Items Tagged with 'fintech providers'

ARTICLES

  • Fintech company Plaid boosts capabilities by acquiring competitor Quovo

    Reportedly spending $200 million in deal
    Last month, Plaid, a technology platform that connects various applications with users’ bank accounts and has a growing presence in the mortgage space, raised $250 million in its Series C funding round that pegged the company with a reported valuation of $2.65 billion. At the time, the company said that it planned to use the money to expand. And now, the company is using much of that money to do just that by acquiring one of its competitors.
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  • OCC to begin offering bank charters to nonbank fintech companies

    Move already angering state regulators
    Tuesday was a big day for fintech companies. In addition to the Department of the Treasury rolling out a series of proposals that could alter the playing field for fintech companies, the Office of the Comptroller of the Currency also announced Tuesday that it will begin offering bank charters to nonbank fintech companies.
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  • Looking to sell? LF Capital raises $155 million to buy into commercial banking, fintech

    Newly formed “blank check” company is ready to buy
    Any companies out there in commercial banking or fintech that are looking to sell? If so, there’s a newly funded company that’s ready to buy. LF Capital Acquisition Corp., which bills itself as a newly formed “blank check” company, recently launched and raised more than $155 million that it plans to invest in commercial banking or fintech.
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  • Plaid in the Winner's Circle: Close loans faster, make more money

    A new podcast series from Editor-in-Chief Jacob Gaffney
    In the Winner’s Circle is a new podcast series from HousingWire Editor-in-Chief Jacob Gaffney. Jacob chats with executives about the innovations that are leading to successes in their businesses and within the mortgage industry. In this first episode, Jacob talks with Kate Adamson, head of mortgage at Plaid, a San Francisco-based fintech provider that has set its sights on the mortgage space.
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