The SEC issued a proposed rule aimed at the use of predictive analytics by broker-dealers and investment advisors like Robinhood; Plaid is deepening its partnership with Cross River Bank to support real-time money movement; Shopify launched a business credit card designed for its merchants; AngelList acquired investor management software firm Nova; digital credit firm Upgrade will acquire travel-focused BNPL company Uplift; and Dutch digital bank Bunq raised €100M in equity funding at a valuation of €1.65B. All this + more inside!
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Fintech Update, 7/24 - 7/30
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The SEC issued a proposed rule aimed at the use of predictive analytics by broker-dealers and investment advisors like Robinhood; Plaid is deepening its partnership with Cross River Bank to support real-time money movement; Shopify launched a business credit card designed for its merchants; AngelList acquired investor management software firm Nova; digital credit firm Upgrade will acquire travel-focused BNPL company Uplift; and Dutch digital bank Bunq raised €100M in equity funding at a valuation of €1.65B. All this + more inside!