Ant gets approval to expand its consumer finance business
The China Banking and Insurance Regulatory Commission said it approved Ant Group’s request to increase the amount of registered capital...
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Leal raises $10m in Series A funding
Colombia based consumer fintech company raised $10m in Series A funding led by Rakuten Capital and IDC Ventures.
{
Leal provides cashback and rewards products that allow consumers in LatAm to save by earning money back on everyday purchases. In 2021,...…
Goldman Sachs to buy GM credit card business for $2.5 bn
GS is buying General Motors’ credit card business, according to people familiar with the matter, marking the bank’s second big-name...
Nerdwallet acquires UK’s Know Your Money as it expands outside the US
Know Your Money is the U.K.’s largest financial products comparison site serving some 5m consumers and 1.2m businesses. The acquisition...
GoBear raises $17m to expand its consumer financial services for Asian markets
Singapore consumer comparison site for financial products raised $17m from Walvis Participaties and Aegon N.V.
{
“The momentum is here. I think now is the time for tech and data to transform financial services,” he said. “As a platform, we are really...…
Amid stock market turbulence, investing app Stash raises $112m led by LendingTree
New York based consumer finance and savings app raised $112m in a strategic round of funding from LendingTree.
Stash has continued...
Why fintech startups love advertising on the New York City subway
Consumer fintech startups such as Transferwise are finding in increasing ROI on their subway marketing spend relative to other...
Zibby secures $150m Series B
New York based consumer financing startup Zibby has raised $150m Series B led by Victory Park Capital. Zibby provides retailers with a...
NerdWallet raises monster Series A
NerdWallet, the online tools platform that helps customers understand how to make better financial decisions, has raised $64m in a...
Credit scoring startup Kreditech faced security breach
Kreditech, which uses big data to create a live credit score for micro-loans, was compromised last November after hackers posted the...
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