financial inclusion

Maza Raises $8 Million to Give US Immigrants Financial Foothold
Maza Raises $8 Million to Give US Immigrants Financial Foothold
June 28, 2023  |  Investments

Financial platform Maza has raised $8 million to help provide immigrants with financial identities. The Los Angeles-based company announced the seed funding in a Wednesday (June 28) press release,...

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Can BNPL Help Gen Z Pave Path to a $2.2 Million Net Worth?
Can BNPL Help Gen Z Pave Path to a $2.2 Million Net Worth?
June 28, 2023  |  Buy Now Pay Later

The concept of wealth is constantly evolving — and in the Instagram age, social media makes it all too easy to keep score in the...

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HFSC Chairman Patrick McHenry Opposes Biden Administration Mortgage Plan
HFSC Chairman Patrick McHenry Opposes Biden Administration Mortgage Plan
June 23, 2023  |  Politics

The chairman of the House Financial Services Committee aims to reverse a Biden Administration mortgage plan. Rep. Patrick McHenry (R-North Carolina) said Friday (June 23)...

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Pathward and Propel Partner to Provide Credit to Underserved Consumers
Pathward and Propel Partner to Provide Credit to Underserved Consumers
June 20, 2023  |  Partnerships

Pathward is adding a new line of credit for consumers who have limited access to credit. The national bank has partnered with Propel, a FinTech that will service the...

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Mexico and Peru to Follow Brazil’s Real-Time Payments Footsteps
Mexico and Peru to Follow Brazil’s Real-Time Payments Footsteps
June 18, 2023  |  Real-Time Payments

Despite large proportions of unbanked households hampering real-time payments adoption in Latin America, some countries in the region are expected to see massive real-time payments...

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dLocal Investing $100 Million to Expand in Argentina
dLocal Investing $100 Million to Expand in Argentina
June 16, 2023  |  International

Payment platform dLocal says it is investing heavily in Argentina. The company plans to invest $100 million in that country, while hiring 400 new workers...

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Discover Debuts $36 Million Fund for Startups Focused on Financial Health
Discover Debuts $36 Million Fund for Startups Focused on Financial Health
June 13, 2023  |  Investments

Discover Bank has launched a fund to support startups working to improve people’s financial health. The $36 million Discover Financial Health Improvement Fund will back...

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BNY Mellon and MoCaFi Partner on Payments to Unbanked People
BNY Mellon and MoCaFi Partner on Payments to Unbanked People
June 08, 2023  |  Financial Inclusion

BNY Mellon and MoCaFi have partnered to ease payments to unbanked and underbanked people. With this collaboration, banking giant BNY Mellon’s Treasury Services business will provide a...

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Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
May 24, 2023  |  Investments

Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South...

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