Salt Labs, which helps lower-income workers but does not subtract from their earnings, has recruited Ted Benna, the father of the 401(k), as an advisor.
Capstack Technologies’ founder and CEO Michal Cieplinski believes he has the antidote to the Silicon Valley Bank meltdown, and Citi Ventures agrees.
With the explosion of Generative AI Sam Altman has become one of the most famous entrepreneurs on the planet. But not much has been written about his fintech investments.
Colombian fintech Bold secured $50 million in a series C round led by private equity firm General Atlantic.
F-Prime released their latest State of Fintech report and it shows an industry back on the upswing but with still a lot of work to do.
Interest rates remain high, valuations have fallen and overall deal volume is down across sectors — including fintech M&A activity. But deals are still getting done, albeit slowly and with more caution from investors. BPM Partners James Lichau and Craig Hamm outline their top strategies for navigating the current fintech M&A environment.
Investments into Latin American fintechs are expected to pick up in 2024 amid rate cuts in the United States.
Mexican fintech Kapital raised $40 million in a series-B funding this month and $125 million in debt financing to expand to new markets.
E-commerce fintech SellersFi secured a $300 million credit facility from Citi, leveraging the increasing popularity of alternative payments.
Research from TransUnion suggests that the Federal Housing Finance Agency’s (FHFA) move to a bi-merge system could significantly impact both consumers and lenders while providing little benefit.