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Latest Results from /startups

/startups

Green Dot invests in Gig Wage

Californian bank Green Dot is investing in and partnering with startup Gig Wage to bring banking and financial tools to gig workers.

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Visa's Plaid takeover faces antitrust scrutiny - WSJ

The US Justice Department could sue to block Visa's $5.3 billion acquisition of bank data sharing startup Plaid over competition concerns, according to the Wall Street Journal.

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Teen banking app hires Chime's Gonzalez to lead customer experience

Copper, an app-based banking startup targeting teens, has brought in Chime executive Daniel Gonzalez as vice president of customer experience and compliance.

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UBS to invest $200 million in fintech startups

UBS is to invest $200 million in fintech startups through a new venture fund that will underpin internal modernisation efforts and strengthen strategic partnerships.

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Augmentum Fintech bids to raise £28 million

Augmentum Fintech is looking to raise £28 million from a placing to fund further investments for its expanding portfolio of financial technology firms.

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LSE, ABN Amro and Fidelity join $50m round in PrimaryBid

PrimaryBid, the British fintech platform that connects retail investors with public companies raising capital, has closed a $50m Series B investment round.

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India preps fintech regulatory sandbox for smart city hub

Indian regulators have set out the framework for a fintech regulatory sandbox designed to help firms experiment in a live environment.

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TrueLayer enters Australian Open Banking market

UK Open Banking startup TrueLayer has hired Brenton Charnley to lead its push into the Australian market.

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Lunar to extend product suite on €40 million capital raise

Nordic challenger Lunar has raised $40 million in funding as it prepares to extend its roster of products into the buy now, pay later and account aggregation and payment initiation space.

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Urban One account rewards users for shopping at black-owned merchants

US media company Urban One has opened a digital bank account that rewards users for shopping at black-owned businesses.

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Hong Kong virtual bank Mox signs 35,000 customers in first month

Standard Chartered-supported Hong Kong virtual bank Mox has signed up 35,00 customers within its first month of operation.

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Possible Finance raises $11m over Zoom; makes remote working permanent

Possible Finance, a Seattle-based digital short-term lender for people with poor credit, has been adjusting to the Covid-29 economy, raising $11 million in funding via Zoom calls and making the long-term switch to remote working.