Credit Sesame has made its first acquisition that will solidify its position as a fintech banking platform; the company known for its free credit score and loan recommendations expanded into banking earlier this year when it launched Sesame Cash, a new type of digital checking account with cash rewards; the company powering Sesame Cash is Canadian digital bank, Stack; Credit Sesame has announced the acquisition of Stack today for an undisclosed amount as the company looks to build out its banking offerings; Stack CEO Miro Pavletic will join Credit Sesame as general manager of international business as the combined company looks to grow its international presence. Business Insider
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.