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...
US Federal Reserve fines digital bank Green Dot $44 million over “unfair and deceptive practices”
Key Points:Reason for Fine:Unfair and Deceptive Practices: Violations in marketing, selling, and servicing of prepaid debit card products.
Deficient Consumer Compliance Risk...
Black Hills Federal Credit Union tasks NCR Atleos with ATM management in new agreement
Black Hills Federal Credit Union (BHFCU) Partners with NCR Atleos for ATM ManagementObjective:Transform self-service banking for over 110,000 members in South Dakota
...
Meridien Holdings acquires stake in FX liquidity firm DKK Partners to bolster plans for NYSE listing
Meridien Acquires 27% Stake in DKK PartnersAcquisition Details:Acquirer: US-based holding company Meridien
Stake Acquired: 27% of DKK Partners
Transaction: In exchange for...
RTGS.global co-founder and CTO Andrew Smith announces departure
Andrew Smith to Depart RTGS.globalPosition: Co-founder and Chief Technology Officer (CTO)
Company: RTGS.global, a London-based cross-border settlement fintech
Founded: 2019
Departure Announcement: LinkedInKey...
ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more
ICYMI Funding Round-Up: Latest Fintech Funding NewsDopayAmount Raised: $13.5 million Series A extension.
Lead Investor: Argentem Creek Partners.
Purpose: Expansion in Egypt,...
Cash App to exit UK as Block scales back international expansion plans
Summary of Cash App's Exit from the UK MarketCompany: Cash App, a division of Block (formerly known as Square), led by Jack Dorsey.
...
Former KeyBank digital chief Jamie Warder joins Alliant Credit Union as CIO and business strategy lead
Summary of Alliant Credit Union's New CIO AppointmentCompany: Alliant Credit Union.
New CIO: Jamie Warder.
Position Start Date: 8 July.
Responsibilities: Overseeing member...
Merrco Payments rebrands to KORT Payments with new managing team led by Paysafe founders
Summary of Merrco Payments' Rebranding to KORT PaymentsCompany: Merrco Payments, a Canadian fintech.
New Brand Name: KORT Payments.
Headquarters: Toronto, Canada.
Background:Founded:...
