All that fintech investment had a real impact on banking penetration in Latin America
When a group of startups works on a similar set of problems, they frequently bring about massive shifts in how day-to-day life is lived.
There are many fintech companies offering digital banking services to a variety of demographics, but one segment of the population has been underserved more than others: the undocumented immigrant. No SSN, no problem, says Maza, a fintech startup aimed at undocumented immigrants by Mary Ann Azevedo originally published on TechCrunch
Daylight, an LGBTQ+ banking platform, is shutting down. Its operations will cease on June 30, according to embattled co-founder and CEO Rob Curtis. The announcement comes months after NY Magazine published an explosive feature on the neobank. The article honed in on Daylight, whose seed and Series A fundraises TechCrunch had covered here and here,…
The company provides private banking and investment services specifically tailored to high-earning Millennials and Gen Z. Onyx Private believes affluent professionals need their own bank, so it’s building one by Christine Hall originally published on TechCrunch
Hatch Bank, a digital-first bank that provides infrastructure for fintech companies offering their own brand credit cards, confirmed hackers exploited a zero-day vulnerability in the company’s internal file transfer software that allowed access to thousands of customer Social Security numbers. The vulnerability in Fortra’s GoAnywhere file-transfer software came to light on February 2 after security…
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