These funds should allow Blipay to expand its credit line in the payroll anticipation sector — where it seeks to become a relevant player.
Over the weekend regulators raced to find a resolution for the waves made by SVB's demise. Failure of the financial system may be adverted.
Mexican Konfio upsized its borrowing line with Goldman Sachs and Gramercy as it seeks to increase SME lending in the region.
OCR Labs Global claims it is the first company to independently verify that its identification verification software has been certified bias-free.
Days after the chaos, newly appointed CEO of the SVB bridge bank urges customers to hold deposits. Meanwhile regulators investigate the fall.
Mexican fintech Clara secured a $90 million debt facility as it plans to grow its footprint in South America.
As the dust settles after the SVB fall, leaders are looking at ways forward. Many think fintech might have the upper hand.
Insights have found the switch to more digital transaction since the start of the COVID-19 pandemic show that individual and organizational risk is even greater now.
The whole of finance has felt SVB's ripples. Crypto is no exception. Some are evaluating DeFi as a influencer of changes to the system.
A week on from Silicon Valley Bank's fall, Fintech Nexus hosted a webinar to discuss what happened and what's next for the institution.