Tag: Consumer/Personal Finance
CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90 million in total penalties and...
Moneybox’s valuation climbs to £550m with new £70m investment
Moneybox Funding: UK-based Moneybox secures £70 million, raising its valuation to £550 million, an 84% increase from 2022.
New Investors: New investors Apis...
TransUnion appoints HSBC’s Madhusudan Kejriwal as new CEO for UK and Europe
New CEO Appointment: Madhusudan Kejriwal will become TransUnion’s CEO for the UK and Europe starting January 2, 2025.
Outgoing Interim CEO: Mark Horsey,...
Moneybox’s valuation climbs to £550m with new £70m investment
Funding Secured: Moneybox raised around £70 million, boosting its valuation to £550 million, an 84% increase since 2022.
New Investors: London-based Apis Partners...
Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal
Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of its short-term, interest-free product receivables...
Morocco’s CIH Bank taps Backbase for Engagement Banking platform
CIH Bank, based in Morocco, has partnered with Dutch digital banking provider Backbase to support its digital transformation.
The bank is deploying Backbase's...