597 articles tagged with this keyword
News/crypto
Revenue derived from cryptocurrency-related crime is down by 65% in the first half of 2022 compared to the corresponding period in 2021.
22 August 2022
News/regulation
The Consumer Financial Protection Bureau has fined Hello Digit and ordered the automated savings app to pay damages to customers after finding that a faulty algorithm wrongfully took money from users' checking accounts leading to overdraft penalties.
11 August 2022
News/retail
Australian neobank Up Bank, has launched savings service Maybuy. Maybuy is designed as an alternative to Buy Now Pay Later (BNPL) products which have become increasingly popular in recent years.
01 August 2022
News/inclusion
A Mexican startup has become the latest fintech to gain unicorn status.
18 July 2022
Plaid has announced that major crypto exchanges including Binance.US, Gemini, Robinhood, and SoFi, are now available on their network. Support for additional platforms, including Blockchain.com and BitGo is planned for later this year.
15 July 2022
News/payments
Australian buy now, pay later firm Zip, is closing Pocketbook, the money management app it bought for A$7.5 million in 2016, in order to focus on a core business facing up to a faltering economy.
12 July 2022
UK digital bank Monument takes advantage of new opportunities emerging in digital banking by focusing on providing complex services backed by new technologies. Finextra spoke to CEO Ian Rand to explore the new services the bank is developing, the future of financial services, and catering to the mass affluent.
01 July 2022
American personal finance outfit NerdWallet has agreed to pay $120 million to buy On the Barrelhead, a platform that provides consumers and SMBs with credit-driven product recommendations.
27 June 2022
Forrester Research has released a report analysing 13 different mobile banking apps across EMEA on user experience and functionality, concluding that Intesa Sanpaolo and BBVA lead in both accessibility and efficiency.
24 June 2022
British AI-based personal finance chatbot Cleo has hit a $500 million valuation thanks to a an $80 million funding round, according to Sky News.
21 June 2022
KeyBank has acquired GradFin, a public service loan forgiveness counselling provider. Financial terms of the deal were not disclosed.
11 May 2022
News/startups
Canadian fintech Neo Financial has hit unicorn status off the back of a C$185 million Series C funding round led by Valar Ventures.
09 May 2022
This week, the ‘Big Move’ campaign will feature on TV, radio, print, outdoor, digital and social media, directing account movers to a range of useful supports including step-by-step guides, a dedicated phone line and an online hub to help them with the move.
As part of its Racial Equity and Justice Initiative, Apple has committed $25 million to eradicate systemic racism in the US and empower entrepreneurs of colour.
05 May 2022
Consumer research from Coinbase and Qualtrics has found that a third of UK consumers have previously purchased or still own cryptocurrency.
American financial services giant Truist has acquired mobile savings gamification app Long Game. Terms of the deal were not disclosed.
03 May 2022
ABN Amro has teamed up with Swedish children's financial literacy startup Gimi on a co-branded app.
26 April 2022
Financial wellbeing app, Wagestream, has executed a $175 million series C funding round, as it prepares to bolster support for underserved, frontline workers beyond the UK. Finextra caught up with Wagestream’s CEO and co-founder, Peter Briffett, to learn more.
13 April 2022
Launched on the 25th February, Revolut enabled millions of its customers worldwide to instantly donate to the Red Cross Ukraine Appeal, targeted at supporting victims of the war in Ukraine. The €10 million was raised through donations of Revolut customers, which were then matched by Revolut itself.
11 March 2022
Having ditched plans to go public via a Spac, savings and investing app Acorns has raised $300 million from private investors at a $1.9 billion valuation.
10 March 2022
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