Banking
FCA lifts partner onboarding restrictions on UK fintech Modulr
Key Points:Lifted Restrictions:The FCA has lifted the temporary partner onboarding restrictions imposed on Modulr last October.Original Order:Modulr was ordered to...
Banking
Bank of Clarke partners with Greenlight for family money management solution
Key Points:Objective:Foster "healthy lifelong financial habits" among customers.Service Offering:Bank of Clarke customers can now register for a complimentary Greenlight subscription.
...
Banking
Egypt’s MNT-Halan raises $157.5 million, plots regional expansion
Key Points:Funding Sources:International Finance Corporation (IFC): $40 million
Other Investors: Development Partners International (DPI), Lorax Capital Partners, funds managed by Apis Partners...
Banking
Boku names former NatWest exec Rob Whittick as new CFO
Key Points:Company Background:Headquarters: London and San Francisco
Founded: 2008
Services: Localized payment solutions, direct carrier billing, A2A/real-time payments, digital wallet services
Clientele:...
Banking
CFPB proposes new rule to include payday advances under Truth in Lending Act
Key Points:Proposed Rule:Payday loan advances would be brought under the same scope as consumer loans.
Fees associated with accessing earned wages early...
AI
B2B paytech Slope lands $65m equity and debt funding led by JP Morgan
Key Points:Investment Details:Total Investment: $65 million
Led by: JP Morgan Payments
Participants: Y Combinator, Jack Altman (Alt Capital), Max Altman (Saga Ventures)...
Banking
US fintech Coast bags $40m Series B for product, partnership and team expansion
Key Points:Investment Details:Total Raised in Series B: $40 million
Lead Investor: ICONIQ Growth
New Board Member: Yoonkee Sull (General Partner at ICONIQ...
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