Huruma Fund, a Spain-based vehicle supporting rural financial services providers in low- and moderate-income countries, recently lent EUR 4 million (USD 5 million) to Entidad de Desarrollo a la Pequeña y Micro Empresa (EDPYME) Alternativa, a microfinance institution (MFI) in Peru that serves rural populations. The goal of the investment is to assist small-scale farmersContinue...
The payroll startup raised a $50M series B at a $500million valuation, in the name of putting the paycheck-to-paycheck lifestyle in the past.
U.S. central bankers solicit public comment as part of review, but are unlikely to decide soon whether to issue a government-backed cryptocurrency.
Tax firm targets its millions of tax clients for a year-round financial relationship intended to improve financial health.
Plaid, a fintech unicorn known for its APIs that connect consumer bank accounts to financial applications, announced today that it is buying Cognito. The price is around $250 million, paid in a blend of cash and stock TechCrunch understands, though we couldn’t suss out the exact mix of each. The deal highlights where Plaid is […]
The issuer says it can offer installment loans without jeopardizing the kind of growth in credit card volume that it reported for the fourth quarter.
U.S. Bank is increasing from $5 to $50 the amount by which accounts can go negative before triggering an overdraft fee and is instituting a 24-hour grace period. Truist, meanwhile, is unveiling two overdraft-free accounts this summer.
The nonprofit received a $1.5 million grant to monitor, evaluate and strengthen consumer protections in the digital financial marketplace. Here's what it's doing with the funds.
Seven months after securing its broker-dealer licence in the States.
Gemini is acquiring Omniex, a trading tech platform that offers order, execution, and portfolio management system solutions for crypto trading.