Rain Raises Record $116 Million for Earned Wage Access Platform
Rain, a financial services provider, announced the attraction of a record volume of investment funds for $ 116 million.
Finance & Economics - page 90
First Citizens Bank Aims to Buy Silicon Valley Bank
The media reports that First Citizens Bank plans to acquire a Silicon Valley Bank.
Monite Doubles Seed Round to $10 Million
German startup Monite, based on embedded financial processes using the API, announced the attraction of additional funding in the amount of $ 5 million.
Payroll Firm Raises $500 Million
Rippling reported that it managed to raise funds in the amount of $ 500 million within 12 hours.
NatWest Rolls Out Digital ID Service
NatWest Group has made the customer attribute exchange service available to businesses.
BoE Plans to Change SMB Lending
Bank of England has revealed its plans to change the capital treatment for small business (SMB) lending, calling for a more risk-based approach
ForwardAI Debuts Update to Small Business Lending Solution
Business data FinTech ForwardAI has presented a new version of its Precise API tool, which can be used to optimize financial solutions.
Charles Schwab Customers Deposit $16.5 Billion During Banking Crisis
Charles Schwab Company, which specializes in providing brokerage services in the financial market, reports an active influx of new customers in March amid the crisis of the American banking system.
Warren Buffett May Invest in Regional Banks
The media reported that the US authorities turned to Warren Buffett for help amid the crisis in the financial sector.
SVB Financial Group Files for Bankruptcy Protection
The former parent company of Silicon Valley Bank SVB Financial Group has filed for bankruptcy protection.
Signature Bank Has a New Owner
FDIC announced Signature Bank would be sold to Flagstar Bank, a subsidiary of New York Community Bancorp, a week after the bank was placed into receivership
UBS to Buy Credit Suisse, While Central Banks Try to Soothe Market Turbulence
UBS Group will buy Credit Suisse Group for 3 billion Swiss francs ($3.23 billion) in a historic deal backed by Swiss authorities, as problems in the global banking sector persist
Silvergate, Silicon Valley Bank, and Signature: Big Picture in Small Details (Part 1/3)
The Silvergate, Silicon Valley Bank, and Signature Bank saga, in three not-so-concise parts, examines the chaos of centralized cryptocurrency companies, the failing and scrambling US banking system, and the outcomes for the crypto industry and the regular person.
BBVA Targets Colombia’s Innovation Sector
Spanish financial group BBVA announced the creation of a business unit in Colombia.
Worldline Launches Voice Alert Box to Boost Financial Inclusion in India
Payment service provider Worldline introduced VABOX – Voice Alert Box, which provides instant payment confirmation, overcoming challenges of visual impairment and encouraging inclusivity
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