Six Black-owned banks receive funding from Well Fargo’s $50m MDI pledge
The banks will have access to a dedicated Wells Fargo relationship team.
The banks will have access to a dedicated Wells Fargo relationship team.
We round up some of the funding rounds that may have slipped you by.
ION Group has bought a handful of other firms to date.
Currently, the start-up makes money on partial interchange fees.
Southwestern US bank picked SilverLake after feedback from its peers.
Neeraj Singh replaces retiring Torben Ostergaard.
The start-up wants to become a full-service community bank.
Terafina marks NCR’s third acquisition this year.
Silicon Valley-based institution looks to the future with digital vendor.
Between last October and December, revenue was up 38%, to $54 million.
Stash’s last valuation sits at around $812 million.
This month, the start-up opened its waiting list.
Payoneer is reportedly profitable and expects to pull in $432 million in revenues this year.
The start of February has seen a whole host of funding rounds around the world.
2020 set unprecedented records for PayPal, but its 2021 outlook is more conservative.
First Horizon to deploy Finxact in its subsidiary brand VirtualBank
Rates of up to 7.4% annual percentage yield (APY) will apply.
Sarah Howell joins as chief alliance officer, while Larry McClanahan is chief product officer.
Allegations allege Robinhood succumbed to pressure from big-paying hedge fund clients.
Clarity Money is due to close on 5 March.
Ripple has maintained that XRP is not a security and has vowed to fight the SEC charges.
Barclays’ 2021 cohort includes four data-focused fintechs.
A breakdown of the benefits and challenges presented by each merchant pricing model.
Partners already include AFEX and MoneyCorp.
Featuring Albert’s $100 million Series C funding round and Crux Informatics’ $36 million convertible note.
Our resident Gen Z’er, Ruby Hinchliffe, shares her three predictions for 2021.
Consumers started to move from contactless to contact-free in 2020.
Featuring Robinhood, Nubank, Melio Payments, Albert and Rhino.
Check says it already works with 100,000 small businesses in the US
A look at what the rest of this year might have in store for the world of financial services and fintech.
Lending start-up plans extra growth after round led by QED Investors.
US-based insurtech believes the industry is set for “explosive growth”.
The SEC is “actively monitoring” the “ongoing market volatility”.
Two-year-old Fast has enjoyed exponential growth in the last year.
Atlanta-based de novo bank deploys SilverLake in the cloud.
“We see that there is definitely an appetite for what we’re doing,” says co-founder, Ryan Glover.
The Spac is eyeing up fintech, wealth management and gaming sectors.
The fintech calls it “an interactive graphical user interface (GUI)”.
A permanent shift to New York would be particularly damaging for London.
Five reasons why the banking world, including fintech challengers, needs to sit up and take notice.