Fintech incubator and co-working space launches in Redwood City
A fintech incubator called Silicon Fintech Bay is launching in Redwood City, California. CEO Rick Frisbie told Bank Innovation that ...
Tag: startups
PayPal invests $11.2m in Swedish open banking platform Tink
Online payments giant PayPal is a strategic investor in Stockholm-based open banking platform Tink, the companies announced today. A spokesperson ...
Why digital-only Grasshopper Bank chose Temenos’ cloud-native T24 core
New York City-based Grasshopper Bancorp, a newly-launched digital-only bank targeting startups, was built from scratch with its sights on global ...
Backed by $131m, Grasshopper Bank to roll out broadly next month
New York-based Grasshopper Bancorp, which opened for business to a select group of entrepreneurs and investors earlier this month, this ...
Startup Brex is raising money at a valuation above $2 billion
Just two years after it was founded, Brex Inc. is close to securing new funding at a valuation north of ...
Debt mgmt app Tally launches rewards-based savings
Tally, an automated debt management app that consolidates and pays down customers' debts, is adding savings to its personal finance ...
Celsius deposits cross $250m mark
Celsius, the crypto banking startup, now has $250 million of deposits, with $50 million coming in just the last couple ...
Silicon Valley’s Plaid heads to the U.K., undeterred by Brexit
Fintech startup Plaid Inc. is expanding its footprint into the U.K., a region it believes could eventually match the U.S. ...
Inside Wells Fargo’s global payments strategy
Wells Fargo, through its partnership with cross-border B2B payments provider TransferMate, is showing its global payments ambitions. According to Judd
Despite Growth, Questions Remain with Challenger Bank Numbers
With hefty injections of cash and ballooning customer numbers, challenger banks are gunning for a greater share of incumbent banks' ...
