24 July 2024
Written By FinTech Alliance in FinTech
US fintech company Mercury Bank has announced it will close accounts for users in several prohibited countries, including Zimbabwe, by August 22, 2024.
The bank's updated eligibility criteria now exclude account openings and transactions for individuals and businesses in specific countries due to compliance reasons. This decision has led to concerns among affected users, who depend on Mercury Bank for their international financial transactions, potentially disrupting their business operations.
This investment will accelerate MODIFI's expansion in key markets like China and India, aiding SMEs with liquidity and flexible payment terms.
The PYMNTS FinTech IPO Index rose 8.67% in a week driven by robust earnings from BILL and Payoneer
LendingMetrics will use this funding to expand its decisioning software products, such as the Auto Decision Platform
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This investment will accelerate MODIFI's expansion in key markets like China and India, aiding SMEs with liquidity and flexible payment terms.
The PYMNTS FinTech IPO Index rose 8.67% in a week driven by robust earnings from BILL and Payoneer
LendingMetrics will use this funding to expand its decisioning software products, such as the Auto Decision Platform
This partnership enables Marygold & Co. to embed savings accounts in its app, which will provide a range of personalised wealth-building tools to users...
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