PYMNTS-MonitorEdge-May-2024

financial inclusion

Credit Sesame Raises $51 Million, Acquires FinTech Software Platform
Credit Sesame Raises $51 Million, Acquires FinTech Software Platform
June 08, 2021  |  Investments

Credit Sesame has raised $51 million in growth capital and has seen its premium subscriptions grow by 200 percent annually, the financial wellness platform announced...

READ MORE >
Former U.S. Treasurer Rosie Rios Aims To Break ‘Glass Walls’ Of Closed-Off VC World
Former U.S. Treasurer Rosie Rios Aims To Break ‘Glass Walls’ Of Closed-Off VC World
June 04, 2021  |  Investments

The story of how small-money investors galvanized by an Internet message board, a gamified trading app and a little flash-mob-style activism rewrote the rules on...

READ MORE >
PayPal Invests $135 Million To Help Advance Economic Equality
PayPal Invests $135 Million To Help Advance Economic Equality
June 02, 2021  |  Financial Inclusion

PayPal Holdings said it will deposit $135 million with “mission-driven” financial institutions (FIs) and managers that help members of minority groups “fight barriers to economic...

READ MORE >
Mission Lane Acquires Honeydue To Expand Debit, Digital Banking
Mission Lane Acquires Honeydue To Expand Debit, Digital Banking
May 24, 2021  |  Partnerships / Acquisitions

FinTech Mission Lane has bought Honeydue, which is a fellow FinTech focused on helping consumers manage their finances, according to a press release. Honeydue also...

READ MORE >
PayNearby, Centrum Microcredit Team On Unsecured SMB Loans In India
PayNearby, Centrum Microcredit Team On Unsecured SMB Loans In India
May 23, 2021  |  B2B Payments

PayNearby, which describes itself as “India’s leading branchless banking and digital payments network,” and Centrum Microcredit Limited, which is owned by The Centrum Group, have...

READ MORE >
BlackRock Adds Five New Companies To Emergency Savings Initiative
BlackRock Adds Five New Companies To Emergency Savings Initiative
May 19, 2021  |  Financial Inclusion

BlackRock has announced several new inductees to its philanthropic Emergency Savings Initiative (ESI), which is intended to boost access for low-cost, friction-saving products for financially...

READ MORE >
Zolve, i2c Aim To Remove Financial Barriers For Immigrants
Zolve, i2c Aim To Remove Financial Barriers For Immigrants
May 18, 2021  |  Financial Inclusion

The digital payments and banking technology firm i2c announced on Tuesday (May 18) that it has formed a partnership with the FinTech Zolve, which provides...

READ MORE >
Atlanta Fed Forms New Committee To Advance Safe, Efficient And Inclusive Payments
Atlanta Fed Forms New Committee To Advance Safe, Efficient And Inclusive Payments
May 16, 2021  |  Financial Inclusion

The Federal Reserve Bank of Atlanta has formed a new special committee to look into ways for those reliant on cash to become more integrated...

READ MORE >
Report: Indonesia’s GajiGesa Adds New Investors
Report: Indonesia’s GajiGesa Adds New Investors
May 09, 2021  |  B2B Payments

GajiGesa, an Indonesian FinTech serving the country’s vast population of underbanked workers, has added new investors that will provide funds for adding services and customers,...

READ MORE >