Belgian fintech Credix announced an US$ 11.25 million Series A round to scale its business and bring diverse investments to LatAm startups.
Global BaaS platform Synapse this week announced the launch of Global Cash, a secure cash management account product that enables residents in more than 35 countries to invest and hold U.S. dollars.
Nubank announced a $150 million loan from the International Finance Corporation as it seeks to strengthen its presence outside of Brazil.
F-Prime released their latest State of Fintech report and it shows an industry back on the upswing but with still a lot of work to do.
Many of these firms have aimed to go public in the vague "end of 2021/ early 2022/ when we have enough money" time frame while participating in increasingly rare-letter funding rounds.
In June of last year, Robinhood announced it was acquiring the credit card startup X1.
Today, we learned about the fruits of that transaction: a new Gold Card from Robinhood.
Worsening conditions for the public's financial health have caused the FCA to launch a consultation. The fintech sector is already way ahead.
It is a bold or naïve CEO that prefaces a major announcement with the words, "This will shock the world".
New PayPal CEO Alex Chriss said exactly that in his first public interview since becoming CEO. That was a week ago and he was referring to major announcements that would happen at the company's Innovation Day that it conducted yesterday.
Gov. DeSantis has said that Florida won't accept a CBDC, due to privacy and surveillance concerns. Stonewalling could be part of the problem.
Another week with no major news from the banking system as the challenges of last month have been kept in check.