Tag: fintech

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Avidbank partners Corserv to launch commercial credit card programme

Avidbank in the USA partners with Corserv to launch a new credit card offering for commercial clients.Corserv’s Role:Corserv’s Account Issuer...

French fintech Lydia launches digital banking app Sumeria

Company Overview:French fintech start-up Lydia. Originally launched in 2013 as a P2P payments app. Currently serves 8 million users in France, Spain,...

UK lender Abound secures £800m in mix of equity and debt financing

Abound's Financing Round:UK-based credit technology firm Abound has secured a new financing round consisting of both equity and debt financing, potentially extending...

ICYMI fintech funding round-up: Fundcraft, Volta, Swypex, SAVR and more

Fundcraft:Raised €5 million in Series A funding round. Led by Swiss VC Aperture Capital with support from SIX Fintech Ventures and other...

CIBC Mellon taps Duco for AI-powered data automation tech

CIBC Mellon, a joint venture between CIBC and BNY Mellon, partners with UK-based Duco for AI-powered data automation. The partnership aims to enhance...

FINRA fines SoFi $1.1m after consumer identification flaws led to multi-million dollar heist

Fine Imposed on SoFi by FINRA: SoFi, an online lending platform, has been fined $1.1 million by the Financial Industry Regulatory Authority (FINRA)...