Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), the UK’s financial regulatory watchdog, warned UK banks on Wednesday (Feb. 7) that they shouldn’t use excuses of security concerns to stop FinTechs from accessing customer data. Get the Full Story Complete the form to...
In a new financing round led by Valar Ventures, Petal raised $13 million in its mission to make credit cards accessible to those without a good credit history, TechCrunch reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A Democrat has some serious advice for Congress when it comes to FinTech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Mike Cagney, the SoFi founder who was ousted from the company three months ago after allegations of sexual harassment, is already working on his next move. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Japanese tech giant SoftBank is leading a $120 million investment round in home insurance startup Lemonade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Revolut, the mobile banking startup, announced Tuesday at TechCrunch’s Disrupt Berlin event that it is combining its traditional banking business with cryptocurrency to enable customers to sell, trade and hold digital currencies including bitcoin, Litecoin and Ether, as well as 25 world fiat currencies. Get...
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Quant, a FinTech that has backing from movie stars in China, has tapped JPMorgan Chase & Co. and Morgan Stanley to serve as advisors to its initial public offering in the U.S. Get the Full Story Complete the form to unlock this article and enjoy...
FinTech startup Bread, which offers consumer financing on large online purchases, has raised $126 million in a Series B venture capital (VC) funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...