Tag: USA

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US business payment platform Bill reportedly closing on $1.95bn deal to acquire Melio

Acquisition Talks: Bill Holdings, a US financial services platform, is in talks to acquire Melio Payments. Deal Value: The potential acquisition is valued at $1.95...

CFPB targets US fintech firms with proposals for increased regulatory scope

The Consumer Financial Protection Bureau (CFPB) aims to subject large tech firms and neobanks to supervisory examinations similar to traditional banks. Proposed regulations...

Goldman Sachs reportedly seeks new issuer for General Motors credit card

Goldman Sachs Plans to Sell GM Credit Card ProgramGoldman Sachs is reportedly planning to sell its General Motors (GM) credit card program. ...

Volante Technologies lands $66m in debt and equity funding round

Volante Technologies raises $66 million in funding led by Sixth Street Growth. Wavecrest Growth Partners and Wells Fargo Strategic Capital also participate, bringing...

MPOWER Financing boosts lending capacity to over $300m with fresh debt funding

US-based fintech MPOWER Financing secures debt financing from Deutsche Bank, Goldman Sachs, and Värde Partners. Financing will enhance lending capacity to over $300...

PFM downturn continues as Status Money closes down

Personal finance app Status Money is closing its doors on November 10. Founded in 2016 by former Citi and Goldman Sachs bankers Majd...