Fintech

Welcome to technewss Fintech! This week, we're looking at the Evolve Bank hack, three notable acquisitions, Plaid's enterprise customer growth and more. To get a roundup of technewss's biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, s

Investment app Robinhood is adding more AI features for investors with its acquisition of AI-powered research platform Pluto Capital, Inc. Announced on Monday, the company says that Pluto will allow Robinhood to add tools for quicker identification of trends and investment opportunities, help guide

As Plaid has expanded its fintech services, so, too, has it grown its customer base. Plaid got its start as a company that connects consumer bank accounts to financial applications but has since been gradually expanding its offerings to also include lending, identity verification, credit reporting

Welcome to technewss Fintech! This week, we're looking at a Brex exec's jump to join venture firm a16z, Klarna selling off its payments unit and some mega-raises. To get a roundup of technewss's biggest and most important fintech stories delivered to your inbox every Tuesday at

Banking-as-a-service (BaaS) platforms have become instrumental in driving access to digital financial services by introducing fintech capabilities to non-bank businesses. Multiple businesses are tapping these platforms to circumvent the need to build their own tech infrastructure and the bureaucrat

The global freelancer market, a $1.3 trillion industry fueled by more than 200 million knowledge workers, drives demand for solutions that automate payroll and streamline employment and tax regulations worldwide. However, most existing products fail to address the legal landscape of emerging market

Welcome to technewss Fintech! This week, we're looking at layoffs at BaaS startup Unit and car insurance company Loop, as well as Brex's decision to abandon its co-CEO model, Apple killing its Pay Later feature, and more! To get a roundup of technewss's biggest and most important fin

Companies in fields like financial services and insurance live and die by their data — specifically, how well they can use it to understand what people and businesses will do next, a process that is becoming increasingly dominated by AI. Now a startup called Finbourne, founded out of London's

Since fintech startup Brex's inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the company as co-CEOs. But starting today, the pair told technewss in an exclusive interview, the San Francisco-based corporate credit card and expense management company is sh

India’s largest wealth manager focused on ultra-high-net-worth individuals, 360 One WAM, has agreed to acquire popular Indian mutual fund investment app ET Money for about $44 million. Earlier called IIFL Wealth Management, 360 One disclosed (PDF) the deal in a stock exchange filing Wednesday

The tension between incumbents and fintechs has existed for decades. But every once in a while, the two groups decide to put their competition aside and work together. In an unusual move, Capital One is teaming up with payment giants (and rivals) Stripe and Amsterdam-based Adyen to offer a free pr

Welcome to technewss Fintech! This week, we're looking at LoanSnap's woes, Nubank's and Monzo's positive milestones, a plethora of fintech fundraises and more! To get a roundup of technewss's biggest and most important fintech stories delivered to your inbox every Tuesday at

Stripe, the world’s most valuable fintech startup, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India, calling the move “a tough decision” as it navigates the country’s evolving regulatory landscape. In a statement posted

Indian conglomerate Reliance Group is making its boldest consumer-facing move yet into financial services with the launch of JioFinance, an app that aims to be a one-stop shop for UPI digital payments, loans and insurance. Jio Financial Services, part of Indian tycoon Mukesh Ambani’s $232 bi