The 44 large bank and insurance company partners of the Fintech Innovation Lab are inviting startups whose technology can help them manage cybersecurity threats as well as handle climate change metrics and other growing needs to join the lab's next cohort.
UK fintech Sonovate has unveiled a substantial securitisation deal with BNP Paribas and M&G Investments, adding £165 million to its funding.
According to the WSJ, OneMain is looking to sell and is in advanced discussions with multiple parties; the deal could be worth $4 billion or more; Most of OneMain’s personal and car loans are to people with credit scores under 660; the company has 1,700 branches and 2.2 million customers. Source
The bank is the biggest so far to nix the fees. The action has emboldened legislators and regulators to try and abolish OD fees altogether.
In an article in Bloomberg Revolut CEO Nikolay Storonsky defends the fast pace of growth and innovation at his company;...
Digital banking startup Stash has been running virtual stock parties during the quarantine as a means of engaging their user...
Fintechs in Brazil are taking a more cautious approach to credit in the face of rising delinquencies and inflation.
"We're not just throwing a checkout widget online on their checkout page," the bank's Andrew Rostami said of a deal Citizens inked this week to let users choose no-interest financing when shopping through the Microsoft Store.
While the Fed kept interest rates steady at their meeting this month both Marcus and Ally Financial have decided to...
Nubank's second product in Mexico was well received. Country manager Ivan Canales discusses the market strategy with Fintech Nexus.






