Founded in 2019, Capitual has more than 4.5 million customers and records average monthly transaction volume of nearly $1 billion.
Along with the challenging economic climate, Robinhood had issues of its own that affected their 2022 earnings.
As more states enact their own disclosure laws for commercial finance providers, the regulatory burden will only increase on those companies.
Chile's new fintech law will provide an incentive for other regulators in the region to move forward with similar frameworks, analysts say.
PayPal's upbeat earnings call came with the announcement of Schulman's departure and prudent guidance for 2023.
Fintechs in Brazil are taking a more cautious approach to credit in the face of rising delinquencies and inflation.
Parfin's seed round was led by Framework Ventures, one of Silicon Valley's leading managers in the crypto ecosystem.
Results from MoneyLion's first Personal Financial Wellness Study confirm the growing influence of digital sources in our financial lives, but the steep drop-off of knowledge among millennials and Gen Z consumers.
Affirm's earnings call came with an announcement of layoffs, in an effort to streamline in accordance with low revenue growth.
This week, PicPay, one of the leading digital wallets in Brazil, announced a new acquisition in a bid to gain ground in Brazil's trillion-dollar loan market.