Tags: $250M

FDIC Slams Discover with $250M Fine: Major Merchant Restitution Required!

supportApr 22, 2025

The Federal Deposit Insurance Corporation (FDIC) has taken enforcement actions against Discover Bank due to misclassifying credit cards, resulting in over $1 billion in overcharges…

Industry News

Flex Secures $25M Investment, Boosting Its Valuation to $250M: The Ultimate Brex Alternative for Business Owners

supportMar 5, 2025

Flex, a fintech provider, has raised $25 million in equity funding and secured a $200 million credit facility, valuing the company at nearly $250 million.…

Cybersecurity in Fintech

Drata Expands Security Compliance Solutions with $250M Acquisition of SafeBase

supportFeb 12, 2025

Drata, a prominent security compliance automation platform, has acquired software security review startup SafeBase for $250 million to enhance its compliance offerings for frameworks like…