FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.
Singapore’s Hong Leong Eyes SMBs In Virtual Banking Pursuit
Singapore’s Hong Leong Eyes SMBs In Virtual Banking Pursuit
September 15, 2019  |  Banking

Singapore’s Hong Leong Finance is going to take advantage of the country’s plan to issue virtual banking licenses to transform itself into a tech-savvy lender....

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Neobank Northmill Gets Swedish Banking License
Neobank Northmill Gets Swedish Banking License
September 13, 2019  |  Digital Banking

The FinTech Northmill, which offers cloud-based financial services, was awarded a banking license from the Swedish Financial Supervisory Authority (SFSA) on Friday (Sept. 13), according...

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Affirm Looks To Raise $1.5B On $3B Valuation
Affirm Looks To Raise $1.5B On $3B Valuation
September 12, 2019  |  Innovation

Affirm, a FinTech that offers customers payment plans at the point of sale, is reportedly looking to raise around $1.5 billion in a debt and...

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CS Lucas Brings Treasury Tech To UK
CS Lucas Brings Treasury Tech To UK
September 12, 2019  |  B2B Payments

Asia Pacific-based corporate treasury management technology firm CS Lucas is expanding in the U.K., reports said this week. According to BobsGuide reports, CS Lucas has...

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds
Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds
September 11, 2019  |  Digital Banking

Kill the check. Shutter the branch. Make that leather wallet a mobile one, wielded on smartphones. The push toward digital banking seems an inexorable one, with the...

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Nigerian FinTech Kuda Raises $1.6M For Digital Banking Tech
Nigerian FinTech Kuda Raises $1.6M For Digital Banking Tech
September 11, 2019  |  Investments

Kuda, Nigeria’s first digital-only bank with a standalone license, has raised $1.6 million in pre-seed funding led by Haresh Aswani, as reported on Wednesday (Sept....

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Stripe Launches Corporate Card, Expands Payouts To 45 Countries
Stripe Launches Corporate Card, Expands Payouts To 45 Countries
September 10, 2019  |  Payment Methods

Financial services and technology company Stripe now has the capability to pay out to 45 countries, and has launched a new corporate card for businesses,...

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