This is the first acquisition in the history of the Open Finance platform, which was created in 2019 by Pablo Viguera and Oriol Tintoré.
Druo's technology creates an ecosystem that enables B2B users to charge or pay directly to any bank account without having to go through the complex network of financial intermediaries.
In Plend's recent Report, solving the ongoing cost of living crisis was considered critical as the situation deteriorates further.
DDS 2.0 allows consumers to switch their direct deposits seamlessly from one institution to another without paper forms or talking to HR.
Venture capital funding to LatAm startups droped 70% to $1.3 billion in the quarter, down from $4.1 billion in the year-ago period.
MoneyLion’s recent acquisition of Even Financial (now Engine by MoneyLion) will drive growth for both companies, Engine’s founder said.
Making fintech news this week was Apple, Goldman Sachs, stablecoins, the SEC, MiCA, Coinbase, CFPB, Clerkie, Liberty Bank and more.
The approval of the EU's MiCA legislation highlights post-Brexit UK's regulatory shortcomings - could it be boosted?
After helping workers get paid faster at DailyPay, Jason Lee and Rob Law want to help now them build wealth at Salt Labs.
The new alliance between Banca Afirme and Clara guarantees the investment of $55 million throughout 2023 for 200 businesses in LatAm.