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Tag: Money

$ 20 million was raised to connect banks with fintechs and other financial service providers

Bud helps banks connect their applications and data to other fintech companies and financial services providers has closed more than $ 20 million in additional funds. The round of the Series A considers that the company will recover the support of a series of banks: HSBC (which, through First Direct,…

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Fed hesitates with licenses – Fintechs are reversing the US banking industry

The Federal Reserve is reluctant to grant companies a license that would allow them, like banks, direct access to the Fed’s systems. Among the young technology companies that are active in, for example, payments or lending, consumer protection and risk management left much to be desired, is the criticism of…

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The digital bank N26 is already the most valuable fintech in Europe and it is still expanding

N26, a German startup supported by PayPal investor and co-founder Peter Thiel, has raised $ 300 million in a round of Series D financing. The investment places the company’s valuation at around 2,700 million dollars.The financing round takes place only 10 months after the last and will be used to…

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