Fintech

Google is expanding a verification program for financial services ads that it launched in the U.K. last summer after seeing what it describes as a “pronounced decline” in reports of ads promoting financial scams. First in line to get the requirement, as part of a phased expansion of the

"Page 1"> Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts that are disrupting their businesses with fresher approaches and newer technologies. Today, one of the companies helping those larger banks with that task is announc

Amid rising uncertainty about how financing will look for tech in the months and maybe years to come, one of the newer kids on the VC block in Europe is today announcing the closing of its latest and largest fund to date. Felix Capital — the London-based firm founded and headed by Frederic Co

India’s central bank proposed on Wednesday an integration between UPI and credit cards in a significant boost for a fast-growing payments protocol that has become the most popular way individuals in the South Asian market transact online. “UPI facilitates transactions by linking savings

Lucid Group, the maker of long-range, fast-charging luxury EVs, said on Tuesday it is joining with Bank of America to provide customer financing as one way to stand out in the crowded segment. The Lucid Financial Services digital platform provides “a flexible, fast and easy financing process” f

Apple today announced a major update to Apple Pay called Apple Pay Later, which will allow users to split the cost of an Apple Pay purchase into four equal payments over six weeks without interest or late fees. The new financial product — which was rumored ahead of its debut at Apple’s

Money can make people moody. There are layers of privilege, or lack thereof, that can make even the simplest conversation about bills feel like baggage to deal with. Translate that discomfort to relationships and it can feel like an awkward — and fragmented — dance on who pays which bil

Policygenius, an insurtech that raised $125 million in a Series E round less than three months ago, has reportedly laid off about 25% of its staff. The number of employees affected is not confirmed but is believed to be around 170, according to multiple sources. One employee posted

Global digital payments giant Visa and East Africa's biggest telecom Safaricom, the operator of the M-Pesa mobile money product, have today launched a virtual card, enabling millions of M-Pesa users to make digital payments globally, and giving Visa extended reach across Africa. The launch of t

Large construction projects often take a long time to finish, and subcontractors can get caught up in the flow of money, waiting, in certain circumstances, up to 80 days to be paid by general contractors. This not only causes delays, but also means subcontractors are essentially being asked to fina

Two fintech giants are partnering up. Affirm is making its buy now, pay later technology available to businesses that use Stripe's payments tech. This means that a whole slew of companies that were not previously able to offer their customers the option to pay in installments, now can.

It is no secret that Andreessen Horowitz is bullish about crypto: Not only does the firm boast that it started to invest in the space a decade ago, but it also debuted a $4.5 billion web3 fund last week. To understand a16z’s bullishness despite what others have described as a “crypto wi

While the likes of Pipe are reaching multi-billion valuations, European revenue-based financing is experiencing as much of a boom as it is in the U.S. U.K.-based startup platform Bloom has now secured a £300 million / $377 million financing round led by Credo Capital and Fortress Investment Group

Environmental and social justice-focused funds are booming — so much so that the Securities and Exchange Commission is mulling new regulations to clamp down on funds that fail to back up certain altruistic claims. On Wednesday, the SEC proposed broadening the scope of its Names Rule, which enabl