According to The Information fintech startup Robinhood has big plans for fundraising rounds in the near future; the publication says...
Tom Blomfield believes that banks focus too much on their existing financial products such as mortgages, loans and credit cards;...
With this investment, BBVA acquires a 21.7% stake in Neon; the neobank has 15 million clients and handles more than BRL 5.8 billion per month
VibePay is seeking to get Rakuten’s ViberPay trademark invalidated.
U.K. based personal financial management app Emma recently launched in December and has struck data sharing deals with Starling Bank and Monzo; the app also works across 17 banks to screen scrape data as the banks work towards compliance with open banking; Emma is a budgeting app that helps customers avoid overdrafts and sees a big opportunity with the open banking regulations; “We’re building a tech company, and we understand that the data [play] goes beyond just overdrafts — it’s about understanding when certain events happen, money can be saved or invested,” said Emma founder and CEO Edoardo Moreni to TearSheet. Source.
5G technology is beginning to be rolled out by telecom companies as the technology has a lot of potential to...
The Federal Deposit Insurance Corporation (FDIC) Acting Chair Martin J. Gruenberg released on February 7, 2022 priorities for 2022.
UK based p2p lenders RateSetter and Assetz Capital are pushing the government for access to government financing to help them...
As always it was a busy news week with Washington getting ready to regulate stablecoins leading our top 10 fintech news stories...
As banks keep closing or reorganizing their branch experience JPMorgan Chase just made a big bet on branches and staff; the bank announced a 5 year $20bn investment plan that includes 400 new branches and 4,000 new jobs; the plans included expansion into 15 to 20 new markets for the branches, where most of the staff hires will occur; they also said lending will increase by 25 percent over the next 5 years. Source.