Sometimes regulators’ efforts to protect consumers miss the mark. Case in point. In 1980, the State of Massachusetts actively intervened to prevent its citizens from investing in a flashy new tech startup for fear that the suggestible residents of the Bay State would be taken...
Mobile payments startup Fortumo has hired Google payments veteran Tim Carter as its chief revenue officer, the company announced on Friday (April 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Funding Circle has gotten a capital infusion of its own, raising $150 million. 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....
Since its launch in 2008, the crowdfunding startup GoFundMe has been a bootstrapped operation. It seems that may be about to change, according to sources who spoke to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
California will track consumers who take out payday loans and ban letting online payday lenders getting electronic access to customers’ bank accounts under a new regulatory proposal, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Ever since Everline and Ezbob joined forces in February to form what’s currently the biggest e-lending platform in the UK, it’s experienced a rapid growth rate. And while the alt-lending space is still at its infancy in the region, the landscape is changing, and the...
P2P currency exchange marketplace CurrencyFair has closed a €10 million ($10.7 million) funding round, the Dublin-based company said on Thursday (April 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The ranks of the unbanked are getting smaller around the world, according to a new report released by the World Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
It’s now clear where this month’s $10.5 million in funding for investment app Acorns came from — and what it’s for. On Wednesday (April 15) Acorns said it has raised $23 million in a funding round that will let it launch its first app for...
