Tag: Consumer/Personal Finance

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US digital banking platform Greenwood acquires neobank Kinly

Greenwood, a digital banking platform catering to Black and Latino individuals and businesses in the US, has acquired Kinly, a neobank focused on improving...

South Korea’s Kakao Pay eyes majority stake in Siebert

South Korean fintech Kakao Pay has acquired a 19.9% stake in US-based financial services firm Siebert Financial Corp for approximately $17 million, with plans...

Santander taps DailyPay to offer on-demand pay services

Santander Bank has teamed up with DailyPay to provide its commercial banking clients in the US with an on-demand pay solution. This solution will...

ID Finance bags $30m debt facility to boost growth in Mexico

Spanish fintech ID Finance has secured a $30 million debt facility from SR Alternative Credit to support its consumer lending business in Mexico. The...

Goldman Sachs mulls potential sale of BNPL fintech GreenSky

Goldman Sachs is considering selling its fintech lender and buy now, pay later (BNPL) provider GreenSky, which it acquired in September 2021 for $2.24...

Pennyworth CEO says banking authorisation is “in sight” as start-up plots growth

Pennyworth Financial, a financial planning app, is about to complete its bank application process, according to co-founder and CEO Jeremy Takle. FactsPennyworth Financial was...