Plaid launched a new Consumer Report product that leverages its trove of consumer data to help lenders better underwrite borrowers; Capital One, Stripe, and Adyen partnered on a new data-sharing product designed to fight fraud; Robinhood agreed to purchase crypto exchange BitStamp for $200M; and British challenger bank Monzo announced its first full year of profitability. All this + more inside!
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Fintech Update, 6/3 - 6/9
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Plaid launched a new Consumer Report product that leverages its trove of consumer data to help lenders better underwrite borrowers; Capital One, Stripe, and Adyen partnered on a new data-sharing product designed to fight fraud; Robinhood agreed to purchase crypto exchange BitStamp for $200M; and British challenger bank Monzo announced its first full year of profitability. All this + more inside!