What’s next for Brex?

What’s next for Brex?

Fintech behemoth Brex raised $300M in a Series D-2 round, earning a valuation of $12.3B. The company also named Karandeep Anand as its CPO.

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Data will be critical to the progress of sustainable and inclusive finance

Data will be critical to the progress of sustainable and inclusive finance

The movement toward a financial system that is both sustainable and inclusive is a result of a societal shift in philosophy and awareness about what we value, and a desire to do something about it.

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Fintechs embrace hybrid work, but empower employees to make choices

Fintechs embrace hybrid work, but empower employees to make choices

Fintechs have shifted their work cultures as a result of the pandemic. Some companies are offering hybrid work models, while others are letting employees decide what format suits them best.

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MoneyLion acquires content creator platform MALKA Media

MoneyLion acquires content creator platform MALKA Media

MoneyLion, a New York-based fintech that offers banking, investing, loans and other financial services, announced that it acquired MALKA Media, a content studio and platform that helps creators reach consumers.

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ICYMI: New details emerge about Walmart’s fintech startup venture

ICYMI: New details emerge about Walmart’s fintech startup venture

Walmart is making progress on laying out the vision and focus for its new fintech venture, a new report suggests.

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Starling Bank to launch embedded finance APIs for European clients

Starling Bank to launch embedded finance APIs for European clients

Starling Bank, a U.K.-based digital bank, says it will launch a technology offering called “Starling-as-a-Service” for European clients next year.

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MoneyLion’s stock value takes a nosedive after public debut

MoneyLion’s stock value takes a nosedive after public debut

Last week, MoneyLion, a digital challenger bank, merged with a special purpose acquisition company (SPAC) and began trading on the New York Stock Exchange.

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Revolut riles former staffers by charging them a fee to cash in shares

Revolut riles former staffers by charging them a fee to cash in shares

Revolut, a London-based digital banking fintech worth $33B, is facing blowback over a 2.75% surcharge levied on former employees who will participate in an upcoming secondary share sale.

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TransUnion to acquire Neustar in $3.1B deal

TransUnion to acquire Neustar in $3.1B deal

Credit reporting company TransUnion announced plans to acquire Neustar, a Virginia-based company that offers real-time business information and analysis tools that help businesses find new customers and determine which ads should serve them.

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Walgreens launches financial wellness offering

Walgreens launches financial wellness offering

If Walmart’s fintech offering will be called Hazel, then Walgreens is going Scarlet. The pharmacy chain this week launched a bank account, debit card and personal finance planning tools under the Scarlet brand name.

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Acorns partners with Cricket Wireless to incentivize saving and investing

Acorns partners with Cricket Wireless to incentivize saving and investing

Popular investing, savings and personal finance app Acorns is partnering with Cricket Wireless in a bid to encourage customers to save while paying their phone bills.

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MoneyLion aims for ‘super app’ strategy as it navigates regulatory hurdles

MoneyLion aims for ‘super app’ strategy as it navigates regulatory hurdles

Fintech MoneyLion, which began as a lending and personal-finance platform and more recently added banking and investing, is pursuing a financial “super app” strategy to grow its customer base.

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Survey Says! 3 Important benefits of free data for early-stage fintechs

Survey Says! 3 Important benefits of free data for early-stage fintechs

A 2018 by Medici report provides anecdotal evidence of a 10% survival rate for bootstrapped fintech startups.

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Visa to buy Swedish open banking startup Tink for $2B

Visa to buy Swedish open banking startup Tink for $2B

Five months after U.S. regulators scuttled Visa’s Plaid acquisition, the payments giant announced it’s planning to acquire open banking startup Tink, which was established in 2012.

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Fifth Third Bank to acquire Provide, a fintech focused on health care practices

Fifth Third Bank to acquire Provide, a fintech focused on health care practices

Cincinnati-based Fifth Third Bank will acquire Provide, an 8-year-old startup that focuses on building financial products that make starting and running a healthcare practice easy, including practice lending, business bank accounts, and insurance. Terms of the deal were not disclosed.

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