Search Results for: Traditional banks

Klar Announces USD $90Million Funding Round to Continue Reinventing Personal Digital Finance in Mexico
Finance News

Klar Announces USD $90Million Funding Round to Continue Reinventing Personal Digital Finance in Mexico

Fintech News Desk
by Fintech News Desk0
Klar, a leading digital financial services platform providing a transparent, free, and secure alternative to legacy banking services in Mexico, today announced a USD $90M funding round led by General Atlantic, a leading global growth equity firm. Prosus Ventures, Quona, Mouro, IFC, Acrew, WTI, and Endeavor Catalyst also participated in......
Desty, the new digital bank of Banese, is powered by Technisys to support financial inclusion
Banking News

Desty, the new digital bank of Banese, is powered by Technisys to support financial inclusion

Fintech News Desk
by Fintech News Desk0
The initiative is considered to be a pioneer among the state public banks of Brazil and aims to monitor market changes and help meet consumer needs to support financial inclusion in the country. The Banese Group introduces a new digital bank, Desty, to the Brazilian market. This launch was made possible with the......
Formo Holdings – The Next Big Thing in DeFi Investment Solutions
Cryptocurrency DeFi Investment Services News

Formo Holdings – The Next Big Thing in DeFi Investment Solutions

Fintech News Desk
by Fintech News Desk0
Decentralised finance (DeFi), also known as open finance innovation, was a watershed point in the history of finance. With the advent of tokens like Compound and Sushiswap promising significant payouts to crypto traders, it grew to prominence in the summer of 2020. According to DeFi Pulse, the total value locked......
Crediclub Partners with L Catterton to Accelerate Growth and Expand Access to Financial Services in Mexico
Lending News

Crediclub Partners with L Catterton to Accelerate Growth and Expand Access to Financial Services in Mexico

Fintech News Desk
by Fintech News Desk0
Crediclub, one of Mexico’s fastest-growing lending platforms, announced that it has entered into a binding agreement to partner with L Catterton, the largest global consumer-focused private equity firm. Under the terms of the agreement, L Catterton Latin America will acquire a significant minority stake to support the company in its mission to provide all......
N26 Teams Up With Bitrise To Scale Mobile Banking App And Achieve 200%+ Increase in Monthly App Store Releases
Mobile Banking News

N26 Teams Up With Bitrise To Scale Mobile Banking App And Achieve 200%+ Increase in Monthly App Store Releases

Fintech News Desk
by Fintech News Desk0
The Mobile Bank Taps Mobile DevOps Company to Increase Frequency of Releases to App Stores, from Once Every Three Weeks to Nearly Once a Week, While Ensuring Strict Compliance Standards N26, the mobile bank that lets users in 24 markets control their accounts and debit cards from a mobile app,......
Alchemy Announces Their Expansion Into the Latin America Fintech Market
Fintech Lending News

Alchemy Announces Their Expansion Into the Latin America Fintech Market

Fintech News Desk
by Fintech News Desk0
Alchemy advances their end-to-end lending platform into Latin America to provide small businesses with a premier solution Latin America Fintech Landscape Over the COVID-19 pandemic the fintech landscape changed dramatically as the majority of the population began transitioning from traditional in-store purchases to e-commerce and online payments. Another contributor to the......
BetaBank Submits FDIC Application for Digital Bank Focused on Equitable SMB Lending
Banking Cloud News

BetaBank Submits FDIC Application for Digital Bank Focused on Equitable SMB Lending

Fintech News Desk
by Fintech News Desk0
BetaBank aims to remove human bias from deposit and lending services with support from Google Cloud and Deloitte Beta Financial Services, Inc. submitted an application with the Federal Deposit Insurance Corporation (FDIC) to organize BetaBank, a digitally native bank built for small-to-medium sized businesses (SMBs) with a mission to provide fair,......
OneVest Raises CAD $5 Million and Launches Canada’s First Embedded Wealth Management Platform
Finance Fintech News

OneVest Raises CAD $5 Million and Launches Canada’s First Embedded Wealth Management Platform

Fintech News Desk
by Fintech News Desk0
OneVest, an embedded wealth management platform serving fintechs, digital banks and financial institutions, announced that it has secured $5M in venture financing to expand the team, grow sales and drive product development. “Our mission is to make investing more accessible to everyone, and available anytime, anywhere and through any channel.”......
Ex-Fed Risk Specialist Michael Shing joins XREX as Director of Risk Management
Fintech News Risk Management

Ex-Fed Risk Specialist Michael Shing Joins XREX as Director of Risk Management

Fintech News Desk
by Fintech News Desk0
Blockchain neo fintech company XREX Inc. announced that Michael Shing onboards as its Director of Risk Management. Shing spent more than a decade with the Federal Reserve branches in San Francisco and New York, first as an analyst then a senior risk specialist. Prior to his time with the Fed, Shing held......
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