Temu-owner PDD Holdings Profit Dives
Chinese e-commerce firm PDD Holdings (PDD.O) saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its domestic platform suffered from intense
May 31, 2025
The Long Lost Fintech of Atlanticus?
Atlanticus Holdings Corporation (NASDAQ: ATLC), is a FinTech company specializing in providing credit and related financial services to underserved consumer segments, particularly those classified as
May 31, 2025
Fintech Slash Secures $41M to Enhance Business Banking with Streamlined Solutions
Slash, a fintech firm that offers customized financial solutions for various industries, has raised $41 million in funding, bringing its valuation to $370 million as
May 31, 2025
Mambu Expands into Payments Space with New Next-Gen Solution
Mambu, the core banking platform that operates in the cloud, enabling modern financial experiences, has officially launched Mambu Payments, a next-generation, cloud-native payments platform that
May 31, 2025
CFPB to Ditch Open Banking Rule
The U.S. Consumer Financial Protection Bureau (CFPB) is moving to rescind the 1033 open banking rule, which would have given consumers the right to share
May 31, 2025
Acorns Acquires EarlyBird to Deepen Focus on Family Financial Wellness
Acorns, a fintech company best known as a micro-investing platform, has acquired EarlyBird, a family-focused investing, and digital memory platform, to expand its suite of
May 31, 2025
Worldcoin Raises $135M to Expand Biometric ID Network in US Market
Worldcoin, co-founded by OpenAI CEO Sam Altman, has raised $135 million through a strategic token sale to expand its biometric identity verification network, significantly focusing
May 31, 2025
Vehlo Expands Dealership Solutions with Dealer Pay Acquisition
Vehlo, a leading provider of integrated software and financial solutions for the automotive repair industry, has acquired Dealer Pay, a dealership-focused payments platform, to strengthen
May 31, 2025
Robinhood Expands Desktop Trading Platform to UK
Robinhood, the U.S.-based online brokerage firm, has launched its desktop trading platform in the UK, offering advanced tools to over 11 million retail investors as
May 31, 2025