Tag: Cards

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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)...