South African-based JUMO is a fintech startup dedicated to serving underbanked and unbanked customers in less industrialized regions.
SoFi plans to begin enabling users to purchase digital currencies through a partnership with trading platform Coinbase.
$390 million came from the Vision Fund with Clermont providing the remaining capital, according to CNBC.
A bipartison group of senators expressed concerns about the SEC's ability to regulate fintech startups in a recent letter.
Wealthfront founder Dan Carroll believes that their mostly Millennial audience is a prime audience for digital banking.
The SEC has reached settlements with two robo-advisers after charging them with violating rules on anti-fraud, advertising, and compliance.
Sources within London’s fintech scene tell Techcrunch that the company is stealthily recruiting for a new U.K. office.
China-based ride-hailing app Didi Chuxing is expanding into financial services following a successful trial among a test group.
Fintech startup Revolut is hiring a new elite licensing team, according to CEO Nikolay Storonsky.
Goldman Sachs’ consumer finance app Marcus now offers users a 2.25 percent savings rate, up 20 basis points.
