China-based ride-hailing app Didi Chuxing is expanding into financial services following a successful trial among a test group.
Fintech startup Revolut is hiring a new elite licensing team, according to CEO Nikolay Storonsky.
Goldman Sachs’ consumer finance app Marcus now offers users a 2.25 percent savings rate, up 20 basis points.
The payments company's valuation grew to $1.42 billion after Advent International’s acquisition of a 51 percent stake.
Philadelphia will become the first major U.S. city to require cash as an accepted form of payment after enacting a cashless store ban.
Yingcan Group, a Shanghai-based research firm, estimates that the number of Chinese peer-to-peer lenders may decrease by 70 percent in 2019.
Bud offers a technological solution to banks seeking to connect their apps and data to third-party financial services.
The funding raised in this round will be used to support expansion plans for the Stockholm-based firm.
At least a quarter of Brits expected to have an account with a digital-only bank within the next five years.
Nigerian fintech startup One Finance’s recent “BB” credit rating is a milestone for this burgeoning sector in Africa.
Folake Dosu
