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:...
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...
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)...
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.
...
Brazil’s Matera lands $100m investment from Warburg Pincus
Summary of Matera's $100 Million Investment from Warburg PincusInvestment Details:Total Amount: $100 million.
Investor: Warburg Pincus, a New York-based private equity firm.
...
Jordan Kuwait Bank partners Mastercard and FOO to launch multicurrency prepaid wallet offering
Summary of Jordan Kuwait Bank's Launch of eliWalletEntities Involved:Jordan Kuwait Bank (JKB)
Mastercard
FOO (UAE-based fintech)Product Launched:eliWallet: A prepaid digital...
Blockchain-powered clearing and settlement fintech Partior raises more than $60m in Series B funding
Funding:Partior, a Singapore-based fintech start-up, secured over $60 million in a Series B funding round.
The round was led by Peak XV...
ICYMI fintech funding round-up: Lemon.markets, Trustap, Adfin, Accend and more
ICYMI Funding Round-UpLemon.markets:Amount: €12 million seed extension.
Lead: CommerzVentures.
Other Investors: Creandum, Lakestar, Lightspeed, Heliad, System.one.
Purpose: Expand Brokerage-as-a-Service platform across Europe...
