STG Set to Acquire Yodlee in Major Fintech Shakeup
Yodlee, long regarded as a foundational player in the open banking and data aggregation space, provides financial data and analytics services to over 1,400 financial institutions and fintech companies worldwide. With APIs that power personal finance apps, investment platforms, and digital banking solutions, Yodlee plays a critical role in the broader open finance ecosystem. STG, […]
Fintech 2.0: WEF Reveals New Era of Growth and Inclusion
The research spans over 200 fintech companies across five regions and 60 countries, and shows that while customer growth slowed to 37% in 2022–23 (down from 55% during the pandemic boom of 2020–21), revenues continued to soar at an average rate of 40%, and profits grew by 39%. This decoupling of user growth from financial […]
Fannie Mae and Freddie Mac Turn Mortgage JV Into Fintech Powerhouse
The Federal Housing Finance Agency (FHFA), which oversees both Fannie Mae and Freddie Mac, confirmed the transformation on Wednesday. FHFA Director Sandra Thompson stated that this transition will “advance the long-term strategic goals of improving transparency, modernizing mortgage infrastructure, and exploring additional revenue streams beyond the traditional GSE model.” What’s Changing: Industry experts view the […]
FinTech Alliance.PH Launches Fraud Bureau to Strengthen Trust in Philippine Digital Finance
The planned Fraud Bureau will act as a centralized hub for real-time intelligence sharing among banks, digital lenders, e-wallet providers, and other fintech institutions. Through this platform, members will be able to share fraud-related data, track suspicious activity, and respond rapidly to emerging threats. By promoting coordination and data transparency across financial players, the Bureau […]
Mastercard Expands ‘First-Party Trust’ to Fight Friendly Fraud Across APAC and Global Markets
Friendly fraud, also known as first-party fraud, occurs when a cardholder disputes a legitimate transaction—either mistakenly or maliciously—leading to unnecessary chargebacks and losses for merchants. This form of fraud has surged alongside the growth of e-commerce, posing a growing challenge for retailers and financial institutions alike. Mastercard’s solution aims to proactively tackle this issue by […]
Bruce Markets Lands Strategic Investment from Fintech Heavyweights: Apex, Robinhood, and tastytrade Back 24/7 Trading Vision
At the core of Bruce Markets’ innovation is Bruce ATS™, a U.S. Securities and Exchange Commission (SEC)-registered Alternative Trading System (ATS) designed to enable overnight trading in U.S. equities. With trading hours between 8:00 PM and 4:00 AM ET, Bruce ATS™ allows global investors to engage in the U.S. market during hours that were previously […]
Expensify Goes Global: New Upgrades Transform Expense Management for Worldwide Teams
The expansion comes as part of the company’s mission to streamline financial workflows for global teams, with a particular focus on ease of use, automation, and integration. 🌍 Global Reimbursements Without Borders One of the most impactful upgrades is Expensify’s support for global reimbursements across 200+ countries and 154 currencies. Businesses can now reimburse employees […]
Spinwheel Secures $30M Series A to Supercharge Agentic AI in Consumer Debt Automation
Founded to bring transparency and automation to the fragmented U.S. debt ecosystem, Spinwheel offers a plug-and-play API layer for liability data access, payments, and consumer debt management. The platform allows fintechs, banks, and financial apps to integrate real-time credit data and automate payment workflows without the need for consumer passwords or credentials. What sets Spinwheel […]
Viva Wallet Accuses JP Morgan of ‘Proxy War’ Amid $916M Legal Battle
Under the terms of the agreement, the U.S. bank retained an option to purchase the remaining shares if Viva’s valuation fell below €5 billion by July 2025. As the deadline looms, tensions have escalated dramatically. In early 2025, JP Morgan filed two lawsuits seeking €916 million in damages, alleging that Viva Wallet’s CEO Haris Karonis […]
DASHing Ahead: Fintech’s Skyrocketing Valuation Boosts Bailador Stake by 49%
This latest round of funding marks a significant milestone for DASH and an even more substantial windfall for Bailador. Bailador had initially invested AUD 25 million in DASH just over a year ago. The new capital raise has effectively lifted the value of that investment by AUD 14.7 million, pushing the carrying value of the […]
You must be logged in to post a comment.