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Goldman Sachs leads $50M round for credit card platform Deserve

Goldman Sachs leads M round for credit card platform Deserve Deserve, a credit card startup helping young people establish themselves as well as a cloud-based credit card platform for businesses, has raised $50 million in a new round of Series C funding led by Goldman Sachs, the company announced today. Others participating […]

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Walmart and Green Dot to jointly establish a new fintech accelerator, Tailfin Labs

Walmart and Green Dot to jointly establish a new fintech accelerator, Tailfin Labs Walmart announced today an expansion of its existing relationship with financial services provider Green Dot, which will continue to serve as the issuing bank and program manager for the Walmart MoneyCard program for another seven years. The two companies […]

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Revolut launches publicly in Singapore, signs deal with Mastercard

Revolut launches publicly in Singapore, signs deal with Mastercard London-based fintech startup Revolut has two pieces of news to announce this week. First, Revolut is expanding to Singapore after a long beta period. The company already has 30,000 customers there and anyone can open an account now. Singapore residents will be able […]

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Bnext raises $25 million for its mobile banking alternative

Bnext raises million for its mobile banking alternative Fintech startup Bnext has raised a $25 million funding round. The Spanish company is building a banking product and has managed to attract 300,000 active users. DN Capital, Redalpine and Speedinvest are leading today’s funding round. Existing investors Founders Future and Cometa are also […]

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Summer wants to vanquish student loans for borrowers, and now has $10M to do it

Summer wants to vanquish student loans for borrowers, and now has M to do it $1.5 trillion. That’s the amount of outstanding student loan debt held by American citizens according to the New York Fed. It is an astronomical sum, and has led to much hand-wringing about whether there is a coming […]

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Manila-based payments processing startup PayMongo raises $2.7 million in seed funding

Manila-based payments processing startup PayMongo raises .7 million in seed funding Manila-based financial tech startup PayMongo has raised $2.7 million in seed funding to give merchants in the Philippines and other Southeast Asian markets simple ways to set up online payments. Investors included Founders Fund, Peter Thiel and Stripe, with participation from […]

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Accion Venture Lab launches $23M inclusive fintech startup fund

Accion Venture Lab launches M inclusive fintech startup fund Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership, as its called, will make seed-stage investments in inclusive fintech startups, defined as ventures that “that leverage technology […]

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Revolut ramps up customer support with plans to hire 400 people in Porto

Revolut ramps up customer support with plans to hire 400 people in Porto Fintech startup Revolut has been growing like crazy and now has 6 million customers. The company has to scale its support team accordingly. That’s why Revolut just announced plans to open a customer operations centre in Porto, Portugal. There […]

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N26 launches Shared Spaces and is now fully available in the U.S.

N26 launches Shared Spaces and is now fully available in the U.S. Challenger bank N26 is announcing two things this week. First, the company lets you share sub-accounts with other N26 users in just a few taps. Second, after a limited beta test, the company is officially launching in the U.S. with […]

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Financial services marketplace CompareAsiaGroup raises $20 million in new funding led by Experian

Financial services marketplace CompareAsiaGroup raises million in new funding led by Experian Experian, one of the largest credit reporting bureaus in the United States, announced today that it has invested in CompareAsiaGroup, the financial services marketplace. Experian led the initial closing of a $20 million B1 round. In addition to new funding, […]

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