Steven, the Swedish expense sharing app, has recently released a card to support the platform as they evolve further, addressing the need to split household bills.
Until now, if you wanted to use the myriad of Stripe's product offerings, you had to process payments through Stripe. But that is no longer the case. At the company's annual conference in San Francisco yesterday, Stripe Chief Product Officer Will Gaybrick announced that the company is "extending our modularity to the very core of Stripe: payments processing."
Fintech faces a flurry of changes, LexisNexis Risk Solutions director of financial crime compliance Tracy Manning said.
When it comes to the adoption of generative AI in finance, we are still at the top of the first inning.
That is why it was really interesting to read Penny Crosman's article yesterday about what is top is mind for bankers when it comes to Gen AI.
The economic climate has caused many to turn away from SMB finance. Banks could provide fintechs with the stability to ride out the storm.
A $200m equity raise at a valuation double the previous round? No you did not wake up in 2021 this morning, it is (checks watch) definitely January 2024.
I was just chatting with someone earlier this week about equity raises and I commented that there seems to be much more activity this month than in January 2023. While we are most definitely not back in 2021, VCs seem to be opening up their checkbooks a little more.
By the end of 2020, the Central Bank of Brazil launched its own instant payment system, called PIX, with the ambitious goal of speeding up and facilitating transactions.
The acquisition aims to combine the tools of both companies to make a reportedly unique app for small business owners.
A couple of weeks after rebranding, Bread Financial launched a feeless, unlimited 2% Cashback Amex Express credit card.
SME-focused fintechs are better known than banks as sources of advice and guidance on financial matters, such as cash flow management.