Good businesses [are] put through the ringer ... largely because the infrastructure to help a bank understand who that customer is has just been really bad,” said founder Kyle Mack.

The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...

The company wants to develop “American First” investment vehicles with funding of up to $250 million to be custodied by Charles Schwab, it said Wednesday.