Wealthsimple confirms secondary deal values Toronto FinTech firm at $5 billion. Last week when Power…
Tag: FinTech
MercadoLibre Provisions Dent Profits as Credit Portfolio Expands
(Bloomberg) — MercadoLibre Inc.’s aggressive push into credit across Latin America eroded profit in the third…
Crypto’s $130 million congressional election binge has candidates like Utah’s John Curtis poised for big wins
U.S. Rep. John Curtis speaks during the Utah Senate primary debate for Republican contenders battling to…
With Nmbr, former Humi execs want to power embedded payroll products across Canada
Startup is backed with $7.6 million CAD from Panache, Luge, Golden, and Motivate. Simon Bourgeois…
Dutch neobank Bunq goes on hiring spree, targeting digital nomads, as other fintechs slash jobs
Dutch digital bank Bunq is plotting re-entry into the U.K. to tap into a “large and…
Market cap overhang a challenge for potential listing: PhonePe
Walmart-backed fintech major PhonePe on Wednesday said the market cap overhang is a challenge for the…
Dressing Pine Labs for IPO: What ‘fintech bully’ Amrish Rau can learn from Paytm
Rau met Shailendra Singh, the managing director of Peak XV Partners (formerly Sequoia), for coffee. The…
Power marks up value of stake in Wealthsimple for third consecutive quarter
Hike to $1.5 billion CAD reflects rise in public markets and Wealthsimple’s performance. Montréal-based Power…
CFPB cracks down on popular paycheck advance programs. Here’s what that means for workers
Rohit Chopra, director of the Consumer Financial Protection Bureau, during a House Financial Services Committee hearing…