AI
US fintech Solutions by Text lands $110m in growth financing
Funding Announcement:Solutions by Text (SBT) secured $110 million in growth financing.
The round was co-led by StepStone Group and Edison Partners.
Stifel...
Banking
CFPB says BNPL firms must comply with credit card consumer protection rules for billing disputes and refunds
Ruling Overview:Agency: US Consumer Financial Protection Bureau (CFPB).
Decision: Designates buy now, pay later (BNPL) firms as credit card providers.
Reasoning: BNPL...
Banking
Thunes to boost US footprint with acquisition of Tilia
Acquisition Details:Thunes, a B2B payments infrastructure firm, has signed a definitive agreement to acquire Tilia.
Tilia, founded in 2019, offers acceptance and...
Banking
Bolt appoints interim CEO as Maju Kuruvilla departs
Leadership Change at Bolt:Maju Kuruvilla, who served as CEO of San Francisco-based fintech Bolt for over two years, has departed from the...
Banking
US fintech Coast secures $92m in mix of equity and debt capital to fuel product development
US-based fintech Coast has secured $92 million in a combination of equity and debt capital.
The equity portion of $25 million was raised...
Banking
Mastercard pilots new Smart Subscriptions feature in the US powered by open banking
Mastercard, a global payments giant, has launched a new subscriptions management solution called Smart Subscriptions in the US.
The solution is designed to...
Banking
Erica Gee appointed new COO of US payment solutions vendor NXTMoves
US payment solutions provider NXTMoves has appointed Erica Gee as its Chief Operating Officer (COO).
In her new role, Gee will lead NXTMoves'...
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