Weekly Wrap: Fintechs during civil unrest, and Varo’s big Series D
Protests launched around the country this week in response to systemic racism and police brutality. Many fintechs rallied for social...
Payments
Varo, with $241M Series D, plans to become a bank this summer
Varo Money is in the “last leg of the race” in getting a banking charter, according to founder and CEO...
Fiserv launches AI banking assistant
Fiserv, a core technology provider, has launched a conversational AI technology tool that allows customers to type or speak their...
FinAi News unveils Build as virtual event
FinAi News is proud to announce the FinAi News Build 2020 Virtual Experience, designed to provide industry professionals the insights,...
Alibaba.com moves into SMB financing
Alibaba.com is launching a financing option for American small businesses. The international business-to-business e-commerce marketplace is allowing qualified buyers to...
INV Fintech unveils slate of 10 startups for newest accelerator cohort
INV Fintech, FinAi News’s sister accelerator, announced its ninth class today of 10 startups from around the world. The startups...
Marqeta eyes credit products on the heels of $150M funding
Fresh off a $150 million funding round announced Thursday, Marqeta is developing a credit card product. The Oakland, Calif.-based startup...
Weekly Wrap: Wells Fargo fights B2B fraud and Green Dot has a busy week
Green Dot's banking-as-a-service business made headlines this week, including expanded products for both Walmart and Remitly customers. The company, which...
Green Dot expands banking services through Walmart, Remitly
Green Dot is overhauling the services it offers through its partners, this week announcing upgrades for Walmart MoneyCard and Passbook...
Shopify’s push into finance: Opportunity or threat to banks?
E-commerce platform Shopify has debuted a business checking account and payment installment option for customers, and financial institutions should take...
