Splash Financial, a digital lending platform that connects borrowers to financial product lenders, has raised $44.3 million in a Series B which included DST Global, Citi Ventures, Detroit Venture Partners and Firebolt Ventures. The Cleveland-based company plans to use the financing for technology development in its lender network and automated underwriting platform, according to Crunchbase […]
10x Future Technologies, a financial technology venture started by former Barclays CEO Antony Jenkins, has raised £132.5 million ($186.6 million USD) in a Series C round co-led by BlackRock and CPP Investment Board according to a press release.
Though back-office staff may spend less time face-to-face with account holders than frontline employees, their day-to-day activities directly impact customer experience (CX) and satisfaction. For instance, the customer journey from initially filing a Regulation E (Reg E) dispute to finally resolving the return of funds can be a strenuous and emotional process. If the bank […]
EBANX, a Latin America fintech which connects local customers to global merchants, announced a $400 million investment by Advent International, and an additional $30 million commitment to the company’s planned US IPO according to a press release.
Four years ago, Adyen dismissed reports of seeking a U.S. banking charter license. “We’re not interested or even consider applying for a U.S. banking license,” said Adyen’s former SVP of Strategy Luke Salinas to Bank Innovation in 2017. But since 2017, fintech has changed immensely. Regulators have have had to acknowledge, sometimes to the chagrin […]