The San Francisco based online marketplace for consumer loans has gone public down under in the biggest tech IPO of the year on the Australian Exchange. Source
Though SPACs have been around for decades, the financial maneuver has gained traction as more private companies eye exit opportunities.
A new Consumer Financial Protection Bureau lawsuit claims the credit bureau and the ex-leader of a key unit failed to comply with a 2017 order to stop misleading consumers about credit reporting and monitoring services.
Revolut's New Stock Trading Feature for US Customers Positions it to Compete with Robinhood, SoFi etc.. | Crowdfund Insider: Global Fintech News, including
MoneyLion reported Q4 2023 earnings that exceeded expectations and showed significant improvement across the business.
Silvergate, a US-based crypto bank that first partnered with the Facebook venture to create a stable coin last May, said in a release they paid $182 million for the operations infrastructure.
Many of the top cryptocurrencies have fallen in price as of late; Coindesk shares a chart highlighting the percentage decline of the top 10 crypto assets; the biggest losers at time of writing are Cardano, Stellar and Ripple. Source
Whym, a conversational commerce startup founded by former Snap employees, wants to make it easier for consumers to shop online via their mobile devices. Instead of filling out long checkout forms and entering in payment card details by hand, Whym’s solution offers a single-tap checkout experience where customers can pay via Apple Pay or Google...
When it secured a banking charter and raised a half-billion dollars last year, Varo promised growth and profitability. But an abrupt fintech downturn and high spending have left it with no choice but to slam on the brakes.
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