Amazon is speaking with the Bengaluru-based company; the company is focused on small businesses but is also looking to lend to consumers on Amazon’s platform; According to sources Amazon may invest $5-10 million; Capital Float recently raised $45 million in a Series C; Amazon has recently done other deals with fintech companies in India. Source
Meet, GoHenry, a debit card and financial education app designed for kids aged 6-18, with a simple mission to make every kid smart with money.
Challenger banks continue to pile up funding rounds as UK based Tandem Bank is preparing to announce a fresh round...
Passporting could increase fintech competitiveness across Europe as the UK prepares to leave the European Union; passporting would lower regulatory requirements for fintech firms in the European Union allowing them to operate more freely across Europe; it would also create greater incentive for firms to move their business to the European Union and away from London; the European Commission has launched a three month consultation period on passporting and new legislations for fintechs which will be followed with legislative proposals; on Thursday, March 23 the European Commission also published a plan for European Union financial services companies that will focus on reducing costs and increasing consumer protection. Source
Brazilian startups are innovative with platforms to enable CO² emission offsets, generating credits to enviro projects to protect the Amazon.
Companies face more pressure to detail the environmental footprints of their investments, thanks to regulations and the ESG trends.
In 2019, Marcus announced one of the biggest partnerships in the fintech space when it collaborated with Apple to introduce a consumer credit card, the Apple Card. More recently, it bought BNPL provider GreenSky, giving Marcus not only its flexible payments option but also direct access to its...
The Financial Conduct Authority (FCA) has released their annual Sector Views report; it warned of high-risk retail investments, calling out...
Three questions for former CFPB Deputy Director Raj Date Earlier this month, Department of Government Efficiency (DOGE) czar Elon Musk...
A new report published by Backbase and IDC says the APAC region is set for a dramatic increase in adoption...