Tag: USA
ICYMI fintech funding round-up: Kudos, Teal, WeMoney and more
Kudos Secures $10.2 Million in Series A Funding:Funding Round:Amount: $10.2 million
Led by: QED Investors
Other Participants: Patron, Samsung Next, SV Angel,...
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...
Real estate investment management start-up Agora lands $34m Series B
Funding Details:Amount Raised: $34 million.
Series: B.
Lead Investor: Qumra Capital (Tel Aviv).
Additional Investors: Insight Partners and Aleph (UK-based).Company Overview:Founded: 2019.
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JP Morgan Chase commits additional £40m to boost economic growth in the UK
Investment Details:Total Commitment: £40 million over five years.
Overall Investment Since 2019: £90 million.Focus Areas:Financial Health and Careers/Skills Development:Total Allocation: £24...
US CFPB sues SoLo Funds for allegedly “deceiving borrowers about the total cost of loans”
Overview:Entity Involved: US Consumer Financial Protection Bureau (CFPB).
Target: SoLo Funds, a peer-to-peer (P2P) lending platform.
Allegation: Deceiving borrowers about the total cost...
Cache Valley Bank in front-to-back office tech revamp with Finastra
Bank Overview:A community bank with $2.9 billion in assets.
Serves Utah and Southern Idaho, USA.Modernization Effort:Upgrading front-to-back office technology with Finastra’s solutions.
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