Tag: banking
Ukraine catches hacker who tried to sell 773 million stolen email addresses
Today, the Security Service of Ukraine (SSU) announced that it has detained the hacker, known as Sanix, who caused a stir last year for trying to sell a database with 773 million email addresses and 21 million unique passwords. Officials say that 87-… Source
Read More
UK’s ANNA raises $21M for its SMB-focused business account and tax app
Small and medium businesses and sole-traders account for the vast majority of businesses globally, 99.9% of all enterprises in the UK alone. And while the existence millions of separate companies, with their individual demands, speaks of a fragmented market, together they still represent a lot of opportunity. Today, a UK…
Read More
Vista Partners founder calls for a fintech revolution to help pandemic-hit, minority-owned small businesses
The head of what is arguably private equity’s most successful technology investment firm — Vista Equity Partners — made a rare appearance on Meet The Press to discuss the steps that the country needs to take to help minority-owned businesses recover from the economic collapse caused by the COVID-19 epidemic.…
Read More
Samsung will introduce an ‘innovative’ debit card this summer
Samsung wants to do more with payments than offer a virtual prepaid card. The company plans to grow Samsung Pay this summer by introducing a new “experience” that includes an “innovative” debit card supported by a cash management account. Details are… Source
Read More
Stilt, which provides financial services for immigrants, raises $7.5 million seed round
Stilt, a Y Combinator alum that provides financial services for immigrants without Social Security numbers or credit reports, announced today that it has closed a $7.5 million seed round. It also launched FDIC-insured pre-approved global bank accounts today. The startup has raised equity from investors including Liron Petrushka; Hillsven Capital;…
Read More
Banked picks up £2.35M seed to use open banking for account-to-account payments
Banked, a London-based fintech using open banking to enable account-to-account payments at checkout (and beyond), has raised £2.35 million in further seed funding. The round was led by Force Over Mass, with participation from previous investors Backed and Acrew Capital, along with a number of high-net-worth individuals, such as Paul…
Read More