Tide is reportedly in discussions for a new funding round totaling hundreds of millions of pounds according to reporting from...
Remittance fintech Pangea is launching a bank account tied to their current product due to user based feedback; “It was...
From the study, Carat found older and retired Americans are more likely to prioritize security (40%) and millennials prioritize the speed of payment delivery (29%)
Banks have not been sitting around waiting for the government stimulus to help customers; Mandy banks have started to extend...
Starting June 1, Klarna will share data on whether Brits paid off a buy now, pay later loan in time to the credit bureaus TransUnion and Experian.
Business Insider interviewed Renaud Laplanche last week at LendIt Europe; on his exit from Lending Club, Laplanche stated, “It was very, very frustrating. I'm not commenting on the story, but the best way to actually understand what really happened is to read the filings. I think the press made it sound a lot worse, a lot more sensational, than it really was.”; he is taking what he learned from building Lending Club and applying it to his new company Upgrade; Laplanche stated that he hopes to launch a new product each year with possible expansion into mortgages, auto loans, credit cards, home equity and lines of credit. Source
The provisional agreement on a new EU bill on crypto transaction traceability was reached after negotiations involving the European Parliament and Council.
The month of April is designated as financial literacy month to “highlight the importance of financial literacy and teach Americans...
While speaking on Business Insider’s podcast “Success! How I Did It” Affirm CEO Max Levchin shared the story about how he started PayPal; Levchin moved out to Silicon Valley after starting a business that didn’t succeed and was sleeping on his friend’s floor; he saw Peter Thiel deliver a lecture and stayed after to chat with the then hedge fund manager; they met the next morning for breakfast and Thiel liked one of his two ideas, he decided to invest and that was the company that became PayPal. Source.
According to Creditas' recently released figures, the company recorded a loss of $26 million, a 60% drop from the same period in 2022.