Fintech Zolve Raises $251 Million in Largest Funding Round Yet March 11, 2025 Zolve raised $251 million in its latest equity and debt financing round, the neo bank said on Tuesday, led by...
Financial Firms Hated US Consumer Watchdog, but Rapid Unraveling Creates Limbo February 13, 2025 By Douglas Gillison, Pete Schroeder, Nupur Anand and Hannah Lang At a JPMorgan townhall meeting on Wednesday, CEO Jamie Dimon was asked whether the Trump administration’s decision to abruptly stop...
CFPB Disarray Puts Future Fintech, Bank Oversight Into Question February 10, 2025 By Paige Smith Less than two months ago, the Consumer Financial Protection Bureau was pumping out lawsuits against some of the world’s biggest...
FDIC Looks to Direct Monitoring of Fintech Companies After Synapse Collapse December 5, 2024 By Emily Mason The Federal Deposit Insurance Corp. has started to directly monitor financial-technology companies that partner with banks across the US, according...
Argentina Fintech Ualá Raises $300 Million in Round Led by Allianz X November 13, 2024 By Carolina Millan and Katie Roof Argentine fintech company Ualá has raised $300 million from investors at a valuation of $2.75 billion, the latest funding haul...
Evolve Bank & Trust Confirms Data Was Stolen in Cyberattack June 27, 2024 By Teresa Xie and Charles Gorrivan Evolve Bank & Trust confirmed it was the victim of a cyberattack and that customer data had been posted on...
Saudi Arabian Fintech Firm Rasan Plans to Sell 30% Stake in Riyadh IPO May 8, 2024 By Julia Fioretti Saudi Arabian fintech firm Rasan intends to sell a 30% stake in its Riyadh initial public offering, making it one...
Catastrophe Monitoring Firm ICEYE Completes $93 Million Funding Round April 24, 2024 ICEYE, the microsatellite manufacturer and catastrophe monitoring company, announced definitive agreement signed for an oversubscribed $93 million growth funding round....
Fintech Vesttoo Seeks Chapter 11 Bankruptcy Protection August 15, 2023 Israel-based fintech Vesttoo is seeking Chapter 11 bankruptcy protection in a U.S. court which will enable it to pursue legal...
Indian Insurtech Startup InsuranceDekho Raises $150 Million to Grow SME Business February 14, 2023 By Saritha Rai Indian fintech startup InsuranceDekho raised $150 million from a clutch of investors led by Goldman Sachs Asset Management, an unusually...