Neobank Step, self-described as an “all-in-one financial solution for the next generation,” has raised up to $300 million in debt financing. The funding was provided by Triplepoint Capital and Evolve Bank & Trust. Step reports that this brings its total funding to $500 million. Step… Read More
Marqeta (NASDAQ: MQ) has added Evolve Bank & Trust as a new bank partner. Evolve Bank & Trust is a Banking-as-a-Service (BaaS) provider and thus can boost the portfolio of services Marqeta can offer to its customers. Evolve offers specialized services in Open Banking, Personal… Read More
Traditional banks, the brick and mortar operations that pepper the landscape as they have for hundreds of years, have been slow to upgrade and migrate to a digital-first (or only) service. This has created an opportunity for agile Fintechs to move in and Hoover up… Read More
In another nail in the coffin of brick and mortar banking, Stripe has announced Stripe Treasury, a platform that will allow users to leverage APIs to embed or leverage financial services such as savings accounts. In an extensive announcement Stripe said it was also partnering… Read More
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