Tag: Fintech
SoLo Funds Faces Class Action Lawsuit: What You Need to Know
SoLo Funds, a financial company, is currently facing a class action lawsuit for allegedly misleading consumers. The lawsuit claims that SoLo Funds advertised loans...
X Payment Service Launch: Updates and Progress | TechCrunch
X, previously known as Twitter, is moving forward with its plans to launch a payment service, bringing it closer to Elon Musk's vision of...
Stripe acquires Lemon Squeezy: A New Era in Payment Processing |...
Payments company Stripe recently made a big move by acquiring Lemon Squeezy, a competitor that specializes in calculating and paying global sales tax for...
Egyptian fintech MNT-Halan acquires Turkish fintech to expand, secures $157.5M
Egyptian fintech company MNT-Halan is making big moves in the industry. They have recently secured $157.5 million in funding and have used part of...
Paytm Faces Revenue Decline and Regulatory Challenges: What’s Next?
Indian fintech giant Paytm continues to face challenges as it reported a significant decline in revenue and an increase in losses in the first...
The Collapse of Synapse: Impact on Fintech Users Explained
The collapse of BaaS fintech Synapse has sent shockwaves through the fintech industry, exposing the risks associated with relying on interconnected players in the...
Uzbekistan Mobile Bank TBC Raises $38.2M for Financial Product Expansion
Uzbekistan’s only mobile-exclusive bank, TBC Bank Uzbekistan, recently secured a significant $38.2 million in fresh equity investment to fuel its expansion plans and introduce...
Nala Secures $40M Funding to Expand B2B Payments Platform and Remittance...
Nala, a remittance startup, recently secured an impressive $40 million in funding to expand its services and launch a new B2B payments platform. The...
Restore Customer Access: Senators Call on Synapse Fintech Owners to Act
A group of senators has come together to push Synapse Fintech's owners and partners to take action and restore customer access to their funds....
Circle Receives E-Money License in France, Ensuring Compliance with EU Crypto...
Circle, a prominent digital currency company, has recently obtained an e-money license in France, ensuring compliance with EU crypto laws. This development marks a...
Chift: Streamline Financial Tool Integration for SaaS Companies | TechCrunch
Belgium-based startup Chift has recently secured a seed funding round of €2.3 million ($2.5 million) to continue its mission of streamlining financial tool integration...