Back in 2020, Varo became the first US neobank to get a national bank charter.
Global venture capital investment in fintech reached $52.3 billion in the first six months of 2021, hitting a record high.
Square, a cryptocurrency-friendly digital payments company, announced the acquisition of Australian fintech firm Afterpay in a $29-billion all-stock deal.
The program is now geared toward underrepresented new fintech startups led by nonwhite and female founders.
According to its press release, OneSource Virtual has joined up with Mastercard to launch its two latest services: Invoice Pay and myFlexPay.
Banking Circle, a leading global payments provider, now processes 6% of European B2C e-commerce transactions.
On April 1, 2021, Mastercard announced new offerings for cardholders resulting from establishing partnerships with several companies.
Golden Pacific will be renamed to SoFi Bank, N.A., with Paul Mayer, who will take the role of president of the bank. The transition is scheduled for 2021, pending approval by the Federal Reserve and OCC.
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