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.
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.
The British neobank, serving over 40 million customers globally, has acquired a banking license in Mexico.
It has been a lean legislative session in Congress for fintech. But this week some progress was made on earned wage access.
As artificial intelligence (AI) provides new tools to criminals, Incognia's tools are 17 times more effective than facial recognition.
Lending is going through a new wave of innovation and we want to hear what is most interesting and important to you.
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.
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.
Brazilian neobank Nubank partnered with Wise to launch a global account. The online lender is targeting the highly affluent in Latin America.
There have been quite a few fintech startups in recent months that have pivoted to B2B from B2C (Tally, HMBradley, Onyx Private for example), but we haven't seen any fintechs go in the other direction until Mercury announced their personal banking product today.