Back-office roles are increasingly being handled by machines at Goldman Sachs and across Wall Street, where executives are pointing to...
New York City based provider of bank account activation infrastructure raised $4.7m in Seed funding led by Chicago Ventures.
Marina del Rey based fintech compliance startup raised $5m in Seed funding led by BankTech Ventures and Haymaker Ventures.
Citigroup is revamping its referral incentives, shifting from shared revenue pools to direct payments for employees who generate...
Revolut’s scale and fee-driven growth mask underdeveloped lending; the FT argues that securing banking licenses and executing an IPO will...
NYC based AI partner for financial institutions raised $160m in Series D funding led by Kleiner Perkins.
With the OCC’s conditional approval, Mercury enters the bank organization phase, during which it will work to satisfy remaining...
Oxio plans to expand Mexico’s prepaid mobile market by targeting lower-income users with fintech-driven service bundles, to compete...
Should that happen, CEO and cofounder Nik Storonsky would become one of the richest people in the world, thanks to a lucrative incentive...
The most recent secondary transaction, completed in November, valued the fintech at $75b, up from $45b a year earlier.
Palo Alto Networks founder Nir Zuk plans to acquire California based Liberty Bank to deploy AI driven financial services, partnering with...
San Francisco based vertical banking startup raised $100m in Series C funding led by Ribbit Capital.
The investigation leveraged IBM's Quantum Heron device, employing 152 of its 156 available qubits to test various quantum algorithms. The...
Plaid’s CFO says revenue surpassed $500 million with 40% growth, allowing for focus on durability, product expansion and timing of an IPO.
Monzo is shutting its US operations after failing to gain traction, cutting staff and halting onboarding, as it pivots to focus growth on...
San Francisco based maker of AI agents for financial institutions raised $7m in Seed funding led by Motive Partners.