Blueshift, a San Francisco-based startup that taps AI to help brands automate and personalize engagement across different marketing channels, has secured $40 million in debt financing from Runway […]
LoanDepot says 16.6 million customers had ‘sensitive personal’ data stolen in cyberattack
About 16.6 million LoanDepot customers had their “sensitive personal” information” stolen in a cyberattack earlier this month, which the loan and mortgage giant has described as ransomware. The […]
Flexport taps Shopify for cash, behind the wheel of the Kia EV9 and where Amazon wants to invest
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LoanDepot outage drags into second week after ransomware attack
LoanDepot customers say they have been unable to make mortgage payments or access their online accounts following a suspected ransomware attack on the company last week. The mortgage […]
Kashable banks $25.6M to offer employment-based lending
More and more employers are adding financial products to their employee benefits and perks, and many startups have jumped into this sector to help. Fintech company Kashable is […]
Insurtech Getsafe acquires a student loan platform to meet its future clients upstream
European insurtech company Getsafe has acquired deineStudienfinanzierung, an aptly named German digital platform for student loans that was showcased on the local version of “Shark Tank” in 2019. […]
Northvolt’s $5B debt deal should be a wake-up call for the US battery industry
Swedish battery startup Northvolt secured a $5 billion debt deal earlier this week, paving the way for the expansion of its first gigafactory as Europe seeks to solidify […]
N26 launches stock and ETF trading to complement its banking offering
Berlin-based banking startup N26 is rolling out a new stock and ETF trading feature starting with Austria as the first market. This product launch marks a renewed focus […]
African neobank Kuda raised $20M at flat valuation last year, missed user milestone projection by 3M
Earlier this month, Kuda co-founder and CEO Babs Ogundeyi told users that the Nigerian online challenger bank had reached almost N₦56 trillion (~$60 billion) in transaction value since […]