TransUnion Announces Investment in Bud

TransUnion (NYSE: TRU) has announced a strategic investment in Bud Financial Limited (Bud), a leader in Open Banking and data intelligence. This dynamic partnership will help drive innovation and growth in the personal finance market and support better outcomes for consumers, with greater financial inclusion. Open Banking plays an increasingly key role in facilitating innovation in the world of personal finance and automated income verification. It allows finance providers to better verify the income of...

Stori, a top Mexico fintech, raises $200M in financing

Credit card-led fintech Stori announced today that it has closed one of the largest Series C equity financing rounds in Latin America to date, accompanied by a debt raise that will be used to fund Stori’s rapidly growing credit card portfolio. The $125M over-subscribed Series C round was co-led by global VC GGV Capital and growth-stage investor GIC. They were joined with significant investments from prominent consumer tech-focused funds General Catalyst and Goodwater Capital. Mexico-based Tresalia Capital also participated, making...

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