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FintechUSA
·Jun. 4, 2020

Apple Card Partners with Walgreens on Sign-Up Bonus

Apple Card has secured their first sign-up bonus partner with Walgreens; customers to receive $50 in daily cash when they...
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FintechUSA
·Jun. 4, 2020

Senate Passes Bill Easing Rules on Paycheck Protection Program

Yesterday the Senate passed a bill that will provide more flexibility for small businesses that have applied for Paycheck Protection...
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FintechUSA
·Jun. 4, 2020

Consumers Spent $11.7 Billion in Bank Overdraft Fees Last Year

According to research from the Center for Responsible Lending in 2019 American consumers spent $11.7 billion in overdraft fees; the...
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FintechUSA
·Jun. 4, 2020

PayPal Participated in Tink’s Last Funding Round

PayPal participated in Tink’s $90 million funding round which was announced back in January; to go along with the investment,...
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EuropeFintech
·Jun. 4, 2020

Monzo Lays Off An Additional 120 Staff

UK digital bank Monzo is reportedly laying off 120 staff due to the challenges of the current economic situation; this...
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FintechUSA
·Jun. 4, 2020

Webull Prepares String of Product Launches to Compete with Robinhood

The volatility in the stock markets has put stock trading apps at the forefront of fintech in recent months; Robinhood...
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FintechUSA
·Jun. 4, 2020

The Impact of Confusing Paycheck Protection Program Rules

Businesses as well as those who represent lenders shared their thoughts on the government stimulus program to an oversight board...
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FintechUSA
·Jun. 4, 2020

Payday Lenders Taking Advantage of Consumers During Pandemic

Recent research suggests that payday lenders are marketing directly to consumers who are seeking financial help due to the pandemic;...
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Fintech
·Jun. 4, 2020

More News for June 4th, 2020

Banks enter era of ‘no regrets’ cost cutting U.S. Banking App For Freelancers Lili Secures $10 Million Through Seed Funding...
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FintechUSA
·Jun. 3, 2020

Digital Bank Varo Closes $241m Series D

Varo is inching closer to becoming a fully regulated digital bank; they have closed a new funding round, a $241...
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