Fintech
Fintech
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Derek White, former financial services head for Google Cloud, wants to take Galileo — the SoFi unit that provides tech services to challenger banks — international and into new niches outside banking.
June 10 -
Klarna Bank AB is raising fresh funds led by SoftBank Group that value the Swedish fintech startup at $45.6 billion, just months after two separate investment rounds sent the company’s valuation soaring.
June 10 -
Companies like Cloudbeds, Uplift and Guesty offer technology that streamlines payment processing for suddenly busier hotels and offers new financing options for people eager to hit the road.
June 10 -
The company's payment processing platform supports the likes of Uber and Square in their ambitions to create all-in-one offerings that bundle financial and other services.
June 9 -
A new public-private network is pursuing a more comprehensive approach than other states to cultivate a strong financial technology industry by uniting banks, insurance companies, startups, government agencies, investors, universities and students.
June 9 -
The card brand has added a dedicated lane to its startup program to address the venture funding gap for race and gender. Overall, less than 3% of VC funding goes to startups with Black or Latinx founders.
June 9 -
Dave, a banking startup that’s been backed by investors including Mark Cuban and Capital One Financial, agreed to go public in a deal with a blank-check firm that values the company at $4 billion.
June 8 - AB - Technology
A crop of budgeting apps and challenger banks, including Qapital, Honeyfi and Zeta, are enhancing joint accounts by adding communication tools and other features to help couples manage their finances.
June 4 -
On customer satisfaction and trust, traditional banks scored higher than upstarts in a new study of consumers who took out personal loans.
June 4 -
Billers have long had the edge in handling users' bill payments. Fiserv says it can change that through faster transactions, but it faces fresh competition from fintechs.
June 4