Peter Thiel

N26 closing all U.K. mobile banking accounts, blaming Brexit

02/11/20

The German challenger bank said that its "several hundred thousand" customers in the U.K. have until April 15 to withdraw money or transfer it to another account.

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Challenger bank N26 ordered to bolster money laundering safeguards

05/22/19

The measures are likely to raise security costs for the German smartphone bank backed by billionaires Peter Thiel and Li Ka-shing.

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Consumer lender Affirm raises $300M to fund rapid expansion

04/03/19

The Silicon Valley-based fintech, which recently announced a new partnership with Walmart, plans to add hundreds of new workers this year.

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Ant, MoneyGram deal killed; Hatch to retire

01/03/18

The two payments companies failed to win U.S. government approval for their merger; the head of the Senate Finance Committee says he will leave when his term ends.

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