Betterfly became Chile's third unicorn company after it took $125 million from venture capital investors in a Series C raise.
The responsibility for managing compliance is increasingly falling on fintechs. Here are seven areas where fintechs need to focus.
This week saw Plaid announce a new instant payments product, Visa is getting into P2P payments, venture capital funding for Q1, the CFPB director wants changes in bank supervision and we find out more details about Paze.
Pix achieved the milestone of 3 billion monthly transactions in March, up from a previous record of 2.8 billion by the end of last year.
Tricolor uses AI and decades of auto finance experience to provide credit to Hispanic motorists in the United States via an integrated model.
The new Mighty Oak Visa debit card from Acorns has a solid foundation for success says a representative from long-time partner Helix by Q2. GM Ahon Sarkar said he’s not surprised by Acorns’ prosperity since the two companies first partnered seven years ago, which is an eternity in fintech.
Argentine payments fintech Pomelo secured $40 million in a Series B round led by Kaszek Ventures, taking total funding to over $100 million.
Supporting credit unions in their digital transition, Glia has implemented effective tools for customer service. This will now be enhanced.
Artificial intelligence (AI) can significantly improve loan decisioning accuracy, but several factors must be considered to maximize that effectiveness. Luckily, given some care and consideration, Zest AI’s chief legal officer Teddy Flo said they can be easily applied.
The firm has helped members save upwards of $7 billion to date through retirement savings, investing, and rainy day fund planning.