When Kabbage stopped lending in the Spring of 2020, many assumed they would pick up where they left off when they were acquired by American Express. Not quite. Since the deal in August 2020, Kabbage had been repurposed as a checking account service. On Wednesday, however, Kabbage finally announced a return to funding. “Kabbage from...
The issuer says it can offer installment loans without jeopardizing the kind of growth in credit card volume that it reported for the fourth quarter.
The company has launched two offerings: ‘pay in 5’ for purchases between £1 and £500, and ‘Pay in 12’, for purchases between £500 and £3,000.
EBANX, the payments platform in Latin America, announced on December 15, 2021 that it has acquired Remessa Online, a Brazilian Fintech firm that specializes in international remittance services, 'in a deal valued at $229 million.' With the addition of Remessa Online's expertise and tech, EBANX
Much has changed about the way launch pads for startups look, feel and show value today. The earliest investors are rethinking signaling risk, dilution and even the worth of a traditional demo day.
India is looking to bar most private cryptocurrencies when it introduces a new bill to regulate virtual currencies in the winter session of Parliament, the government said late on Tuesday.
Global Processing Services, an API-based payment processor powering some of the world's largest fintechs, including Revolut, Curve, Starling Bank and Zilch, raised a monster $300 million fundraise led by Advent International and Viking Global Investors, according to a press release.
Filipino financial services provider Mynt has landed a $300 million investment round valuing the company at over $2 billion.
The Pennsylvania bank run by Sam Sidhu is updating its platform to support real-time payments for cryptocurrency companies and will offer embedded finance and banking-as-a-service to fintechs.