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Vietnamese financial ‘super-app’ MoMo has secured $200 million in a Series E funding round led by Japanese banking giant Mizuho.
Fintech Oportun has acquired neobanking platform Digit for $211.1 million, which included an aggregate of $112.6 million in cash and $98.5 million in stock.
Momentum is building to include utilities, telecommunications and rent payment data in mortgage underwriting.
FTC is Concerned About Big Tech and Payments. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
A consortium of community financial institutions uses 'open' approach to give their customers a 'one-stop-' approach to mobile payments.
Consumers are pushing card networks and issuers to develop programs that reward them for spending on sustainable products and other initiatives to mitigate climate change.
Move over ConstitutionDAO, the latest Decentralized Autonomous Organization, known as elfDAO, is seeking to leverage the power of crypto-fundraising to “fund, organize, and donate gifts to institutions, orphanages, and low-income neighborhood centers [in order to] bring holiday joy to as many children as possible. It can all be accomplished through an ethereum wallet and an...
Serial fintech entrepreneur Walter Cruttenden founded Acorns with his son, Jeff, in 2012 with the goal of helping low- and middle-income households invest and save responsibly. The pair wanted to simplify investing for the millions that have trouble getting started or continuing to invest. Then in 2018, Walter went live with a new company —...
By the end of 2020, the Central Bank of Brazil launched its own instant payment system, called PIX, with the ambitious goal of speeding up and facilitating transactions.