New Firm Erebor Urges Venezuela to Regain US Banking Access
Erebor, which started operating 3 months ago, pitches Venezuelan officials on restoring the sanctioned country’s access to the U.S. financial system, per Bloomberg: https://t.co/D3QouE1Rrj
Bunq Seeks Mexican License Amid Trust‑driven Unbanked Gap
Dutch digital-only bank bunq (yes, it's stylized as "bunq") has applied for a bank license in México. While about half of Mexican households are unbanked, the root causes are primarily tax avoidance & lack of trust in banks - not technology...
AI Agents Learning Payments Overlook Credit Card Rewards
Love watching AI people learn payments in real-time. Does you agent NOT want credit card rewards?
YC‑backed Parker Files Chapter 7 Bankruptcy After $200M Claim
🚨SCOOP: YC-backed Parker, which claimed to have raised "over $200 million in funding," officially filed for Chapter 7 bankruptcy yesterday, I can be the first to report. The news follows the abrupt shutdown of the ecom-focused banking & credit card startup...
Fintech Failure: Parker Card Shuts Down Without Notice
Another messy fintech collapse: Parker Card, a credit card/bank account for ecommerce SMBs abruptly shut down with seemingly no advanced notice:
Bolt Secures $150M, Investors Demand Profitability First
SCOOP: CEO Ryan Breslow told staffers of "super app" Bolt it has signed term sheets for $150 million in new investments, but that investors want to see Bolt "hit profitability and get back on the path to hyper-growth before the...
Legal Residency Shouldn't Matter, but Stripe Still Cares
“No matter where you live” … I’m not saying that SHOULD matter, but legally it does. You’d think @stripe knows that?
Nubank Rolls Out Interim Product with Lead
Mini-scoop: @nubank, which has already received conditional approval of its U.S. bank charter, appears to be launching an interim product with Lead Bank, per disclosures available on its site: https://t.co/o9MHWk0Alv
Erebor Bank Taps Coastal Community as Correspondent
Mini-scoop: @ereborbank is leveraging Coastal Community Bank as a correspondent, per an investor presentation Coastal filed with the SEC earlier this week: https://t.co/wcCDzWsTIy
Eric Trump Backs Robot Startup; Pathak Sued for RICO
Fintech Biz Weekly just dropped: Eric Trump Backs Ex-Synapse CEO’s Killer Robot Startup; @sankaet Pathak Named Personally In New Lawsuit Alleging RICO Conspiracy. Yes, that headline is empirically insane yet also 100% true. https://t.co/8zYH04mbz8
Bolt Employees Lose Paychecks Amid Payroll Glitch Claims
Sources telling me @bolt employees have had their most recent paychecks clawed back from their bank accounts. Bolt is blaming 'tech glitch' at payroll processor, but speculation is Bolt can't even make payroll, per sources familiar w/situation.
Anthropic Sends Easter Eve Email at Midnight
Midnight US ET, the day before Easter, is a weird time for Anthropic to drop a marketing email… https://t.co/OC3py1jgdp
Seeking Permanent Solution to Remove Google Ads
Is there any way to permanently disable the ads Google is slopping all over consumer G-suite? https://t.co/5Zh1nDvnc1
Fintech Biz Weekly's Easter/Passover Special Drops Sunday
Stay tuned for a special Easter (slash Passover) edition of Fintech Biz Weekly on Sunday.... lotta fun easter eggs 😉
Banks Poised to Battle SoFi's New Stablecoin
Noteworthy in that this is coming from SoFi CEO - which offers crypto and has announced its own stablecoin, SoFiUSD. Banks (insured depositories), understandably, are gonna fight tooth & nail on this-