FTC alleges neobank Dave misled customers

Quick Summary:

This week, we’re looking at neobank Dave’s "misleading marketing” according to a new FTC complaint, Affirm’s launch in the U.K.amid regulatory overhaul, and how Equal aims to combat India’s growing cyberfraud problem.

Equal has raised a Series A round of $10 million at a post-money valuation of $80 million to scale its operations.

Tako’s employee life cycle platform automates tasks like onboarding and payroll to save companies time and bring employee information into one place.

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Article Details

Author / Journalist: Cody Corrall

Category: Technology

Markets: United StatesBrazilIndiaMexico

Topics: TechCrunch Fintech Affirm Dave Fintech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 19:05:00 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © TechCrunch

News ID: 23558457

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