Lending practices at Brazil’s Nubank reportedly have Wall Street analysts uneasy. As Bloomberg News reported Thursday (Sept. 5), the lender — Latin America’s largest — is enjoying rapid growth,...
It was a relatively quiet week on Wall St. as FinTech news started to hit the slow part of the Q2 earnings season. A lot...
The eternal debate in financial services technology boils down to build vs. buy, and whether to rip and replace core banking operations. Banks have invested...
The FinTech IPO Index climbed 2.2% this week as a spate of acquisitions dominated the headlines headed into the end of the second quarter. One...
Digital banking platform Nubank has acquired data intelligence company Hyperplane, saying this move will accelerate its artificial intelligence (AI)-first strategy. With the addition of Hyperplane’s...
Call it the week of the platform. Earnings reports from firms that focus on bringing supply and demand together — in lending, for example, or...
Brazilian digital bank Nubank now has more than 100 million customers. The company announced the achievement in a Wednesday (May 8) press release, saying it was the...
Digital bank Nu Holdings will lower the yield on its high-yield savings accounts in Mexico after the country’s central bank cut its key rate for...
The earnings avalanche continues. The FinTech 100 Index gained 5.2% in a week that saw most names rocket higher. Expensify surged 30% higher. The company said...