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The United States’ Securities and Exchange Commission (SEC) has officially charged Kik over its 2017 initial coin offering (ICO).
Synapse, a San Francisco-based startup that operates a platform enabling banks and FinTech companies to easily develop financial services, has closed a $33 million Series B.
PayPal Holdings Inc has invested 10 million euros ($11.2 million) in Tink, a Swedish company that enables banks and financial technology startups to access financial data more easily.
Toronto-based FinTech Koho is now offering Koho Premium, a new cashback program for Canadians through its pre-paid card.
Step, a financial services startup that offers fee-free money management accounts to teens, announced that it has secured $22.5 million in a series A round led by Stripe.
“We’re really committed to building an end-to-end, insight-to-action platform for wealth managers and for human wealth advisors.”
The problem for payments processors and e-commerce companies is that this extra customer protection creates a speed bump on the road to growth.
According to a regulatory filing on Companies House, Unmortgage’s Rayhan Rafiq-Omar was terminated as a director on 4 May.
CIBC, Bank Leumi of Israel, and National Australia Bank (NAB) have partnered to launch the Global Alliance FinTech Link.
Japanese app provider LINE Pay Corporation has inked a deal with Visa to create new FinTech services for their retail and merchant customers.
HSBC has opened a new data lab in Toronto, hoping the new lab will harness AI to develop future products and generate insights that will ultimately improve customer experience.
At the very least, Possible is charging a whole lot less interest on loans than some of its rivals.
The event will features speakers from Slack, IBM, and RBC. Get in free using the code “BetaKitPROMO”.