The Brazilian digital lender added $200 million in its ninth funding round and announced it was buying both a bank and a mortgage lender.
Creditas aims to reach breakeven in 2023. It has reduced losses for five straight quarters and is repricing the portfolio with higher rates.
Belgian fintech Credix announced an US$ 11.25 million Series A round to scale its business and bring diverse investments to LatAm startups.
Lenders have long identified the need to develop better scoring models that include those with thin or no credit files, but the problem persists, Credolab’s CSO Michele Tucci said. Credolab tackles the problem using privacy-consented and permissioned data through smartphones and web pages.
In celebration of April Fools Day we bring you an incredible story from the world of fintech fraud.
Brightwell, an international payments firm survived the shutdown of its biggest client and a brute force attack that drained $3 million.
Cross River Bank announced a collaboration with American Express at Money 20/20 Monday.
On March 30, banking investor Cross River announced another successful funding round of $620 million, co-led by Andressen Horowitz and Eldridge Capital.
Cross River announced it would power FuturePay's "MyTab" digital revolving credit platform, a merchant-focused consumer credit as a service.
Cryptix AG takes a holistic approach to building the “people's financial marketplace,” benefiting all, based on blockchain technology.