Economic growth in Nigeria is projected to rise consistently. Fintech's engagement in the SME sector could push it further.
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The changes at Prosper.com that I mentioned last week came to pass yesterday. They now have a new look, not...
To combat overdraft, payday loans, and late fees, DailyPay updated its existing digital wallet program with a feature that lets users see their hard-earned cash in their accounts arrive in real-time.
One quarter into 2022 and results from top fintech public companies are not pretty: regardless of revenue, prices crashed.
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Community banks have faced increased challenges. Open access to generative AI and a possible open banking ruling may be a game changer.
BlueVine added new features to their business profile dashboard, like Quickbooks integration, and 1.2% interest on balances up to $100,000.
Celcoin wants to make its BaaS service a one-stop-shop for these types of solutions to meet the growing demand in the Brazilian market.
Interest rates remain high, valuations have fallen and overall deal volume is down across sectors — including fintech M&A activity. But deals are still getting done, albeit slowly and with more caution from investors. BPM Partners James Lichau and Craig Hamm outline their top strategies for navigating the current fintech M&A environment.
E-commerce fintech SellersFi secured a $300 million credit facility from Citi, leveraging the increasing popularity of alternative payments.
Fintech Nexus Newsletter (April 26, 2024): SVB Financial Group’s $2 billion lawsuit against the FDIC
We haven't written about Silicon Valley Bank in almost a year, but the saga of the third-largest bank collapse continues.
SVB's parent company, SVB Financial Group, had $2 billion on deposit at its bank subsidiary. When the FDIC made it clear that all depositors would be made whole, one would assume that included the $2 billion of the parent company's money.