Partner Banking Boom Could Be A Boon For New Fintech Startups
/Bank partnerships come in all shapes and sizes. In addition to the bulge bracket banks like Goldman, community banks and credit unions are ramping up their partnerships.
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Walmart to launch fintech startup focusing on “next-generation” financial products
/Retail giant Walmart announced that it will launch a fintech startup that will offer “innovative and affordable” financial solutions for consumers.
Read MoreWSJ: Nasdaq Overtakes NYSE in Coronavirus-Era IPOs
/IPO activity plummeted in March following extreme volatility which, led companies to postpone or scuttle plans to go public.
Read MoreNCR offers to buy Cardtronics for $1.73B
/Reuters reports that NCR Corporation, an Atlanta-based company that makes ATMs and self-service payment kiosks for the retail and hospitality industries, has offered to buy Cardtronics for $1.73B in cash.
Read MoreHow Green Dot is disrupting challenger banks
/Green Dot, a bank holding company and banking-as-a-service provider behind more than 100,000 retail brands, launched GO2bank, a digital banking brand for low-to-moderate income customers.
Read MoreIndustry takes stand against violence in Washington, D.C.
/Several prominent financial industry leaders condemned the actions of a group of President Donald Trump’s supporters who stormed Capitol Hill on Wednesday, January 6.
Read MoreSoFi to go public via Chamath Palihapitiya SPAC
/SoFi, the 10-year-old financial services company that started as a lender and expanded to banking, investing, and mortgages is going public by merging with a special purpose acquisition company (SPAC) associated with investor Chamath Palihapitiya, multiple sources reported.
Read MoreTruist to move out of the 401(k) business through a series of acquisition deals
/Truist Financial is selling off its 401(k) unit, the company announced on Wednesday, January 6. Terms of the transactions were not disclosed.
Read MoreRent-A-Center to acquire Acima Holdings in $1.65B deal
/Rent-A-Center, a retailer that offers home furnishings, appliances, and electronics, on a lease-to-own basis, is planning to acquire digital lease-to-own provider Acima Holdings in a $1.65B cash and stock transaction.
Read MoreSocial payments app Meemo launches custom digital gift card platform
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Meemo, a payments app that tracks user transactions and offers merchant rewards, launched a website where users can create personalized gift cards.
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