Tags Cardoworks
Tag: cardoworks
Mastercard and Marqeta expand partnership
Marqeta, which offers a card issuing platform, and Mastercard plan to expand into new regions and launch additional card programs together. Their expansion plan will begin in Asia Pacific.
Ally Financial will buy CardWorks and it makes a $2.65 billion deal
Auto lender Ally Financial Inc on Tuesday has announced it’s buying subprime lender CardWorks for $2.65 billion. Ally Fin. looks to diversify its consumer product offerings, supported by a growing and low-cost deposit base.
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Monzo Bank founder Tom Blomfield is leaving the company
Tom Blomfield who co-founded Monzo Bank 2015, is leaving the digital bank, citing "challenges" from the pandemic, TechCrunch reported.
UK Government voted down BNPL regulation bill
70 MPs have decided to vote down a bill which was supposed to regulate buy now, pay later companies like Klarna, Laybuy and Clearpay.
Curve raises $95 million as it eyes US expansion
London-based Fintech Curve secured $ 95 million in its latest investment Series C funding.
Challenger bank Revolut applied for UK banking license
Revolut has submitted an application for a banking license to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).