BNPL firm Zilch sets up US expansion with NepFin acquisition
The acquisition of the American firm will give Zilch a foothold in the US market.
The acquisition of the American firm will give Zilch a foothold in the US market.
The new funding round values the firm at more than $3.3 billion.
The transaction is expected to close in Q3 2021.
Neobank hopeful aims to secure a full banking licence ahead of a planned launch in 2022.
The payroll company is looking to launch a new digital banking platform in the country.
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The start-up has now raised around $71 million in total.
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Another batch of funding rounds that might have flown under your radar.
Fintechs should deliver the digital-first experience Gen Z expects from the minute they sign up.
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Fintech Futures investigates how self service banking has changed and what firms can do to keep up.
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Another batch of funding rounds that might have flown under your radar.
Eco launched its app in March and has now raised around $94.5 million in funding.
The round was led by Sequoia Capital with participation from Will Smith’s Dreamers VC.
Series C takes Vestwell’s total funding to around $112m over four rounds.
The funding has been led by Goldman Sachs Asset Management and DMG Ventures.
Bank to close all 213,000 existing accounts as many show “limited activity”.
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InvestCloud’s solutions will be used for onboarding and managing high-net-worth client relationships.
Davy is also selling Davy Global Fund Management and its shareholding in Rize ETF to other third parties.
We are still at the start of the journey with open banking and have yet to see its full potential.
Ivy Bank will act as a digital-only division of CSB.
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It’s the first licence to be handed out by APRA in 18 months.
W1tty’s finance app is set to launch in Poland and Lithuania this autumn.
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The platform claims to take “less than a minute” to search for home loan options.
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The firm plans to launch a BNPL network solution on the Discover Global Network.
Product placement is easily recognised by the customer and viewed negatively.
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The firm claims the investment now takes its total valuation to $1.45 billion.
The financing comes nine months after its $18.6 million Series A round.
The company is aiming to improve financial literacy in the region.
Banks could do more to provide financial education, guidance and advice to customers.
The round was led by SoftBank’s Vision Fund 2 and Tiger Global.
Goldman Sachs has been Apple’s partner for the Apple Card credit card since 2019.