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Channel: FinTech – Finance Magnates | Financial and business news
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Travelex Initiates Debt Restructuring with £84 Million Funding

The company recently failed to sell its assets with no viable offers.

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SoFi Applies for a US National Banking Charter

The fintech withdrew its application for the same in 2017.

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Fintech Firm Rapyd Launches Local Payment Solution in Mexico

The solution has been launched in partnership with several major Mexican payment providers.

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ChartIQ to Rebrand as Cosaic

The name reflects the firm's vision of client collaboration and problem-solving.

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Police Raid Irish Wirecard Office

Wirecard’s Dublin offices searched as fraud probe widens.

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Aussie Fintech Sezzle Raises $55 Million, Shares Leap 22%

The company is aiming at a total of $60 million via fully underwritten and non-underwritten offers.

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Monese Partners Paysafe to Bridge Gap Between Cash and Digital Banking

Paysafe’s eCash solution, Paysafecash, can now be used by millions of consumers to top up Monese accounts directly with cash.

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Schroders Launches Six Funds Offering Active, Passive Investments

These funds will invest in a range of products including investment trusts and ETFs.

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Germany Probing Possible Insider Trading of Wirecard Shares

The company is already facing litigation in multiple jurisdictions.

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Fintech Rapyd Launches Local Payment Services in India

The fintech firm recently launched a similar solution in Mexico.

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UK Fintech Fidel Enters United States, Opens NY Office

The company already has a presence in Canada.

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Equinix to Add Another IBX Data Center in Milan

The company already manages 4 data centers in the country.

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British Fintech Moneybox Raises £30 Million Doubling Valuation

The company also set to kickstart a crowdfunding round.

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Deutsche Boerse Evaluates DAX Expulsion Rule Following Wirecard Scandal

The fintech was a darling stock of the flagship index.

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Plaid Faces Second Lawsuit for Violating Data Privacy

The first lawsuit was filed against the fintech on June 25.

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ISX Accuses ASX of Blocking Independent Expert Review

ASX told Finance Magnates it is seeking clarification of the scope before publishing.

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Ant Group Plans IPO with a Listing in Hong Kong and Shanghai

The company might be valued at over $200 billion.

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SEC Moves Against Tech Startup YouPlus for Defrauding Investors

The founder of the company is also facing parallel criminal charges.

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US Fintech Episode Six Raises $7 Million from HSBC, Mastercard

The company is focusing on its expansion in Europe and Asia-pacific.

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Finablr Selects Skadden to Investigate Potential Wrongdoings

Skadden has been named as lead counsel to investigate historic potential malfeasance within the Group.

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