Rains raises $116 Million through VCs
The Los Angeles-based company claims that a $116 million investment round, consisting of $66 million in equity and $50 million…
VPD Money recorded $200m transactions in 2 years
Fintech company VPD Money has announced that its transaction volume has surpassed $200 million, an increase of 2,548% since its…
The rise of Fintech giants
The emergence of financial technology (fintech) and the idea of open finance have significantly transformed the financial sector during the…
Why Silicon Valley Bank gets special treatment?
Customers of Silicon Valley Bank were terrified following its failure on Friday. The Treasury Department, the Federal Reserve, and the…
First Republic shares rally as Bigs Banks pledge $30 billion
It translates into a yield of around 7.2% and a price of roughly 68 cents on the dollar, down from…
Fintechs stop hiring amid economic conditions
Half of all fintech companies had to suspend hiring in 2023 due to an increasingly turbulent economic environment and funding…