just weeks after the firm’s decision in January to lay off 120 staff.
Bank BTPN says the partnership with Surecomp means “we can future-proof our trade finance business”.
With Confirmation of Payee, Allica customers will be protected from fraud and misdirected payments.
Lenvi is a combination of Equiniti’s EQ Credit Services, EQ Riskfactor, and EQ KYC Solutions.
Swiatek joins Moniepoint from Capital One, where he served as managing vice president for over four years.
Davies will use her expertise and connections to promote Digiseq services to banks, issuers and processors.
Founded in 2020 and based in Paris, Aria offers an API-led B2B financing solution.
Marcus previously spent seven years at Meta and co-created the firm’s cryptocurrency Diem (formerly Libra).
The round was led by Pivot Investment Partners and UBS via its venture arm UBS Next.
According to The Irish Times, the firm’s liabilities have outstripped its assets by €2.5 million ($2.6m).
Griffin will now be able to operate as a bank in the UK with deposit-taking restrictions.
Nationwide will migrate all types of retail payments from an on-premise platform to the Form3 cloud.
N2F is looking to expand across Europe and will recruit 200 new employees over the next five years.
The company plans to grow its loan book and boost its staff headcount.
Customers will soon be able to make payments to small businesses directly from WhatsApp.
The central bank claims Amazon Pay India didn’t comply with “certain provisions” of KYC and PPI directions.
The deadline for nominations is Friday 17 March, so don’t leave it too late!
Fintech Business Weekly reports the firm is raising $50m at a $1.8bn valuation, a 28% decline in value.
Awori brings more than 25 years of banking industry experience to the leadership role, Ecobank says.