The FTC has filed a complaint against neobank Dave for allegedly deceptive marketing practices, including promising instant $500 cash advances that were rarely offered and charging hidden fees for immediate access to funds.
Source: https://techcrunch.com/category/fintech/
Duplicated with: | 2024-11-14 04:21:16 AM |
Agiicap, a fintech startup, has secured $48 million in funding from AVP to centralize cash-related data and forecast future cash positions for its clients, who manage an average of 15 different bank accounts each.
Source: https://techcrunch.com/category/fintech/
2024-11-14 04:21:16 AM |
Despite Japan's aging population favoring cash, a startup called SmartBank is promoting cashless payments through its app and services.
Source: https://techcrunch.com/category/fintech/
2024-11-14 04:21:16 AM |
Fernando Gadotti, former CEO of DogHero, started Brazilian fintech Tako to simplify payroll processes in the country. He was inspired by his own struggles with payroll at DogHero, where changing laws and powerful unions made it difficult to manage accurately.
Source: https://techcrunch.com/category/fintech/
2024-11-14 04:21:16 AM |
India, with its growing digital activity, is facing an increasing risk of cyber fraud, estimated to reach $14 billion in the upcoming year. Government regulations to limit fraudulent transactions often burden businesses and cause disruptions. Even government-backed systems like Aadhaar have been targeted.
Source: https://techcrunch.com/category/fintech/
2024-11-14 04:21:16 AM |
MoradaUno aims to make renting apartments in Latin America easier by underwriting tenant risk, addressing the issue of 40% of prospective renters being ineligible due to deposit and guarantor requirements.
Source: https://techcrunch.com/category/fintech/
2024-11-14 04:21:16 AM |
French tech startup Alan, known for its health insurance services, announced the addition of an AI-powered virtual assistant named Mo. The assistant will be integrated with Alan's existing feature that allows users to chat with doctors, aiming to improve user control over health and enhance the reactive healthcare system.
Source: https://techcrunch.com/category/fintech/
2024-11-14 04:21:16 AM |
Affirm, a buy now, pay later company, is expanding into the UK, marking its first international market. The launch comes before new regulations for BNPL firms are expected to take effect in 2026.
Source: https://techcrunch.com/category/fintech/
2024-11-14 04:21:16 AM |
Kevin Bennett launched fintech platform Further to simplify the home buying process, especially for first-time buyers, with a calculator that provides real-time interest rates and financial metrics.
Source: https://techcrunch.com/category/fintech/
2024-11-14 04:21:16 AM |
Kalshi, a startup that allows betting on cultural events, has secured tens of millions in loans from VCs to meet increased demand for its services, particularly for betting on the U.S. election.
Source: https://techcrunch.com/category/fintech/
2024-11-14 04:21:16 AM |