Monday, July 22, 2024
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Tag: USA

Boku names former NatWest exec Rob Whittick as new CFO

Key Points:Company Background:Headquarters: London and San Francisco Founded: 2008 Services: Localized payment solutions, direct carrier billing, A2A/real-time...

CFPB proposes new rule to include payday advances under Truth in Lending Act

Key Points:Proposed Rule:Payday loan advances would be brought under the same scope as consumer loans. Fees associated...

B2B paytech Slope lands $65m equity and debt funding led by JP Morgan

Key Points:Investment Details:Total Investment: $65 million Led by: JP Morgan Payments Participants: Y Combinator, Jack Altman (Alt...

US fintech Coast bags $40m Series B for product, partnership and team expansion

Key Points:Investment Details:Total Raised in Series B: $40 million Lead Investor: ICONIQ Growth New Board Member: Yoonkee...

US Federal Reserve fines digital bank Green Dot $44 million over “unfair and deceptive practices”

Key Points:Reason for Fine:Unfair and Deceptive Practices: Violations in marketing, selling, and servicing of prepaid debit card...

Black Hills Federal Credit Union tasks NCR Atleos with ATM management in new agreement

Black Hills Federal Credit Union (BHFCU) Partners with NCR Atleos for ATM ManagementObjective:Transform self-service banking for over...

Meridien Holdings acquires stake in FX liquidity firm DKK Partners to bolster plans for NYSE listing

Meridien Acquires 27% Stake in DKK PartnersAcquisition Details:Acquirer: US-based holding company Meridien Stake Acquired: 27% of DKK...

ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more

ICYMI Funding Round-Up: Latest Fintech Funding NewsDopayAmount Raised: $13.5 million Series A extension. Lead Investor: Argentem Creek...

Cash App to exit UK as Block scales back international expansion plans

Summary of Cash App's Exit from the UK MarketCompany: Cash App, a division of Block (formerly known as...

Former KeyBank digital chief Jamie Warder joins Alliant Credit Union as CIO and business strategy lead

Summary of Alliant Credit Union's New CIO AppointmentCompany: Alliant Credit Union. New CIO: Jamie Warder. Position Start Date:...

US fintech Aven’s valuation tops $1bn with latest $142m Series D capital raise

Summary of Aven's Series D Funding and Expansion PlansCompany: Aven, a credit solutions start-up based in San Francisco,...

Brazil’s Matera lands $100m investment from Warburg Pincus

Summary of Matera's $100 Million Investment from Warburg PincusInvestment Details:Total Amount: $100 million. Investor: Warburg Pincus, a...