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Fintech

Fintech
·Jan. 7, 2022

Biometric authentication specialist iProov secures $70m investment

iProov, a biometric face authentication specialist, has received $70 million growth investment from Sumeru Equity Partners.
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Fintech
·Jan. 7, 2022

U.S. firms extend credit at ‘ballistic’ pace in bet on a recovery

A gauge of U.S. firms extending credit climbed in December to the highest level in almost 18 years, signaling a strong bet on the economy’s prospects and heavy investment in automation.
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Fintech
·Jan. 7, 2022

Credit bureaus increasingly fail on consumer complaint response, CFPB finds

Equifax, Experian and TransUnion reported relief in response to less than 2% of covered complaints filed in 2021, compared with 25% in 2019, the bureau reported Wednesday.
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Fintech
·Jan. 7, 2022

How younger generations are driving the recovery in consumer credit in 4 charts

While card issuers tightened new card volume during the pandemic, that trend has now shifted. Total bankcard originations reached new peak levels compared to previous years at 19.3 million in 2021, nearly doubling year-on-year, as lenders are looking to grow their wallet share knowing consumers...
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challenger bank dave
Banking
·Jan. 6, 2022

Dave challenger bank goes public through SPAC

The first fintech to go public in the new year, the Dave challenger banking app went live on the Nasdaq Thursday, after a successful merger with a Victory Park SPAC.
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Fintech
·Jan. 6, 2022

Nexus Dealmakers 2022: First LendIt in-person event of the year set to go

The fintech community's one-stop-shop for all things lending and digital banking. Conferences, podcasts, news, webinars, & white papers showcasing the latest in fintech.
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Fintech
·Jan. 6, 2022

Fraudsters increasingly using automation for sophisticated attacks

The fintech community's one-stop-shop for all things lending and digital banking. Conferences, podcasts, news, webinars, & white papers showcasing the latest in fintech.
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Fintech
·Jan. 6, 2022

PitchIt Podcast #33: Samir Karkal of Sila

The fintech community's one-stop-shop for all things lending and digital banking. Conferences, podcasts, news, webinars, & white papers showcasing the latest in fintech.
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Fintech
·Jan. 6, 2022

Petal nears unicorn status with fresh $140M in capital to upend ‘broken’ traditional credit system

In recent years, there has been a growing number of startups trying to make credit more accessible to consumers.   One such startup, Petal, announced today that it has raised a $140 million Series D round of funding.  The company’s new valuation is $800 million — more than triple what Petal was valued at when...
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Fintech
·Jan. 6, 2022

China’s digital currency comes to its biggest messaging app WeChat, which has over a billion users

Tencent-owned WeChat, China’s largest messaging app and one of the country’s biggest payment services, will begin supporting the country’s sovereign...
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