In today’s FinTech news, Madrid-based FinTech company RITMO raises $200 million to grow its financing and payments platform, while bitcoin mining company Applied Blockchain plans for an upcoming initial public offering (IPO). Plus, Kenyan mobile service providers get ready to join the country’s payments network....
As the extent of paycheck-to-paycheck living even among high earners becomes clear in the pandemic’s wake, ideas around ownership continue to shift. Lease-to-own (LTO) and buy now, pay later (BNPL) are popular options, as is the trend of renting one’s digital devices. Given that smartphones...
Retail Robotics is launching new technology solutions for retailers and providers of logistics services, according to a Tuesday (April 5) press release. “Classic solutions have low capacity and occupy large space, whereas home delivery causes higher traffic in cities and generates air pollution,” said Retail...
Banking solutions firm Cashfree Payments is introducing a new verification tool as part of its know your customer (KYC) suite of authentication products, according to a press release on Monday (April 4). Aadhaar Verification adds to the additional solutions in the company’s toolbox that offer...
In today’s FinTech news, OpeaSea is now accepting debit, credit and other payment forms for non-fungible tokens (NFTs), meaning that even people who don’t dabble in crypto can still buy, sell, trade and collect digital art. Plus, Anyday raised seed funds to introduce its split...
To describe the evolution of accounts receivable (AR) and accounts payable (AP) functions and the value of automation, Ted Tekippe, head of payment strategy and operations at Scrypt, uses the analogy of GPS functions for drivers. It used to be that drivers would get a map book,...
In today’s FinTech news, Brazil’s FinTech Cerc is preparing to go public while Revolut is eyeing worldwide growth. Plus, Finicity and Finserv are collaborating to bring meaning to data collection. Brazil FinTech Cerc Prepares IPO to Raise $100M Brazilian exchange receivable firm Cerc is looking...
There has been much hype around 5G, but developers haven’t delivered many products that use it to its full potential, T-Mobile said when rolling out some new programs designed to accelerate innovation. The carrier has announced a new developer platform, an innovation center, investments in...
In the seesawing scene that is home building and buying in the pandemic era, the housing shortage drags on — as does a dearth of skilled workers who’ve left the industry since 2020. In mid-March, the National Association of Realtors (NAR) said the “housing inventory...
