Mexico’s credit alternative challenger Klar lands $15m Series A
“We help people build credit by looking at how and where they spend their money.”
“We help people build credit by looking at how and where they spend their money.”
The start-up says it has doubled its valuation in just over a year.
TreeCard, set to launch next year, is made of sustainable cherry tree wood.
Payments processing firm plans to branch out from Europe and South East Asia.
FundThrough aims to eliminate the “wait” for SME payments
Paystack has 60,000 business customers across Nigeria and Ghana.
The bank claims Plaid is violating its trademark and tricking customers into handing over data.
Bank says CSI has been behind it “all the way.”
CUNA has been an early-stage investor in CuneXus since 2017.
Williams likens it to the “Russian doll effect”.
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Wealthsimple serves some 1.5 million users.
The OCC found examples in 2016 and 2019 of failure to oversee third party companies.
The JPMorgan Chase app has around 39 million ‘active’ customers.
Military-supporting lender found to have failed risk management.
Of its 15 investments, three were founded by Revolut alumni.
Richard Hodgson, Shaun Puckrin, and Jerome Gudgeon join the payments firm.
Each month, the digital challenger promises to gift $10,000 to Black or Latinx businesses.
“This shows Visa’s commitment to onboard other companies which develop crypto.”
“We want to invest in products, in customers and invest in continuing to grow globally,” says Marqeta.
Fintechs in the BNPL space have seen their valuations rocket.
The fintech is piggybacking off Texas-based Spur Security Bank.
“The heavy lift will be the technology upgrade, which [the regulators] will micromanage.”
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“We have a larger obligation to deliver fairness.”
BoA has acquired approximately 5% of the bank’s common equity.
The fintech allowed consumers to invest in Notes, corresponding to fractions of loans.
All merchants can upload their logos at logo.ethoca.com for inclusion in online banking and payment apps.
“Once you strip back a lot of the functionality in retail banking it’s more about experience than solving issues.”
The undisclosed strategic injection sees Citi deploy some Genesis tech.
The new tech “enables non-IT staff to take multiple complex data sets and compare them within seconds”, says CIO.
Goldman reportedly beats Barclays to nab consumer credit pool worth $8.5bn.
Costs, compliance and confusion need to be solved by new technology, says panel.
Jamie Dimon believes plenty of outsourcing firms “have no idea what they’re doing”.
“In Europe, these [smaller] banks are the vast majority.”
The solutions are available globally through Swift, Faster Payments, CHAPS, SEPA and local clearing.
Former Infosys veteran joins Temenos to build on US drive.
Almost a third of consumers find the idea of banking with a Big Tech appealing.
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SAP to deploy Morgan Money on its client-facing delivery platform.