Raisin Brings in $114mn as they Eye Expansion
German based Raisin has raised $114mn from Index Ventures and PayPal; the wealth tech startup helps customers find accounts with higher rates across the ...
Announcements & Releases for February 1, 2019
Another Profitable Year for Marlette Funding as Best Egg Surpasses $7B of Personal Loans Blockchain RegTech Startup TRM Secures $1.7 ...
Banks and Fintechs Argue Over Payments Systems
Banks and fintech firms are in competition over payments systems and each thinks real-time payments should be run differently; Bank of America, Citigroup, JPMorgan Chase ...
Online Small Business Lending Platforms Helped to Fuel Economic Growth
When banks pulled back from lending to any small business perceived as risky in the wake of the financial crisis there was a new group ...
PayPal and Mastercard Execs Talk about Partnering with Banks and Tech Companies in Davos
Bill Ready, COO of PayPal made an interesting analogy speaking at the World Economic Forum that fintech firms should look at banking rivals using the ...
Big Tech Firms Push the Fed to Take Lead in Real Time Payments
Amazon, Apple, Google, PayPal, Square, Stripe and Intuit all joined a letter sent to the Federal Reserve asking the central bank to take the lead ...
Announcements & Releases for December 6, 2018
Raisin UK now offers account courtesy of Starling Monzo raises £20m through crowdfunding Ping An-backed Lufax raises $1.3 ...
PayPal Acquisition of iZettle Being Questioned
Citing that PayPal could now face insufficient competition in the UK after their acquisition of their leading rival their iZettle, the UK Competition and Markets ...
PayPal and Square Becoming Leaders in Small Business Lending
PayPal and Square are quietly becoming two of the largest small business lenders in the country. They are often dealing with very small businesses that ...
Announcements & Releases for November 16, 2018
Chase and Visa are teaming up on contactless cards PayPal Announces Full Acquisition of Hyperwallet Online Lending Platform ...