Technology

Technology
Today in FinTech: Effectiv Plans Boosted Tech; Yokoy Eyes Europe; ArK Kapital Seed Helps Seed...
March 29, 2022

In today’s FinTech news, Effectiv is using its seed funding to boost its technology, while ArK Kapital plans to use its seed round capital to further grow its lending platform for tech startups. Plus, Yokoy is eyeing further expansion into Europe following its Series B...

Technology
Today in FinTech: Startup Zepto Seeks Growth; Cornerstone to Enable Payroll in Crypto
March 28, 2022

Today in FinTech news, Australian startup Zepto uses its Series A funding to fuel growth, while Cornerstone picks up Paydrop to facilitate cryptocurrency compensation. Plus, FinPay raises $15 million to continue expanding its fully managed patient engagement firm. Aussie A2A Merchant Payments Startup Zepto Notches...

Technology
Low-Cost Self-Checkout System Aims to Disrupt Retail POS Market
March 28, 2022

The pandemic has significantly impacted consumers’ shopping and buying behavior, accelerating the adoption of digital technologies and a boom in eCommerce within the retail sector. As a result of this shift, brick-and-mortar retailers looking to create a winning post-pandemic business model have turned to self-service...

Technology
Elon Musk Considers Creating Social Media Platform Focused on ‘Free Speech’
March 27, 2022

Tesla CEO Elon Musk has been giving serious consideration to creating a new social media platform, Reuters reported Sunday (March 27). Musk had been responding to a question from a Twitter user on whether he’d consider making a social media platform that prioritized free speech,...

Technology
Today in FinTech: Ola Buys Digital Bank; Alt Finance Needs Stronger ID Security
March 25, 2022

In today’s FinTech news, ride-hail firm Ola acquires challenger bank Avail Finance, while Relay Payments launches a payments solution for the fleet industry. Plus, a recent survey shows financial advisors are slow to recommend digital assets for clients’ portfolios.  India’s Ola to Acquire Neo Bank...

Technology
Today in FinTech: Kadmos Eyes New Sectors; Chetwood Acquires Yobota
March 24, 2022

Today in FinTech news, Kadmos is eyeing new industries as it secures seed funding, while Chetwood Financial acquires Yobota. Plus, new unicorn Clara expands into Colombia, and Cross River taps Chainalysis to help cryptocurrency firms scale. German FinTech Kadmos Closes $9.1M Seed Round Kadmos is...

Technology
Global Semiconductor Crisis Spurs Action by US, the EU — and Chip Makers Themselves
March 24, 2022

Geopolitical tensions, decades of trade policy and the massive chip needs of a growing connected economy are converging as the semiconductor shortage hits alarming levels, laying the groundwork for business and regulatory changes coming to this essential sector. Chip makers were on Capitol Hill Wednesday...

Technology
Today in FinTech: Flutterwave Enters Tanzania; Stilt Raises $114M
March 23, 2022

Today in FinTech news, Flutterwave is bringing digital payments to the East African country of Tanzania, while startup Stilt is earmarking its Series A capital to expand its mission-driven lending platform. Plus, J.P. Morgan shareholders want tech spending transparency from CEO Jamie Dimon. FinTech Flutterwave Debuts...

Technology
Apple, Arizona Introduce Driver’s License, State ID in Wallet
March 23, 2022

It will be a little easier for Arizona residents to get through the safety checks at the Phoenix airport, as Arizonans can now add their driver’s license or state identification to Apple Wallet, the tech giant announced Wednesday (March 23).  The feature allows Apple Wallet...