Bilt Rewards more than doubles its billion-dollar valuation with new $200m equity investment
Valuation Milestone: New York-based Bilt Rewards reaches a valuation of $3.1 billion after securing a $200 million equity investment.
Key Investors and Leadership Changes:...
BillingPlatform lands $90m growth equity investment from FTV Capital
BillingPlatform secures a $90 million growth equity investment from FTV Capital.
FTV Capital's Kyle Griswold and Richard Liu to join BillingPlatform's board of...
CFPB proposes new laws to stamp out NSF fees for transactions declined in real time
The US Consumer Financial Protection Bureau (CFPB) proposes a ban on fees for non-sufficient funds (NSF) charged by banks, credit unions, and certain...
Navy Federal Credit Union taps Oracle for cloud and account servicing tech overhaul
Navy Federal Credit Union (NFCU), the largest retail credit union in the US, has partnered with Oracle for cloud and account servicing technology.
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ModernFi lands $18.7m Series A funding to boost deposit network expansion
Funding News: ModernFi, a US fintech, secures $18.7 million in Series A funding round.
Investors: Canapi Ventures leads the round, joined by Andreessen...
US fintech Brex to axe 20% of workforce
Brex, a US-based expense management platform, is cutting 282 jobs, approximately 20% of its total workforce, in a restructuring effort.
Founder and co-CEO...

