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.
UK FinTech Paysend Raises £8.5M For Global Rollout
UK FinTech Paysend Raises £8.5M For Global Rollout
July 26, 2019  |  Investments

With more than 930 investors on the Seedrs investment platform, FinTech firm Paysend has notched an £8.5m Series B fundraising round from GVA Capital. Seedrs...

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Fiserv Posts Q2 Revenue Growth As First Data Deal Nears Closing
Fiserv Posts Q2 Revenue Growth As First Data Deal Nears Closing
July 25, 2019  |  Earnings

As Fiserv heads toward its $22 billion acquisition of First Data — a massive payments and FinTech deal now expected to close on or about...

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Vietnam Startup Funding Jumps 90 Pct. YOY
Vietnam Startup Funding Jumps 90 Pct. YOY
July 24, 2019  |  Investments

Startup companies in Vietnam, ranging from FinTech to logistics and artificial intelligence, are attracting a record amount of venture capital money in the country, according...

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High-Yield Deposit Accounts Come To Robo-Advisory Service Betterment
High-Yield Deposit Accounts Come To Robo-Advisory Service Betterment
July 24, 2019  |  Digital Banking

High-yield checking and savings are now being offered by online wealth advisor Betterment as a way to attract new customers.  “It’s really hard for banks...

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Shoring Up FIs ‘Deteriorating Advantage’ Over Big Tech
Shoring Up FIs ‘Deteriorating Advantage’ Over Big Tech
July 24, 2019  |  Digital Banking

Big Tech vs. big banks. Battling. Conventional wisdom seems to hold that challenger banks will eat traditional financial institutions’ collective lunch in the race for...

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Why Merchants May Need Multiple Processing Relationships
Why Merchants May Need Multiple Processing Relationships
July 18, 2019  |  Retail

FinTech firms are keeping tabs on the optimization curve of eCommerce merchants — and how their payments needs evolve. Merchants might start with an off-the-shelf...

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Nubank Lets SMBs Test New Bank Service For Free
Nubank Lets SMBs Test New Bank Service For Free
July 17, 2019  |  B2B Payments

Brazil FinTech Nu Pagamentos SA, also known as Nubank, is preparing to launch small business digital accounts, Reuters reported on Tuesday (July 16). First launched...

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Bank of Montreal Connects With Demica For Trade Finance
Bank of Montreal Connects With Demica For Trade Finance
July 16, 2019  |  B2B Payments

The Bank of Montreal is collaborating with a FinTech on supply chain finance services. Reports in Crowdfund Insider said Monday (July 15) that Bank of...

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Lendbuzz FinTech Raises $150M In Debt And Equity Financing
Lendbuzz FinTech Raises $150M In Debt And Equity Financing
July 16, 2019  |  Investments

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation...

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