FintechDaily Staff – Page 259

Salt Labs Launches Stealthy Rewards Platform Tailored for Hourly Workers

The founders of earned wage access platform DailyPay have launched a new initiative called Salt Labs, aimed at creating a rewards platform for hourly workers....

Fabrick Advances Open Finance Consolidation by Acquiring finAPI

Open finance firm Fabrick has entered the DACH market by acquiring a 75% stake in the German operator finAPI. This acquisition is part of Fabrick's...

Private Banking Startup Kashet Secures £5.4 Million in Funding

Kashet, a private banking startup based in Switzerland and the UK, has emerged from stealth mode after successfully raising £5.4 million in its initial funding...

Former Revolut Team Unveils DeFi Wallet and Cryptocurrency Card

A team of former Revolut employees has introduced Zeal, a DeFi wallet and debit card that allows users to spend cryptocurrency directly on everyday purchases,...

SEC Accuses Frank Founder of Fraud in JPMorgan Chase Sale

The founder of Frank, a now-defunct college financial planning platform that was sold to JPMorgan Chase for $175 million, has been charged with fraud by...

Broadridge Launches GenAI Tool to Reduce Settlement Failures

Broadridge has introduced OpsGPT, a ChatGPT-style Large Language Model designed to enhance back office operations and reduce settlement failures. This innovative module leverages transactions, settlements,...

Experian Launches ‘Mule Score’ to Assist Banks in Detecting Suspicious Accounts

Experian is launching a new service aimed at assisting banks and building societies in identifying and shutting down 'money mule' accounts that are used to...

Finanzguru Secures €13 Million in Funding Round Led by PayPal and Scor Ventures

German financial management app Finanzguru has secured €13 million in funding, led by new investors Scor Ventures and PayPal Ventures, with additional contributions from existing...

HPS Purchases Dublin’s CR2

HPS has successfully acquired CR2, a Dublin-based company.

Tandem Purchases Money Sharing App Co-Founded by Chairman Paul Pester

Tandem Bank has acquired Loop, a money-sharing app co-founded by the bank's chairman, Paul Pester. Launched in early 2022, Loop is a social network app...