Marqeta (NASDAQ: MQ) has announced the acquisition of Power Finance, a credit card management platform. Marqeta said in a public statement that it aims to boost its capabilities and leadership in the business of modern card issuing. Marqeta said the purchase is expected to close… Read More
Power, a Fintech startup with plans to “reshape” global commerce, has reportedy early progress as they emerge from stealth. The company was founded “to build modern financial infrastructure and started by launching a full-stack credit card issuance platform.” As enterprises across consumer, commercial, and banking… Read More
Following its acquisition of Portland-based fintech Vault, micro-investing app Acorns announced the launch of its new retirement account product, Acorns Later. According to Acorns, the Acorns Later product is designed to work in the background of life, automatically recommending a retirement account and portfolio for customers. While sharing… Read More
Micro-investing app Acorns has acquired retirement fund services Vault and is planning to launch new retirement accounts. Vault is now called Acorns Later. While sharing details about the acquisition, CEO of Acorns, Noah Kerner, and CEO of Vault, Randy Fernando, stated: “By staying true to its mission… Read More
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