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Innovation is expensive. The high rates and other crowd-pleasing features that put fintech players on the map will be hard to maintain.
Despite “significant growth” in payment volumes over the last 12 months, the firm is looking to cut 40 employees.
Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to …
Fintech news highlights from the past week.
Turning a neobank into a chartered bank had its surprises. Founder Colin Walsh spells out the course corrections now underway.
Inflation and rate hikes have brought new fintech funding nearly to a halt in 2022. As investors’ push for profits grows, so too does concern …
SoFi and Qapital are among the challenger banks that are finding ways to make money, a rarity in a sector where most companies have grown …
Clearco founders cite rising interest rates, high inflation and e-commerce growth slowdown as factors.
Forbes identified nine fintech businesses that have apparently shrunk their labor forces recently without any announcement or public reporting of their downsizing.