The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay. The agency alleges….
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentine fintech Ualá has raised $300mn in one of the….
Fintech company Revolut has unveiled a new bill payment facility for businesses after announcing a secondary share sale, in order to offer more liquidity to its employees. ADVERTISEMENT Revolut, one….
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A US federal court has ordered a Nigerian businessman, who….
For unsuspecting depositors of online financial start-ups, the unraveling of a little-known intermediary has separated them from their life savings.
The fintech company saw record full-year pre-tax profits in 2023, and hopes that will help convince the UK authorities to grant it a banking licence. ADVERTISEMENT Revolut CEO and founder….
The unraveling of fintech upstart Synapse is rippling through a small corner of the banking world, leaving thousands of customers without access to their money and a mystery about millions….
