Banking
FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees
The Federal Trade Commission (FTC) has filed a lawsuit against the neobank Dave, claiming the company misled consumers about cash advance amounts and...
AI
AI co-pilot solution Reflexivity raises $30m Series B led by Greycroft and IBKR
Funding Round: Reflexivity raised $30 million in a Series B round led by Greycroft and Interactive Brokers (IBKR).
Integration with IBKR: IBKR plans...
Banking
New digital wallet Kuady launches in several LatAm markets powered by Mambu
Launch: Open Payment Technologies has launched Kuady, a digital wallet app, in Peru, Chile, Argentina, and Mexico, aimed at financial inclusion.
Powered by...
AI
Socure inks $136m deal to acquire AI-powered risk decisioning platform Effectiv
Deal Overview: Socure, a US digital identity verification and fraud prevention platform, will acquire San Francisco-based risk decisioning start-up Effectiv for $136 million.
...
Banking
ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
Authologic Raises $8.2 Million in Series ALocation: Poland
Funding: $8.2 million Series A
Led by: OpenOcean, with support from YCombinator, Peak Capital, and...
AI
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
Abhi Secures $15 MillionLocation: UAE
Funding: $15 million in credit financing
Led by: Shorooq Partners and Amplify Growth Partnership
Founded: 2021 in Pakistan
...
Banking
Stripe reportedly in discussions to buy stablecoin infrastructure start-up Bridge in potential $1bn deal
Stripe, a leading US payments company, is reportedly in advanced discussions to acquire Bridge, a stablecoin infrastructure start-up, in a deal potentially valued...
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