The Securities and Exchange Commission announced Friday it rejected a bitcoin exchange-traded fund run by VanEck that would have directly...
The choice to build versus buy is no longer a simple question.
Consumers increasingly are willing to try new providers, looking for the best fit. Can banks and credit unions outpace neobanks and fintechs?
Mainstream lenders have long been reluctant to make short-term consumer loans because the costs involved make them expensive for borrowers. Upstart says its technology will enable partner banks to offer loans at annual percentage rates below 36%.
The first bitcoin upgrade in four years has just gone live. It is a rare moment of consensus among stakeholders,...
A financial literacy and aid program from a coalition of mayors will distribute 10 monthly payments of $350 to 125 youths via the Mastercard-branded Crescent City Card.
San Francisco-based private equity firm True Wind Capital this week announced the successful close of its second fund, True Wind Capital II. At $817 million in equity commitments, the fund’s targets were exceeded. True Wind Capital was launched in 2015 by Adam Clammer and James
The report argues that fintech’s unique value propositions are powering the move to digital banking, with an increase in adoption across age groups. The pandemic saw users adopt fintech services to replace or complement traditional banking actions.
Bradesco has been beefing up its digital banking arm in recent years and now operates three brands: Next, Digio and Bitz
Mexican FinTech Stori closed a $125 million oversubscribed Series C equity funding round, paired with a debt raise to fund Stori’s credit card portfolio.