Tag: USA
Varo Bank names Wook Chung as CPO
Varo Bank, the first all-digital, nationally chartered consumer digital bank in the US, has named Wook Chung as its chief product officer.
BNPL giant Klarna makes it big in the US
After a troubled start, BNPL giant Klarna has experienced strong momentum in the US market, with a 71% year-over-year growth in GMV and improved credit loss rates by 37%.
Stripe launches Enhanced Issuer Network to combat fraud
FinTech giant Stripe has launched Enhanced Issuer Network, a set of partnerships with major US card issuers, with the aim of reducing fraud.
Republicans ask Congress to block ESG rule
A group of 27 Republican state Attorneys General have reportedly published a letter to Congressional leaders aimed at blocking the implementation of an ESG investing rule.
Singaporean super wallet Cenoa bags $7m
Cenoa, which stylises itself as a borderless super wallet, has raised $7m in its seed round to support market expansion.
Maryland-based CyberTech Foretrace bags $500,000
Maryland-based CyberTech Foretrace has received $500,000 in seed funding from TEDCO, an investor focused on technology companies in Maryland.
On-demand payment service DailyPay scores $260m
DailyPay, an on-demand payment platform to help America’s workforce have more control of their finances, has netted $260m in funding.
US-based Core10 closes Series B to support digital transformation
US-based Core10, which offers lending and account opening products, has raised $6.5m in its Series B funding round.
Full-service 401(k) unicorn Human Interest sparks BlackRock interest
FinTech unicorn Human Interest, which provides a full-service 401(k), has received a minority investment from investment major BlackRock.
Remittance company Servicio UniTeller hit with $700k fine
The Consumer Financial Protection Bureau (CFPB) has ordered international remittance company Servicio UniTeller to pay a $700,000 penalty.
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