FinTech

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's CEO had temporarily registered in the US.The move strengthens Revolut's ties...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...

Nubank Secures Conditional Approval for U.S. National Bank License

Brazilian fintech aims to expand services in the American market.Highlights: Nubank receives conditional approval for U.S. banking license.The...
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UK-Africa remittance start-up Zazuu closes down

Company Closure: UK-based fintech start-up Zazuu is shutting down. Market Focus: Zazuu operated in Africa, running a cross-border payment network marketplace. Funding History:...

Egypt’s KashNow partners Sandah to provide small businesses with access to financing

Partnership Overview:KashNow, a subsidiary of Noqood Holding, is partnering with microfinance company Sandah. Aimed at digitizing lending for Egyptian micro-entrepreneurs.Digital Loan...

Eurasian Bank launches Digital Tenge Card in preparation for Kazakhstan’s CBDC

Eurasian Bank collaborates with Mastercard to launch Digital Tenge Card, facilitating purchases with Kazakhstan’s central bank digital currency (CBDC). The debit card seamlessly...

US lender Enova fined $15m by CFPB for “widespread illegal conduct”

Enova was fined $15 million by CFPB and banned from offering certain short-term loans. Charges include unauthorized fund withdrawals, deceptive loan statements, and...

Regulators approve ex-UK cabinet minister Gavin Williamson’s appointment to Lanistar advisory board

Acoba Approval:The Advisory Committee on Business Appointments (Acoba) has approved Gavin Williamson's appointment to the advisory board of UK-based fintech Lanistar.Williamson's...

US digital bank Green Dot appoints SVP Dave Harden as new CTO

Dave Harden as CTO:Dave Harden was appointed as the new Chief Technology Officer (CTO) of Green Dot. Internal promotion from SVP of...

ICYMI fintech funding round-up: Refine Intelligence, Apiture, Solvimon and more

Refine Intelligence:Raised $13 million in seed funding. Uses AI to scan AML alerts, reducing investigation time. Plans expansion in North America, Europe,...

Lack of funding forces US credit card fintech Ness to close down

Ness Closure Announcement:US fintech Ness, specializing in credit cards for wellcare, is shutting down. CEO Derek Flanzraich cites running out of cash...

Apple Pay rolls out new open banking feature for UK customers

New Apple Pay Feature in the UK: Open BankingApple Pay introduces a new feature in the UK. Allows customers to link their...
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