Supreme Court will consider constitutionality of CFPB
This case may be the most serious challenge yet to the decade-plus-old agency, which was founded in the wake of the 2008 financial crisis...
This case may be the most serious challenge yet to the decade-plus-old agency, which was founded in the wake of the 2008 financial crisis...
The plans are part of a push to encourage financial innovation which will be co-ordinated through a new Centre for Finance, Innovation...
The FTC has been scrutinizing the Black Knight deal for months amid concerns from some U.S. lawmakers the pricing power ICE would gain in...
Between 2022 and 2027, the fintech market is forecast to see a compounded annual growth rate of 20.5%, increasing by $277.2 billion....
Fintech was on fire in 2021, with 77 public listings — including eight of largest 10 fintech exits in history. However, in 2022 public...
Introducing: Founders Day.
"In celebration of #BlackHistoryMonth, we hosted Black and African American leaders from across the country to highlight the...…
Marijuana banking legislation is receiving another look only weeks after it hit a wall with Republicans and was not attached to a...
In just 5 years, a little-known company called Transactive, based on the outskirts of London, has grown into a payments-industry...
UK based carbon market insurance provider raised £4m in Seed funding led by Octopus Ventures.
“This is a mammoth task, and it requires de-risking and access to capital for carbon removal solutions. Insurance can act as a...…
San Francisco based income-backed DeFi protocol raised $8.3m in Seed funding led by Race Capital and Distributed Global.
“Decentralized finance leverages smart contracts to automate lending and settle transactions in seconds with full traceability. This is...…
The commitment would be parallel and separate to a possible investment in the First Boston unit that Apollo is also discussing. The firm...
The banking giant is clamping down on the use of ChatGPT by its employees amid compliance concerns. The clampdown signals the limits of...
The bank is setting up a special vehicle open to its private-wealth clients for investing in just one asset: Stripe’s roughly $4b...
Florida-based cannabis banking solutions firm Green Check Verified announced Thursday that it had successfully completed a Series A...
Germany based finance operating system for SMBs raised $10m in Series A funding led by Capital 49.
U.K. based cyber insurance and cybersecurity startup raised $15.4m in Series A funding led by Oxx.
“We have spent a long time searching for the right business model that can enact a step-change in this important & enormous market....…
San Diego based estate-planning tech maker raised $15m in new funding led by Amex Ventures.
"Trust & Will pledges to provide an 'easy and secure' way to create estate plans and settle estates online, with the ability to customize...…
As a result of the merger, Minu will integrate Plerk’s digital prepaid employee benefits card into its services, further bolstering its...
Mortgage rates have risen sharply in recent weeks, reversing what had been a steady drop from nosebleed levels. One result, predictably,...
Homebuyers, already facing record-high prices, took an additional hit from mortgage rates that more than doubled last year. With less...
Tech companies laid off at least 160,000 workers in 2022, and the cutting has continued into 2023, with more than 100,000 additional...
It will support payment methods using Google Pay, Mastercard, Visa and American Express debit and credit cards; and it will integrate...
The deals aims to to allow Google Cloud's corporate clients to develop and deploy web3 applications on the Tezos blockchain using...
Dubai based blockchain indexing startup raised $4m in Seed funding led by Blockchain Capital.
"We don't see anyone offering data that you can grab, you can push, you can keep up to date — it's local, and it's available to you for...…
New York based crypto payments platform built on Solana raised $6m in a Seed funding round led by Sequoia Capital and Multicoin Capital.
"That just opens up the market size for so many companies in magnitudes more than they currently have. Their users don't need to download...…
U.K -based car finance startup raised £8.5m in Series A funding led by QED Investors.
“Frustrated consumers are being put in a corner with excessive rates, manipulated commission, and poor customer service, but it’s the...…
U.K. based credit scoring company raised €9m led by Ikea venture arm Ingka Investments.
"DirectID uses open banking data and predictive models to track credit risks in real-time, providing insights into affordability, income...…
South Africa based car subscription company raised $15m in new funding led by Naspers Foundry and ARS Holdings.
“Safe and reliable transport is a key driver of social and economic inclusion in emerging economies. It enables people to access...…
NYC based crypto on-chain risk platform raised $20m in Seed funding led by Galaxy Ventures and PayPal Ventures.
“At Chaos Labs, we believe that every DeFi protocol must regularly conduct robust risk testing to verify and validate that their economic...…
Australia based payments software startup raised $30m in Series A funding led by NAB Ventures.
"DataMesh provides a single platform for in-store, online and in-app payments, offering full payment orchestration and interoperability....…
San Francisco based payroll, HRIS and benefits API startup raised $40m in Series B funding led by General Catalyst and Menlo Ventures.
“Our biggest differentiator is our focus on employment data. We’re able to offer compatibility with hundreds of systems due to our...…
Embroker this week introduced its new malpractice and cyber bundle for law firms. This bundle - its first vertical offering built on the...
Kenya based HR payroll startup raised $2.7m in pre-Series A funding from Launch Africa, Saviu Ventures and Acadian Ventures.
Thomas Otter, general partner at Acadian Ventures, said in a statement: “Workpay is building a top-notch product, meeting the specific...…
San Francisco based crypto wallet security startup raised $6m in Seed funding led by Andreessen Horowitz.
“We realized the security problems in web3 are product problems, interface problems as well as data problems and security problems,”...…
Mexico City based credit card startup raised $8m in Series A funding led by Magma Partners.
“In Mexico, only 1 in 10 people have access to a credit card, generally because they earn less than what traditional banks require or...…
San Francisco based payments startup focused on digital products raised $9m in Seed funding led by TheGP.
"We believe scaled internet commerce was built primarily with physical goods in mind, and we're excited to build a ground-up commerce...…
California based Web3 infrastructure startup raised $10m in growth funding co-led by Binance Labs and Polychain Capital.
“Polyhedra is pushing boundaries on some of the most innovative ZK infrastructure within web3," said Luke Pearson, a Polychain Capital...…
San Francisco based accounting and financial data platform raised $15m in Series A funding led by General Catalyst.
“We pull natively off of that modern stack to create this single place where a company can see all of their data and how these things...…
Mumbai based SaaS payments platform raised $20m in Series A funding led by PayPal Ventures.
“Mintoak’s modular platform with pay-per-use pricing is white-labelled for each banking partner, which makes the entire proposition...…
Berlin based corporate card startup raised $28m in Series A funding led by SBI Investment.
“Pliant’s vision and unique go-to-market have convinced us that Pliant has the potential to become a dominant B2B card provider”. Ramin...…
Local crypto operators say their presence is clearing up any doubts about Beijing’s attitude toward Hong Kong’s efforts to become a...
U.K. based supermarket chain Tesco is about to kick off a strategic review of its banking arm, Sky News reports, in a deal that could...
The linkage between the two systems went live this week, the two nations’ central banks said at a press conference. Eight banks including...
Mexico based credit card startup raised $8m in Series A funding led by Magma Partners.
“We all come from middle class families here in Mexico. We went to public schools and worked really hard to get scholarships for private...…
Remote based Web3 payments transactions protection company raised $6m in Seed funding led by a16z crypto.
“We realized the security problems in web3 are product problems, interface problems as well as data problems and security problems....…
San Francisco based accounting software platform raised $15m in Series A funding led by General Catalyst.
“We pull natively off of that modern stack to create this single place where a company can see all of their data and how these things...…
Singapore based B2B banking startup raised $100m in Series C funding led by Lightspeed and Sequoia Capital SEA.
This marks Vestwell's twentieth ABLE program partnership and makes the firm the largest ABLE program provider in the country. With this...
The primary function of the partnership is to designate Okta as Plaid's vendor of choice for building the authorization system that...
Across the country, a new revolution is under way in sectors from solar to nuclear, carbon capture to green hydrogen — and its goals are...
The final rules will also improve the processing of institutional trades, says the SEC, by requiring a broker-dealer to either enter into...
The Zelle Network reported a 26% increase in transaction volume in 2022 as the number of participating financial institutions increased...
The names were released for “disseminating information and ensuring greater transparency,” the central bank said on its website. While...
Over recent years, some of Silicon Valley’s leading private companies attracted staff by offering “restricted stock units” that are...
Tel Aviv based crypto cybersecurity startup raised $7m in Seed funding led by Collider Ventures and Disruptive AI.
"When there is a hack, usually it combines several dapps together, it's not for a specific dapp. If you look only on a specific dapp,...…
Pakistan based digital lending infrastructure provider raised $7.5m in Seed funding led by COTU Ventures.
“In essence, we have built better underwriting models for banks. Not only have we lowered the cost of credit scoring and underwriting and...…
London based onboarding verification, monitoring, and risk evaluation platform raised $6m in Seed funding led by MassMutual Ventures.
"Small and medium-sized businesses face a tough business environment, so we want to help where we can. Giving businesses cashback on...…
Tel Aviv based treasury management and payments company raised $9m in Seed funding led by New Enterprise Associates.
"With pre-integrated access to all major banks, payment processors, ERPs, and billing solutions, Ledge’s platform connects directly to...…
Australia based provider of credit and payment platforms to businesses raised $18.6m in Series C funding led by Sequoia Capital Southeast...
Through this partnership, MoneyLion offers a simple, accessible way for its RoarMoney Banking (a FDIC-insured demand deposit account that...
SEC chair Gary Gensler proposed amending federal custody requirements, expanding the rules to include assets like crypto, a change that...
San Francisco based debt management platform focused on Latin America raised $5m in Seed funding led by Andreessen Horowitz.
“The operation is so complex that it is an inefficient process for the parties, who receive Excel documents, which are communicated by...…
Decentralized crypto indexing platform raised $11m in Seed funding led by a16z.
“The goal is low-fee index products designed to enable total market exposure to crypto as a whole.”
South Africa based insurtech company for cars, homes, and valuables, raised $17m in Series B funding led by the International Finance...
Nigeria based African ID verification and KYC compliance company raised $20m in Series B funding led by Costanoa Ventures.
“If you onboard a customer and don’t check biometrics, you may be missing 50% of the fraud. The biometric deduplication engine [our smart...…
Kenya based financial wellness startup raised $3m in seed funding led by DOB Equity.
“During my time at the micro-finance institutions I noticed that close to 65% of workers that banked with us would spend all of their...…
NYC based marketplace for banks to exchange deposits on demand raised $4.5m in Seed funding led by Andreessen Horowitz.
“It’s an over-the-counter market, meaning there’s no marketplace or exchange and the market is very antiquated and opaque.”
NYC based cross-chain tooling and protocol developer raised a $4.5m in Seed funding led by Bain Capital Crypto.
“There currently exist a number of challenges facing cross-chain developers, and our goal is to provide the tools and resources so that...…
Decentralized no-code web3 infrastructure platform raised $9m in new funding led by Sequoia Capital.
“We started the company when we realized developers wanted to build interesting things on the blockchain.”
Texas based insurtech focused on commercial automotive fleets raised $18m in Series A funding led by Insight Partners.
"Large numbers of accidents and high costs of claims in commercial fleets are leading to ever-increasing premiums on commercial auto...…
Decentralized smart contract firm supporting the Monad blockchain has raised $19m in Seed funding led by Dragonfly Capital.
“We’re ultimately building a platform to optimize both consensus and execution […] which ultimately results in a system that can process...…
Switzerland based digital asset infrastructure company raised $65m in Series B funding led by Credit Suisse.
"We see great potential in the digital asset space, that means tokenization of regulated securities."
India based payments firm raised $100m in growth funding led by Ribbit Capital.
“We are excited to continue our partnership with PhonePe as they lead the digital payments sector in India, a market we believe is still...…
San Francisco-based software provider for the private funds industry raised $133m in growth capital led by Owl Rock.
“Juniper Square provides GPs and LPs with a common record for their partnership data while delivering seamless, integrated and...…
Miami based Layer 1 blockchain raised $1.4m in pre-seed funding led by Jump Crypto.
The company aims to make the developer experience frictionless by bringing ‘Build, Ship, Run’ DevOps to Web3 with its isolated,...…
San Francisco based low-code platform for creating Shopify pages raised $4.2m in Seed funding led by Infinity Ventures.
“However, they all still need to launch content and build out their e-commerce experience, and the part that was interesting to us is...…
Tel Aviv based online marketplace for investment and insurance products raised $6m in new funding led by Nir Zuk.
“Using AI, we take away the public’s sense of detachment from financial issues of this kind and shift the knowledge and consumer power...…
New York City based self-custodial exchange raised $6m in seed funding led by Two Sigma Ventures.
"In the wake of this heightened uncertainty and anxiety, there is an opportunity for new entrants to build a more reliable,...…
U.K. based alternative lending software company raised $4.5m in pre-seed funding led by Dutch Founders Fund.
“Our ultimate goal is to supercharge the growth of alternative lenders with complete, easy-to-use software.”
Toronto based cybersecurity insurtech raised $14.4m in Series B funding led by Zurich Insurance Co.
“We’ve seen how difficult it is to build cyber insurance solutions for the small business and consumer segments – it is costly and...…
Singapore based cross-border payments company raised $17m in Series A funding led by Sequoia Capital Southeast Asia.
“Throughout the past 25 years of my career, I have seen how complex cross-border payments can be, including having to juggle keeping...…
A Goldman credit card would’ve been part of a suite of products to help enhance the profit margins and loyalty of its retail efforts,...
Malpass' exit, expected by the end of June, comes months after calls grew from him to step down after he declined to acknowledge the...
The Apple Pay Later service — announced last year but still in the testing phase — will evaluate borrowers based on their spending...
Mercy Corp Ventures (MCV) is looking for startups and organizations operating in Africa, South and Southeast Asia, Latin America, the...
PayPal had hoped to debut the stablecoin, which will be backed one for one by the US dollar, in the coming weeks, but will delay that...
FIS plans to pursue a tax-free spin-off of its merchant business, which processes payments for companies, the sources said. Much of FIS's...
India based EV distribution and financing platform raised $13.8m in Series A funding led by B Capital and Quona Capital.
Turno is currently operational in five states— i.e. Karnataka, Telangana, Tamil Nadu, Delhi NCR, and Maharashtra— covering major...…
Singapore based cross-border payments startup raised $16.9m in Series A funding led by Sequoia Capital Southeast Asia.
In a statement about the funding, Sequoia Capital Southeast Asia vice president Aakash Kapoor said, “Buyers increasingly prefer to use...…
Denmark based neobank raised €35m in growth funding from investors including Heartland, Kinnevik, Tencent, IDC Ventures and Will...
New York based digital payment platform raised $3.5m in Seed extension funding from investors including Lil Baby, Fanatics CEO Michael...
New York based alternative investment data provider raised $25m in Series B funding led by F-Prime Capital.
The platform has over 250 upstream and downstream connections to facilitate streamlined document collection, extraction of data points...…
With the solution developed by American Express and Microsoft, business travelers will be prompted to upload a photo of the receipt each...
By the very nature of their jobs, members of Congress have no business trading stocks. They may have access to classified or otherwise...
Denmark based revenue-planning software company raised €6M in Seed funding led by Project A Ventures.
“By helping revenue operators manage their revenue engine, our revenue planning and execution platform (FP & E) is designed to help...…
Los Angeles based web3 loyalty platform raised $6.5m in Series A funding led by Bitkraft Ventures and Fabric Ventures.
“At our heart, we are really a data company. Our goal is to derive efficient digital signatures of behavior – IRL or online. Our core...…
The ex-CEO originally purchased his stake in May 2022 through Emergent Fidelity Technologies, which was controlled by both Bankman-Fried...
“We are here because we’ve got more than 70 FinTech and payment companies here,” Visa Head of Global Client Services Elizabeth Rector...
The Cardiff company works with digital asset custody and settlement businesses like Sequoia-backed Fireblocks and BitGo through...
With ChatGPT capabilities built in, the platform’s chatbot will be able to learn a users’ preferred airlines, hotels and restaurants, and...
Tokyo based savings startup raised $3.9m in pre-Series A funding led by Saison Capital and Cherubic Ventures.
Liam McCance chief creative officer and co-founder, comments: "The financial advice offered in our private beta showed really promising...…
Denmark based B2B payments company raised €4m in growth funding led by Scale Capital.
Søren Aabel Hammer, CEO, Mazepay, says: “With the increased uncertainty that many businesses are facing, and the ever-growing need to cut...…
Berlin based private equity investment platform raised $15m in Series C extension funding led by 7 Global Capital.
Unusual Whales is an options and equity data platform that has been at the forefront of the intersection of politics and finance for over...
London based carbon markets startup raised $45m in Seed funding led by BBVA, BNP Paribas, CIBC, Itaú Unibanco, National Australia Bank,...
Investors who believe that members of the US Congress have access to information that could give them a trading advantage can now trade...
Flutterwave as a result of these licenses becomes one of the few payment service providers in Egypt with both local and global...
Spain based business-to-business payments and cash management startup raised €1.1m in pre-Seed funding led by YCombinator.
Gorka Aguirre, CEO and co-founder of Snab thanked the investors for their confidence: “Snab was created to help companies to digitize,...…
Delaware based bookkeeping and compliance startup for cross-border companies raised $1.5m in pre-Seed funding from Picus Capital, Saison...
Nigeria based solar energy financing and management startup raised $2.3m in Seed funding co-led by Factor[e] and SCM Capital Asset...
Singapore based blockchain wallet raised $7m in Seed funding led by Quiet Capital.
“People in these countries should be able to easily and affordably access US Dollars and beat inflation while saving, a function the...…
Boston based provider of white-label blockchain nodes as a service raised $12m in Series A funding from Gradient Ventures, Draper Dragon,...
Ohio based data platform for e-commerce brands raised $25m in Series B funding led by NFX, Elephant and Shopify.
“I took the spreadsheets that I was using to track my ad spent and the overall KPIs that I needed to watch, and we took that and we...…
Copenhagen based provider of no-code onboarding software for financial companies raised €3m in growth funding led by People Ventures and...
Revolut, which has around 25m customers worldwide, is rolling out the service this week to customers in the U.K. and European Economic...
New York based blockchain data intelligence platform raised $10m in Series A funding led by ParaFi Capital.
“We believe there are significant value-creation opportunities at the data and infrastructure layer of blockchain, where platforms will...…
San Francisco based vehicle payments startup raised $15m in Series B extension funding led by Forte Ventures.
"These funds will allow us to move faster and meet the market demands from fleets in the commercial and OTR trucking spaces," said...…
The Ministry of Electronics and Information Technology is in the process to enforce an emergency order to ban 138 betting and gambling...
Following this launch, traders will have the possibility to benefit from flexible payments on every sales channel, including field sales,...
Originations soared in the third quarter of last year, per TransUnion data released last week. The reason for this is that a homeowner...
NYDIG, one of the largest crypto lenders, is repossessing 27,403 machines from bankrupt miner Core Scientific as the company seeks to...
The withdrawal of the charges, which came about 7 months ago, was noted in a Kenyan High Court this week. Dropping the case will come as...
The UK's spend amounted to 4x the combined £198m spent in Spain, Italy, Germany and France at the close of January, with many raising the...
The hotly anticipated consultation, to be published by His Majesty’s Treasury on Wednesday, asks for feedback from industry members and...
The proposals to “robustly” regulate the sector, which are subject to a consultation, are the clearest sign yet that the government is...
Today marks two years since Brazil launched its Open Finance Initiative. Open banking in Brazil has blossomed thanks to the initiative,...
Ohio based data platform for e-commerce brands raised $25m in Series B funding led by NFX, Elephant and Shopify.
“I took the spreadsheets that I was using to track my ad spent and the overall KPIs that I needed to watch, and we took that and we...…
Boston based provider of white label blockchain nodes as a service raised $12m in Series A funding led by Gradient Ventures.
“On AWS, it would cost $200 a month per node, but we rethought the web3 infrastructure and we are able to run those same nodes for about...…
JPMorgan is planning to launch a digital bank in Germany as its second international consumer outpost, a move that will create a...
San Francisco based SaaS platform for the business aviation industry raised $50m in Series B funding led by Insight Partners.
“Business aircraft are now more capable than ever in terms of flying more people over longer distances, which means many more trips are...…
UK based neobank raised £75m in new funding led by IAG Silverstripe, Uprising and Augmentum.
“Demand for credit has fallen… and overall, when I look at demand in the industry for loans, there’s been just 5-10% growth in the last...…
Minu, a Mexico-based employee wellness company, secured $30m in new funding as it continues building out its gamified and rewards...
In 2022, Octane saw significant business growth, increasing originations by 74% year over year through its in-house lender. The company...
California based DeFi lending and borrowing marketplace raised $4.9m in new funding led by Hack VC.
"Archimedes is building a leading lending/borrowing market on top of any AMM. In essence, the project’s vision is to create a...…
Israel based web3 marketing tech startup raised $7.5m in Seed funding led by Viola Ventures and Fabric Ventures.
“All of the above allows marketers to visit our web application, build their target in a few clicks, and upload it to Twitter in a matter...…
New York based investor onboarding startup raised $8.4m in Series A funding led by Positive Sum.
“Signing up for Robinhood? It takes two minutes. Investing in a VC fund? You’ve got to fill out a 200-question questionnaire each time...…
Portugal based HR startup for managing compensation and benefits raised €15m in Series A funding led by SCOR Ventures.
"In Italy, fees go up to 20% per transaction, the highest in Europe for this kind of market. Current providers charge high commissions...…
San Francisco based tech-enabled home renovation company raised $19.5m in Series A funding led by QED.
"With the increase in interest rates and the slowing real estate market, agents have to go the extra mile to get the best results for...…
South Africa based digital lender focused on underserved SMEs raised $35m in Series B funding led by Lightrock.
“We had more time to think about how to engage with our customers and understand their needs and problems and eventually realized that...…
San Francisco based embedded finance startup raised $40m in Series C funding led by BAM Elevate.
“Now that we have enough banks, and they’re all working across a common open banking style API that looks the same for all our banks — to...…
Egypt based lending and payments fintech raised $200m in new funding led by Chimera Investments.
“We’re capitalizing on our existing distribution through million-plus customers and adding services within our ecosystem. If you need a...…
Brazil is one of Binance's ten-largest markets, the crypto said, adding that the prepaid card will all new and existing Binance users in...
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