Tagged: digit

October 7, 2026 @ 8:29 am By Omar Faridi  |  

The United Kingdom has moved its first digitally native government bond closer to market by naming the banks that will lead the pilot sale. On 6 October 2026, HM Treasury appointed Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital Markets as joint lead managers… Read More

February 12, 2026 @ 9:26 am By JD Alois  |  

The UK government has selected HSBC for its Digital Gilt Instrument (DIGIT) pilot program. The selection was made following a competitive review process. The UK government published its invitation to tender in October of last year. Lucy Rigby KC MP, Economic Secretary to the Treasury, said they… Read More

March 19, 2025 @ 10:19 am By JD Alois  |  

The Chancellor of the Exchequer, Rachel Reeves, has announced that the Digital Gilt Instrument (DIGIT) or UK Gilts, which leverages distributed ledger technology (DLT), will move forward. The Chancellor stated: “The UK is leading the way on digital innovation, and the creation of DIGIT will help to… Read More

August 10, 2022 @ 11:23 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has announced an enforcement action against Hello Digit (or just Digit), a neobank that claims to be the “first truly personalized and automated savings tool.” At the end of 2021, Hello Digit was acquired by Opportun. According to the… Read More

December 22, 2021 @ 11:11 pm By JD Alois  |  

Announced last month, Oportun (Nasdaq: OPRT) reports that it has completed the acquisition of neobank platform Digit. Digit will operate as a business unit within Oportun and continue to be led by Digit founder and CEO, Ethan Bloch. All of Digit’s 100+ employees are said… Read More

November 16, 2021 @ 9:58 pm By Tony Zerucha  |  

Oportun a consumer credit Fintech, today announced that it has agreed to acquire neobank Digit, a platform that provides automated savings, investing, and banking tools. By adding Digit Oportun will further expand its A.I. and digital capabilities. “This is a transformational deal that will expand… Read More

December 3, 2020 @ 9:20 pm By Omar Faridi  |  

San Francisco-based Digit, a financial management and savings company, recently added an automated investing tool to its app. Digit describes itself as a financial wellness expert that has assisted its customers with automatically saving around $5 billion and paying down more than $150 million in… Read More

February 21, 2017 @ 9:40 am By Samantha Hurst  |  

Consumer Financial Data Rights Group (CFDR), a new organization that was created to defend consumers’ access to their data and fuels innovation in the fintech industry, announced on Tuesday it has submitted a response to the Consumer Financial Protection Bureau’s (CFPB) request for information (RFI) in regards… Read More

January 20, 2017 @ 11:56 am By Samantha Hurst  |  

 A group of fintech companies announced on Thursday they have come together to create the Consumer Financial Data Rights (CFDR) group. This organization will notably defend consumers’ access to their data and fuels innovation in the fintech industry. Founders of the CFDR group includes leaders from Affirm, Betterment,… Read More

August 14, 2015 @ 11:20 am By JD Alois  |  

Financial Solutions Lab is a five-year program aimed at harnessing and developing top FinTech companies to create products that tackle Americans’ most pressing financial issues. In July, the lab chose 9 startups to join year one of its five-year program. Each of the companies received $250,000 in… Read More