Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say
Long gone are the days when venture capital was flowing into fintech startups with bold ideas — and little to ...
Tag: FinTech
Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties
3alexd | E+ | Getty ImagesA humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed ...
Affirm buy now, pay later loans will be embedded into Apple Pay later this year
Chris Ratcliffe | Bloomberg | Getty ImagesApple device users will soon be able to tap into buy now, pay later ...
Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown
Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing ...
Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO
Westend61 | Westend61 | Getty ImagesAMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in ...
Digital bank Monzo posts first full year of profit after more than doubling revenue
A Monzo debit card being used at a payment terminal.MonzoMonzo, the British digital challenger bank, on Monday reported its first ...
Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’
Oscar Wong | Moment | Getty ImagesWhen Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to ...
Binance’s ex-CEO begins prison sentence in California
Former Binance CEO Changpeng Zhao, center, departs federal court in Seattle on April 30, 2024.Jason Redmond | AFP | Getty ...
Fintech targeted by climate skeptics banks $37 million from likes of UBS, CommerzVentures
From left to right: Johan Pihl, Doconomy's chief creative officer and co-founder, and Mathias Wikstrom, chief executive officer and co-founder.DoconomySwedish ...
Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcy
Sarinyapinngam | Istock | Getty ImagesA dispute between a fintech startup and its banking partners has ensnared potentially millions of ...
