Funds such as Soma Capital, GBV, Techstars, Devlabs, Ripio Ventures, and Platanus Ventures also joined Arch's investment round.
Mexico's Kapital announced an expansion into Colombia, fueled by a $100 million credit line from Sivo, a debt-as-a-service company.
Today, it is evident that a homogenized, static engagement and service strategy across all retail banking customers does not work.
The memes and trivial announcements surrounding metaverses hide their true potential. Financial services could be fundamental.
To increase the engagement of the fintech's user community, the new product will expand Nubank's internal rewards program.
The newly minted Pay-by-Bank partnership between J.P. Morgan Payments and Mastercard is an ACH payment that uses open banking.
Tuesday afternoon Binance CEO Changpeng Zhao announced on Twitter an agreement to buy FTX.com, the non-U.S. section of FTX.
New York-based online banking company Ampla Technologies recently launched a new extended payment terms solution called Ampla Pay Later.
While financial institutions are starting to progress on sustainability, there are several ways that progress can be accelerated.
On Monday, Changpeng Zhao of Binance took to Twitter to talk about the failed FTX bailout and what the crypto industry can expect next.