As the Biden administration works to bring legislation to Congress to address the endemic problem of immigration reform in America, on the other side of the nation a small California […]
Banking
Trending topics and news from the Banking category
Back to news homeTransformation of stock exchanges will be a boon for fintech
The rise of private securities marketplaces is likely to mark the beginning of the end for the national stock exchange monopolies. It will herald a chance for challenger banks and […]
Institutional trust is the real meme
Hello friends, this is Week in Review. Last week, I dove into the AR maneuverings of Apple and Facebook and what that means for the future of the web. This […]
Stilt, a financial services provider for immigrants, raises $100 million debt facility from Silicon Valley Bank
Stilt founders Priyank Singh and Rohit Mittal Stilt, a provider of financial services for immigrants in the United States, announced today it has raised a $100 million warehouse facility from […]
Berlin’s Remagine secures $24M to finance high-growth and impact-led startups
Remagine, a financing platform offering banking services to high-growth companies with an ‘impact’ twist, has raised €20 million ($24M) in a Seed funding round. The Berlin-based startup has been operating […]
Venmo adds a check cashing feature, waives fees for stimulus checks
Venmo this morning announced it will begin to offer a new check cashing service, “Cash a Check,” in the Venmo mobile app. The feature, which is being rolled out to […]
GoHenry, a pre-paid card and finance app for 6-18 year olds, raises $40M
Young people have long been a prime, if especially careful, target for financial services companies: find the right and responsible way to connect with them, and you could have a […]
Mike Cagney is testing the boundaries of the banking system for himself — and others
Founder Mike Cagney is always pushing the envelope, and investors love him for it. Not long sexual harassment allegations prompted him to leave SoFi, the personal finance company that he […]
African fintech startup Chipper Cash raises $30M backed by Jeff Bezos
African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon […]
Construction tech startups are poised to shake up a $1.3-trillion-dollar industry
Allison Xu Contributor Allison Xu is an investor at Bain Capital Ventures, where she focuses on investments in the fintech and property tech sectors. In the wake of COVID-19 this […]