Tag: Consumer/Personal Finance
Bright Money lands $62m debt and equity funding
US-based consumer fintech start-up Bright Money secures $62 million in funding, combining debt and equity, for its AI-driven bank aimed at debt-laden consumers.
FactsBright...
Raisin appoints former UBS chair Axel Weber as advisor and board member
Berlin-based fintech Raisin appoints Axel Weber, former president of the German Central Bank, as an advisor and board member, amid significant growth and a...
Singapore’s Grab pulls the plug on investment services citing non-viability
Singapore's super-app Grab is discontinuing its retail investment products, GrabInvest, as they are considered financially unviable.
FactsGrab is winding down its retail investment products,...
Mercedes-Benz drives in-car fuel payments through new Mastercard partnership
Mercedes-Benz has partnered with Mastercard to allow customers in Germany to pay for fuel directly from their cars, offering a convenient in-car payment solution.
Facts...
Santander reorganises structure to streamline operations
Santander's CEO, Hector Grisi, is implementing a major restructuring to enhance operational efficiency and profitability, dividing the bank into five core segments and creating...
CardsPal founder and CEO Saim Yeong Harng steps down three months after Utu acquisition
Saim Yeong Harng, founder and CEO of CardsPal, steps down three months after its acquisition by Utu, a travel fintech company.
FactsFounded in 2019...