Two US fintechs to pay a total of $59m to settle FTC charges related to PPP
Biz2Credit will pay $33 million and Womply will pay $26 million to settle the two separate cases.
Biz2Credit will pay $33 million and Womply will pay $26 million to settle the two separate cases.
The Cologne-based fintech start-up plans to use the funding to expand into new European markets.
Over £1bn of investment has been facilitated to businesses since the launch of the first NPIF in 2017.
The funding round consists of $25 million in equity capital and $67 million in committed debt capital.
Baader Bank already uses Broadridge’s solutions for trading and market connectivity, and order management.
Cashee will provide a free banking app and a prepaid Visa card, issued by Arab National Bank (ANB).
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Nuvei, Silverbird, nCino and more.
The round consists of $50 million in debt financing and $36 million in equity.
At Fintech Meetup, we spoke with Quinte Financial Technologies about the benefits of hyperautomation for banks.
BNY Mellon has deployed Nvidia’s supercomputer, DGX SuperPOD with DGX H100 systems.
We ask three industry professionals what’s hot and what’s not in the fintech sector this year.
SmartWorks is Signicat’s sixth acquisition since the arrival of new owner Nordic Capital, in 2019.
Volopa is currently applying for a UK EMI licence, which it expects to be granted this year.
The latest funding will help drive the Manchester-based firm’s expansion into the US.
Equals Group has confirmed it received an “indicative non-binding proposal” about a potential deal.
In this episode of the podcast, we’re joined by Pinar Alpay, Chief Product and Marketing Officer at Signicat.
Winners of this year’s awards will be announced at a gala dinner ceremony in New York on 30 May.
The firms plan for the new security measure to be ready by the beginning of 2025.
ChitChat enables users to make immediate USD payment transfers directly within chat conversations.
The acquisition will give 7IM a base in the Midlands to broaden the reach of its operations.
Ville Sointu of Nordea discusses how a potential digital euro could impact the financial services sector.
The Indus PayWear app will enable the bank’s customers to tokenise their cards for use with wearables.
MSUFCU believes Frich Money can help bridge the “awareness gap” between Gen Z and credit unions.
The new capital injection adds to Solaris’ initial €38 million Series F raise announced in 2023.
The Missouri-headquartered bank will deploy the vendor’s flagship TCS Bancs core banking system.
The round has raised the Nigerian fintech’s valuation to $750 million.
The London-based lender provides longer term fixed-rate mortgages and soft launched last month.
Edwin van Bommel of ABN Amro discusses the key areas banks should be targeting with their transformation projects.
Three industry professionals discuss which fintech trends the industry should be keeping an eye on.
The Arizona-based credit union is consolidating its tech infrastructure under one platform.
KYP will provide Integrated Finance with onboarding, screening and transaction monitoring tech.
The Canadian paytech says “no decision has been made at this time” regarding a potential deal.
Nationwide’s BSL website content is to be provided “in the form of pre-recorded signed videos”.
DocFox provides account opening software built to help simplify the customer onboarding process.
CBB hopes the partnership will help boost its operational efficiency and growth.
In this episode of the FinTech Founders series, we discover how founders can grow with their companies.
Marco Eijsackers of ING discusses the key digital transformation trends across financial services.
At FinovateEurope, Robin Scher of Lloyds Banking Group discusses the big fintech funding trends in 2024.
Sal Rehmetullah and Suneera Madhani will act as co-CEOs of the start-up, which is set to launch this month.