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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. However, we have to do manage our other risks, such as compliance and operational risk.” Revenue fell to $21.6 billion in the year-ago period. .

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Fintech Fundings: 20 Companies Raise $175 Million Week Ending Nov 6

Fintech Labs Insights

HQ: Sioux Falls, South Dakota. Bitcoin debit card (e-coin). Tags: Consumer, debit card, payments, cryptocurrency. Total raised: $42 million. HQ: Atlanta, Georgia. Source: Crunchbase. Expansion Capital Group. Small business alt-lender. Latest round: $25 million Debt. Total raised: $37.1 million (includes $35 million debt).

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