Revolut Seeks Debt and Equity Round Worth $1.5bn
UK based digital bank Revolut is looking to raise a fresh round of capital worth $1.5bn; the startup hired investment bank JPMorgan to help ...
Google Bans Payday lenders from Google Play App Store
Google has made the decision to ban payday lenders from their Google Play App Store; the company defines payday lending as those with loans ...
Funding Circle Tries to Calm Investors about Secondary Market
Funding Circle sent a letter to investors saying that the company is well capitalized and is focused on solving the secondary market problem; investors ...
HSBC Revamping First Direct
HSBC is working on a relaunch of their First Direct offering which aims to compete with other digital banks like Monzo; the bank plans ...
Facebook’s Libra Project Suffers More Partner Departures
Facebook’s Libra Project has faced persistent rumors about association members leaving and those rumors are starting to come true; last week PayPal backed out, ...
Debit Card Payments Made Possible by Google in Brazil
Online retailers in Brazil only accept credit cards due to the fraud risk that comes with debit cards; however, today Google has launched a ...
New Studies Show Some Unease with Big Tech and Banking
Two new studies by the Consumer Bankers Association and Novantas and McKinsey point to some unease with consumers when it comes to big tech ...
Fintech Raises Make Up a Significant Portion of Crowdcube’s Volume
Last quarter fintech volume on the crowdfunding site reached 38% of the total £39 million invested; Curve, Chip and Gohenry were some of the ...
Lend Academy Podcast: Chris Hargrove of ProBank Austin
The Chairman and CEO of ProBank Austin discusses how and why a fintech company should go about acquiring a small bank. ...
Announcements & Releases for October 14, 2019
Banks launch platform to propel bond issuance into electronic age Metro Bank brings fintech to UK SMEs with ...