Fintech funding rounds of this size are few and far between- Zopa plans to use the investment to further its plan to "be Britain's best bank."
Nubank announced it was no longer serving its clients with investment advisory, cutting its headcount by 40.
The day after The Fed announced yet another (albeit smaller) rate hike, Arc launches a high yield account so startups can gain on idle cash.
·
Comply Advantage has found that the majority of businesses are bracing for worsening financial crime in 2023.
This year has already seen some major shifts in focus for the BNPL market- should banks be concerned about the B2B focus?
While Web3 and the crypto world bring provide some unique situations, when insurance providers assess their risk, they go back to the basics. That is, if they touch it all.
Binance announced a partnership with Mastercard this week to launch a prepaid card in Brazil, the second initiative of its kind in Latin America after a previous rollout in Argentina.
These numbers consolidate Nubank as the fifth-largest financial company in Brazil by customers.
After avoiding section 1033 of Dodd-Frank for 12 years, in October the CFPB announced proposals for action. Plaid now offers their advice.
Transfeera, a banking-as-a-service provider in Brazil focusing on B2B transactions, raised $ 1.3 million this month in a series A round.