One of the largest licensed lenders in the US will pay a $15 million fine for “widespread illegal conduct” including withdrawing funds from customers’...
Latin America’s leading e-commerce site, Mercado Libre, reported a surge in third-quarter profits. The company booked $359 million in net income, up 178% from...
BlockFi was a cryptocurrency-focused wealth generation platform that offered a suite of products, such as the BlockFi credit card, a BlockFi custodial wallet, and...
US Bank has launched an embedded, multi-channel point-of-sale lending platform that lets firms offer customers financing at the checkout. Called Avvance, the...
The Marriner S. Eccles Federal Reserve building in Washington, D.C.Stefani Reynolds/Bloomberg via Getty ImagesAfter a pause last month, experts predict the Federal Reserve will...
Revolut is
enduring another blow to its valuation as tech-focused investment firm Molten
Venture has written down its stake in the London-headquartered challenger bank.
According to Molten’s...
This week’s edition of Finovate Global takes a look at recent fintech developments involving companies headquartered in France. First up is news that...
The marketplace lending space is now relatively mature, particularly when it comes to consumer loans, with several platforms 10-15 years old. The first public securitization was...
