Evolve hack fallout continues, fintech M&A heats up and Plaid talks enterprise push

Quick Summary:

This week, we’re looking at the Evolve Bank hack, three notable acquisitions, Plaid’s enterprise customer growth and more.

The news highlights that the fallout from the Evolve data breach on third-party companies — and their customers and users —  is still unclear.

Armed with $8 million in seed funding, Egyptian banking-as-a-service startup Connect Money is out to tap its popularity to explore emerging business opportunities out of African markets.

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Article Details

Author / Journalist: Mary Ann Azevedo

Category: Technology

Markets: United StatesBelgiumBrazilEgyptIndiaSweden

Topics: Fintech Evolve TechCrunch Fintech

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 17:05:00 (2 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1223 words

Reading Time: 7 minutes read

Sentences: 60 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21463088

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