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...
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,...
US fintech Aven’s valuation tops $1bn with latest $142m Series D capital raise
Summary of Aven's Series D Funding and Expansion PlansCompany: Aven, a credit solutions start-up based in San Francisco, US.
Series D Funding: $142...
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...
UK fintech Pozitive Payments names Alex Daly as new CFO
Pozitive Payments Appoints Alex Daly as CFO: Key PointsNew CFO Appointment:Alex Daly has been appointed as the new chief financial officer (CFO)...

