MX ties up $300m in Series C funding
Utah-based firm has raised more than $500m since launch.
Utah-based firm has raised more than $500m since launch.
The fintech’s registered users doubled to 23 million in 2020.
FinTech Futures’ weekly news round-up.
Grab Financial Group saw its total revenues jump up by more than 40% in 2020.
Affirm managed to halve its losses by June 2020.
The implementation is part of an extended deal with BNP Paribas.
Government hopes Raast can host a collection of payment types.
DPR provides its mortgages and savings platform on the cloud for the society.
Lending firm plans to expand team and grow its products with the substantial raise.
Just 22% of the nation didn’t carry personal debt into 2021.
BukuKas says it already serves some 3.5 million customers.
CoinSwitch Kuber is gunning for ten million users this year.
Banking app promises fast account setup and loan processing.
Starling is seeing the benefits of fully utilising its UK banking licence.
AIB, Bank of Ireland, TSB, and KBC pull together to battle fintechs like Revolut.
Options looks to expand its product suite.
Retailer says customers want more of its financial products.
Jonathan Klein joins the neobank from Wayfair.
The UOKiK can fine the studio up to 10% of its annual revenue if it finds fault with its refund policy.
Some investors woke up to their US stocks up over 2000%.
The two had initially intended to close the deal by June 2020.
Mynt-operated firm raises $175m from US investor.
Alami hopes to distribute trillions to SMEs and micro businesses.
SAMA has already “collected the local financial market participants’ feedback”.
The bank is aiming to launch products to the market faster.
Profitable since it began, Checkout is an attractive proposition for investors.
New Zealand Stock Exchange was also the victim of a cyberattack in August.
Another 12 credit unions are scheduled to go live with FLEX’s core processing tech in 2021.
In November, the fintech rebranded to Unlimint from ‘Cardpay’ as part of its expansion plans.
“Operating without a registration is a criminal offence,” says the FCA.
Cappitech had provided its platform for Markit’s SFTR system.
The fintech claims to have two million customers.
Payments processor strips Trump for encouraging violence.
Plattner is CIO for Deutsche Bahn’s IT provider.
Fintech unicorn seeks to transition to full bank in the UK.
In the short-term, Lee’s focus is on putting Hong Kong’s economy “back on the road to recovery”.
Featuring Grab, Mynt, Divvy, Mambu, and SimpleNexus.
Upcoming Islamic bank picks Oracle FS to furnish its core operations.
LettucePay operates on top of Stellar Network, an open source blockchain platform.
The bank is cutting out standalone entities which no longer make sense to operate solo.