Lanistar faces problems with layoffs, late wages and low employee morale – reports say
Lanistar has been accused of failing to pay its workers on time, suffering from low staff morale, postponing launches, mishandling influencer contracts and of making many employees redundant.
Nigeria-based Cowrywise said to raise $3m in its pre-Series A round
Nigerian FinTech company Cowrywise has reportedly raised $3m in its pre-Series A round, which was led by Quona Capital.
NymCard secures $7.6m in Series A round
Banking as a service startup NymCard Banking has bagged $7.6m in a Series A funding round.
Robinhood reportedly raises $1bn emergency funds after surge of investment activity amidst GameStop chaos
After a tough week, investing app Robinhood has reportedly raised more than $1bn in fresh capital from existing investors after being strained by high volumes of trading.
Latin American success stories and celebrities among the 29 FinTech rounds raised last week
Latin American ventures, Iron Man-backed enterprises and buy now pay later startups among the big winners of the 29 FinTech funding rounds reported on last week.
Dave becomes third most valuable challenger bank in the US after new investment
American challenger bank Dave has received a $100m credit facility from Victory Park Capital.
Robert Downey Jr. backs FinTech platform Aspiration’s $50m raise
Environmentally friendly FinTech platform Aspiration has reportedly netted $50m in a new funding round.
How Kidbrooke believes the biggest challenges banks face in 2021 should be met
The last year was full of challenges, but banks across the world will have plenty of hurdles to overcome in 2021 too.
Latin American neobank Nubank more than doubles valuation to reach a colossal $25bn
Latin American challenger bank decacorn Nubank has reportedly more than doubled its valuation to reach an eye-watering $25bn.
Amidst the GameStop chaos: the World Wide Robin Hood Society is mistaken for Robinhood
The World Wide Robin Hood Society keeps being mistaken for Robinhood as the trading app faces intense scrutiny amidst the GameStop trading chaos.
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