Tag: Financial Services/Finserv

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UK-Africa remittance start-up Zazuu closes down

Company Closure: UK-based fintech start-up Zazuu is shutting down. Market Focus: Zazuu operated in Africa, running a cross-border payment network marketplace. Funding History:...

US lender Enova fined $15m by CFPB for “widespread illegal conduct”

Enova was fined $15 million by CFPB and banned from offering certain short-term loans. Charges include unauthorized fund withdrawals, deceptive loan statements, and...

Regulators approve ex-UK cabinet minister Gavin Williamson’s appointment to Lanistar advisory board

Acoba Approval:The Advisory Committee on Business Appointments (Acoba) has approved Gavin Williamson's appointment to the advisory board of UK-based fintech Lanistar.Williamson's...

US digital bank Green Dot appoints SVP Dave Harden as new CTO

Dave Harden as CTO:Dave Harden was appointed as the new Chief Technology Officer (CTO) of Green Dot. Internal promotion from SVP of...

ICYMI fintech funding round-up: Refine Intelligence, Apiture, Solvimon and more

Refine Intelligence:Raised $13 million in seed funding. Uses AI to scan AML alerts, reducing investigation time. Plans expansion in North America, Europe,...

Lack of funding forces US credit card fintech Ness to close down

Ness Closure Announcement:US fintech Ness, specializing in credit cards for wellcare, is shutting down. CEO Derek Flanzraich cites running out of cash...