PYMNTS-MonitorEdge-May-2024

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.

PayPal, Samsung Join LatAm-Focused FinTech Prometeo’s $13 Million Series A
PayPal, Samsung Join LatAm-Focused FinTech Prometeo’s $13 Million Series A
January 12, 2024  |  Investments

Prometeo, a Uruguay-based FinTech infrastructure company focused on financial institutions in Latin America, has raised $13 million in Series A funding.  The funding round was...

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Data Depth Over Customer Breadth: The Push for Personalized Digital Financial Experiences in 2024
Data Depth Over Customer Breadth: The Push for Personalized Digital Financial Experiences in 2024
January 12, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Rivero Raises $7 Million to Expand Payment Automation Offering
Rivero Raises $7 Million to Expand Payment Automation Offering
January 11, 2024  |  Investments

Swiss FinTech Rivero plans to expand to new markets after raising $7 million. Rivero, which specializes in digitization and automation of payment processes, announced the...

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Balancing Innovation, Regulation and Profitability Will Be Key in 2024
Balancing Innovation, Regulation and Profitability Will Be Key in 2024
January 11, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Exponent Co-Founder Eyes B2B Startups Riding ‘Growth Curves’
Exponent Co-Founder Eyes B2B Startups Riding ‘Growth Curves’
January 11, 2024  |  Investments

Mahdi Raza, co-founder and co-managing partner of Exponent Founders Capital, told Karen Webster that the landscape is changing for investors eyeing the digital transformation of...

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Andaria Taps Mastercard to Enhance Embedded Finance Solutions
Andaria Taps Mastercard to Enhance Embedded Finance Solutions
January 10, 2024  |  B2B Payments

FinTech company Andaria has partnered with Mastercard to strengthen its embedded finance proposition. This strategic collaboration will enhance the quality of Andaria’s card and payment...

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Congressional Hearing Probes If FinTechs and Crypto Should Be Regulated
Congressional Hearing Probes If FinTechs and Crypto Should Be Regulated
January 10, 2024  |  Regulation

Frameworks come, frameworks go — and frameworks are fluid. To that end, in a hearing scheduled for Wednesday afternoon (Jan. 10) before the Subcommittee on...

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UAE Escapes ‘FinTech Winter’ as Investments Jump 92%
UAE Escapes ‘FinTech Winter’ as Investments Jump 92%
January 10, 2024  |  Fintech Investments

Last year’s FinTech funding drought didn’t touch the United Arab Emirates (UAE). Investments in that sector fell by half all over the world as investors were scared...

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Big Tech Group Opposes Proposed CFPB Digital Wallet Rules
Big Tech Group Opposes Proposed CFPB Digital Wallet Rules
January 09, 2024  |  Regulation

A tech lobbying group is pushing back against proposed regulations for digital wallet providers. The Computer & Communications Industry Association (CCIA) — whose members include Amazon and...

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