Trustee Discovers $85 Million Shortfall in Synapse Bankruptcy
Synapse faces an $85 million shortfall in customer funds. Complex financial operations hinder fund recovery efforts. Reconciliation of accounts may…
Curve Strengthens US Leadership Team
Curve appoints Nancy Yaffa as USA CEO for market growth. Reeta K. Holmes joins Curve's board to drive innovation. Recent…
Torpago Secures $10 Million in Series B Funding
Torpago raised $10 million in a Series B funding round. Funds will enhance compliance, implementation, and product expansion. Partnerships with…
Treasury Seeks Public Input on AI in Finance
Treasury seeks public input on AI in financial services. The initiative aims for balanced innovation and consumer protection. Stakeholder engagement…
Open Banking Gains Ground in the US
Open banking could transform US financial services. Regulatory framework still evolving with multiple stakeholders. Consumer trust and security are crucial…
Consumer Data Expansion Boosts New Data Brokers
Consumer-permissioned data is expanding credit access. FinTechs leverage alternative data for credit insights. Traditional credit scoring is often inadequate.
Inter Expands US Operations Targeting Brazilian Migrants
Inter&Co aims to replicate Brazil's success in the U.S. Focus on Brazilian migrants in Miami and Orlando. Plans to offer…
Young Investor Gains £28k from Monzo Investment
Early Monzo investors see significant returns on their investments. Monzo's financial growth demonstrates successful scaling in the fintech sector. Strategic…
Sipay Raises $15M Series A Round
Sipay raises $15M in Series A funding led by Anfa. Funds to boost product development and international expansion. Diverse customer…
Prosper Returns to Crowdfunding for £1m Raise
Prosper aims to raise £1 million via Crowdcube. Notable backers include Tom Blomfield and Charlie Delingpole. Funds will be used…
