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News

Every day the Fintech Nexus News team writes original stories from around the world, and we archive them chronologically on this category landing page.

Fintech Nexus Newsletter
·Apr. 23, 2024

Fintech Nexus Newsletter (April 23, 2024): Walmart’s One now offering BNPL in-store

One has kept a low profile since Walmart announced the creation of its new fintech startup in January 2021. We have seen an occasional announcement, but the fintech startup has largely remained under the radar.
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Embedded Finance
·Apr. 23, 2024

Contextual finance: Viola Fintech’s recipe for moving beyond embedded

A report from Viola Fintech shows why companies must go beyond embedded to contextual finance if they want their share of a $588 billion pie.
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Fintech Nexus Newsletter
·Apr. 22, 2024

Fintech Nexus Newsletter (April 22, 2024): Synapse files for bankruptcy, assets acquired by TabaPay

Late Friday, we learned that Synapse has filed for Chapter 11 bankruptcy and that its assets will be acquired by payments infrastructure company TabaPay. This will not come as a surprise to anyone who has been following the slow-moving Synapse saga for the last 12+ months. The company had done multiple rounds of layoffs and had an ongoing dispute with Mercury.
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LatAm
·Apr. 22, 2024

UK neobank Revolut gets Mexico banking license, eyes remittances

The British neobank, serving over 40 million customers globally, has acquired a banking license in Mexico.
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Fintech Nexus Newsletter
·Apr. 19, 2024

Fintech Nexus Newsletter (April 19, 2024): Congress moving forward on earned wage access

It has been a lean legislative session in Congress for fintech. But this week some progress was made on earned wage access.
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Fraud/Identity
·Apr. 19, 2024

Incognia’s location-based solutions offer fraud antidote

As artificial intelligence (AI) provides new tools to criminals, Incognia's tools are 17 times more effective than facial recognition.
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Lending
·Apr. 18, 2024

Take our survey on the future of lending

Lending is going through a new wave of innovation and we want to hear what is most interesting and important to you.
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Fintech Nexus Newsletter
·Apr. 18, 2024

Fintech Nexus Newsletter (April 18, 2024): Ramp closes $150m funding round

More positive signs for fintech as spend management unicorn Ramp closed another large funding round. The $150 million was officially called a Series D extension, but it comes at a $7.65 billion valuation, a significant improvement over the $300 million raised for the initial Series D, which was at $5.8 billion.
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Fintech
·Apr. 18, 2024

Salt Labs adds 401(k) creator Ted Benna as advisor

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.
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Banking
·Apr. 17, 2024

Nubank partners with Wise to bring global account to affluent Brazilians

Brazilian neobank Nubank partnered with Wise to launch a global account. The online lender is targeting the highly affluent in Latin America.
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  • Victor Fimbres, CoFounder and CTO, Forage(1)Amidst federal upheaval, lessons from 4 years of benefits-focused fintech May. 6, 2025

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