Tag: US

The US Securities and Exchange Commission (SEC) has issued a $5m penalty to Morgan Stanley Smith Barney after it providing misleading information to clients in its retail wrap fees programmes.

Stilt, which helps immigrants and underserved consumers access loans, has reportedly collected $7.5m for its seed round.

bunq’s founder is considering a US expansion and hints at making the challenger bank’s first funding round ever. But first, Ali Niknam must overcome Brexit and the coronavirus.

Astra, the company behind an automation app for moving money has joined Visa's Fintech Fast Track programme.

Nexar, the dash cam system provider, has secured $52m in a funding round alongside a new partnership with Japanese insurance firm Mitsui Sumitomo Insurance.

The race among UK challenger banks to establish themselves across the pond has got fiercer after Monzo applied for a US banking licence.

Neobanks are transforming finance around the world. However, some are making bigger waves than others.

Accounts payable software developer AvidXchange has raised up to $127m in a new funding round, according to a new US Securities and Exchange Commission filling.

North American credit provider CURO has raised $100m in senior secured revolving credit faculty from Atalaya Capital Management, a private credit and special opportunities alternative investment manager.

FinTech Fenergo has unveiled a new cloud-based remote account opening solution ahead of schedule in order to assist US small businesses in accessing PPP emergency loans.