US fintech MainStreet lays off 30% of employees
CEO Doug Ludlow cites “today’s incredibly rough market” as the reason for the layoffs.
CEO Doug Ludlow cites “today’s incredibly rough market” as the reason for the layoffs.
BehavioSec tracks mobile touchscreen signals to continuously authenticate identity and prevent fraud.
Column is the only nationally chartered developer infrastructure bank in the US.
CNote has already started moving Apple’s money into the communities through its platform.
The round comprises of $10 million in equity financing and $100 million in debt financing.
The Montreal-based fintech was founded in January 2020 and launched in May 2021.
ConnectOne plans to launch the new digital business banking vertical by the end of the year.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Savino will head up a fintech start-up team as the consultancy looks to bring a new BaaS solution to market.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
First Bank says Finzly’s Payment Hub “gives us the speed and agility to offer a fintech-like payment experience”.
The EU Commission claims Apple has violated anti-trust rules for the benefit of its own Apple Pay.
First United says the partnership will support its “vision to elevate 10 million lives by the year 2030”.
Under the deal, Long Game’s engineers, designers and business leaders will join Truist’s innovation team.
Accern CEO says: “With this funding, we will scale sales and marketing to empower more citizen data scientists.”
The early-stage round was led by Matrix Partners and saw participation from PayPal Ventures.
The new funds will be used to expand its merchant network and product offering.
Point enables homeowners to unlock equity from their homes.
Bloom enables teenagers to start building wealth by investing in the stock market and learning about finances.
This week’s funding round-up includes three North American fintechs – CoreChain, OneVest & Crowdz.
“This authority gives us critical agility to move as quickly as the market,” CFPB director Rohit Chopra says.
The latest round takes Copper’s total capital raised to date to $42.3 million.
Cogni claims to be focused on bridging the gap between Web2 and Web3 capabilities.
CEO Vlad Tenev cites duplicate roles and job functions and “more layers and complexity than are optimal”.
Nexa Equity aims to scale Choice through both “organic initiatives” and strategic acquisitions such as DPC.
The company was founded by WePay alumni Parag Gupta (CEO) and Sankate Sharma (CTO).
MoneyGram responded to the “baseless claims”, adding it is “fully prepared to vigorously defend itself”.
The partnership will offer new debit and credit card capabilities for businesses and consumers.
Multicent will offer personal and business accounts, a crypto exchange and merchant services.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The Alkami Platform will power ORNL FCU’s growing digital offering, with new services set to be rolled out.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The emergence of new privacy regulations in the US and recommendations for the next wave of compliance.
The round saw participation from Citi, State Street, Blumberg Capital, LionBird Ventures and Team8 Capital.
Robinhood says the deal forms part of its mission to “democratise finance”.
The round was led by Fuel Venture Capital and IDC Ventures.
Pry CEO Andy Su says: “With Brex’s scale and reach, we can have a much bigger impact right away.”
New digital brand AlumniFi is targeted at Michigan-based alumni.
The new funding brings the firm’s total capital raised to date to $70 million.
James Phillips joins Stripe after a decade at Microsoft.