Bobsguide

SEPTEMBER 22, 2022

IDC’s prestigious annual ranking highlights the leading companies in financial technology. Vendors on the elite list are recognized based on 2021 calendar year revenues attributed to financial services and fintech industries, and have demonstrated their commitment to their customers and the industry. “The

Fintech 74

Fintech Financial Technology Software Capital 74

PYMNTS

NOVEMBER 15, 2018

The market capitalization of bitcoin, the leading cryptocurrency, declined to under $100 billion for the first time since October of 2017 amid a steep sell-off in digital tokens Wednesday (November 14). According to the report, the aggregate digital token market capitalization declined by $15 billion over 24 hours Wednesday.

Bitcoin 134

Bitcoin cryptocurrency Marketing Capital 134

PYMNTS

FEBRUARY 14, 2018

Its units include Distribution Finance Capital, Satago and Oxygen Finance, while it also owns a minority stake in peer-to-peer (P2P) lender Zopa. The companies were grouped together between 2014 and 2017 after investments and acquisitions by Arrowgrass Master Fund Ltd., reports noted.

Lending 122

Lending Capital Groups Financial Technology 122

PYMNTS

MARCH 13, 2019

Naspers, Africa’s largest company based on market value, is gearing up to spend $1 billion in India in the form of investments focused on the financial technology market. Bloomberg reported Naspers is already in talks with Capital Float, an Indian lender, and Wimbo, a payments startup, about investing some $200 million.

Fintech 123

Fintech Capital Online Financial Technology 123

Bankelele

JANUARY 26, 2017

This was revealed by KCB CEO Joshua Oigara at a financial technology forum at the Capital Club in Nairobi that featured futurist & author Brett King. The post KCB to Unveil a Digital Finance Future in Q2 of 2017 appeared first on Bankelele. Oigara said that in their 100 years of existence, […].

Financial Technology 28

Financial Technology Strategy Capital Technology 28

PYMNTS

MAY 29, 2018

Rocket Internet , the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports Reuters. Rocket CEO Samwer did note that Jumia, which is still losing money, may need to raise capital during the next two years.

Fintech 122

Fintech Groups Capital America 122

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms. “We

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

AUGUST 25, 2019

Chinese social eCommerce platform Wanwu Xinxuan has raised $20 million in a Series B round of financing led by Fresh Capital, with participation from Redpoint China Ventures, according to Deal Street Asia. Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories.

Data 109

Data Fintech Lending Regional 109

PYMNTS

JANUARY 15, 2019

. “We are one of a few players in the world focusing on that space,” said AccessPay CEO Anish Kapoor, adding that the company addresses the friction associated with back-end corporate financial technologies operating in siloes. In 2017, it co-led a $15.2 ” Beringea, based in both the U.K. and U.S.,

Security 143

Security US Payments Big Data 143

William Mills

DECEMBER 8, 2016

If you ask my associates at the agency, you’ll find that I’ve been predicting an explosion in fintech: new technologies, new services, disruption of traditional business channels and most importantly, tremendous investments in the financial technology infrastructure. I’ve been predicting for years that this time will come.

Fintech 40

Fintech Atlanta Technology Financial Technology 40

PYMNTS

MAY 28, 2019

The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. billion in 2017. That marked an increase from 2017’s $1.4 million buyers who operate in industries such as website development, logo design and blog writing.

Apple 159

Apple Mobile Fraud Branding 159

Bobsguide

MAY 25, 2022

London — May 16, 2022 — Mindtree , a global technology services and digital transformation company, and Finastra , a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service.

Management 113

Management Payments Innovation Technology 113

PYMNTS

AUGUST 12, 2019

According to Reuters , SoftBank “is in advanced talks to invest in Mexican used car platform Kavak and financial technology firm Konfio, several people familiar with the matter said, underscoring the company’s interest in Mexico as it pours money into Latin America. The latest evidence of that comes via Japan-based SoftBank.

Trends 115

Trends Online Report America 115

PYMNTS

DECEMBER 9, 2019

AvidXchange previously raised $300 million in 2017 at a $1.4 Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. 9), citing sources. This latest fundraising could top $300 million. billion valuation led by PayPal Co-founder Peter Thiel and Mastercard.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

PYMNTS

JANUARY 26, 2017

Vyze, a cloud-based financial technology company for retailers and manufacturers, announced Wednesday (Jan. 25) that it continues to grow its financing platform that provides consumers with access to capital. In a press release , Vyze said that, as of Jan.

Retail 100

Retail Customer Experience Financial Technology Online 100

PYMNTS

JANUARY 12, 2017

Digital currencies, like bitcoin and XPR, are attractive to people wanting to circumvent strict capital controls in places like China, noted the report. Just like bitcoin, XPR can be moved around the globe in a speedy fashion and with anonymity. Reuters noted volume over the last 24 hours was around $2.2

Bitcoin 100

Bitcoin blockchain Regional Financial Technology 100

PYMNTS

DECEMBER 11, 2019

An explosion of FinTechs looking to fill the gaps left across under-banked and under-financed populations — including, in many markets, small businesses — has watchdogs exploring how to promote financial inclusion and access to capital while maintaining borrower protection.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

JULY 10, 2018

million — already ahead of 2017’s full-year take of $167.7 million and four times the amount raised in the first six months of 2017. Financial technology seems to be leading the startup charge, representing 40 percent of the largest 10 deals of the year so far, collectively worth $100 million. So why the boom?

Lending 100

Lending ATM Online Course 100

Fintech Labs Insights

AUGUST 10, 2016

The application window for companies looking to demo their latest fintech innovations at FinovateEurope 2017 in London on February 7 & 8 is now open! Showcase new technology in front of an influential audience of high-level financial and banking executives; press and industry analysts; venture capitalists; regulators; and entrepreneurs.

Innovation 12

Innovation Fintech blockchain Financial Technology 12

PYMNTS

MAY 22, 2018

The use of financial technology startup tools in supply chain finance and other areas is also of interest,” he told the audience, “particularly with the second EU Payment Services Directive [PSD2] starting this year.”

Fintech 122

Fintech Conference Survey Management 122

CB Insights

JULY 26, 2017

Deal activity to baby and kids tech startups reached record levels in 2016 at 176 total, and 2017 deals are on track to surpass that figure by year-end. Using CB Insights data, we analyzed funding trends from 2013 through 2017 year-to-date (7/20/17) in the baby and kids tech category. Both deals were in Q1. Financing trends by stage.

Trends 41

Trends Capital Comparison Video 41

William Mills

AUGUST 17, 2016

Between September and October, we’ll see a host of new companies, ideas and innovation, and we’ll hear from the “experts” on those issues we need to pay attention to in 2017. Alternative lenders are learning more about fraud to their dismay and access to capital. I’ll admit it, I really do look forward to the fall conference season.

Conference 40

Conference Innovation Las Vegas Colorado 40

PYMNTS

OCTOBER 1, 2018

As technology continues to provide more creative means for financial transactions, so, too, must financial technology companies be careful to abide by the rules that ensure stability and fairness in these emerging markets.” LendingClub has agreed to pay a $2 million civil penalty to settle the matter. “As

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

JANUARY 26, 2017

The World Bank ranked the United Arab Emirates as the 26nd best country to do business in 2017, out of 190. Dubai is considered to be a hotbed for financial technology and innovation, not just in the Middle East but globally.

Fintech 100

Fintech Regional Innovation Leadership 100

Gonzobanker

FEBRUARY 4, 2019

In the years since the Great Recession, financial institution executives became increasingly optimistic. In Cornerstone Advisors’ annual What’s Going On In Banking study, CEO optimism hit a five-year high in 2017 and, for the most part, stayed that way for 2018.

Technology 79

Technology Survey Tennessee Strategy 79

Lex Sokolin

DECEMBER 23, 2020

The SEC, OCC and CFTC have been generally more cautious not to step on financial technology innovation. the allure of institutional capital is a constant glimmer of greedy, opportunistic hope. As an example, don’t think about Goldman Sachs or JP Morgan who can extend their budget and human capital to defend position.

Regulation 52

Regulation US System Operations 52

Lex Sokolin

DECEMBER 23, 2020

The SEC, OCC and CFTC have been generally more cautious not to step on financial technology innovation. the allure of institutional capital is a constant glimmer of greedy, opportunistic hope. As an example, don’t think about Goldman Sachs or JP Morgan who can extend their budget and human capital to defend position.

Regulation 52

Regulation US System Operations 52

Fintech Labs Insights

DECEMBER 7, 2020

But we achieved a new milestone surpassing the $1 TRILLION-mark in total valuation among the 120 public and private financial technology companies. New in November: Newborns: Verafin , the Canadian anti-financial crime specialist founded in 2003, is set to be acquired by NASDAQ for US$2.75 Dec 2017 round. Total = 120.

United States 15

United States Fintech Portland Oregon 15

PYMNTS

DECEMBER 28, 2016

The growth in automation solutions and product offerings not only created greater efficiencies and cost reductions, it has paved the way for new strategies and technologies to streamline business processes further in 2017.”. 2017 will bring a greater adoption of companies being comfortable outsourcing the payments process in general.

Capital 119

Capital Payments Innovation Technology 119

PYMNTS

OCTOBER 10, 2019

The service significantly reduces the time it takes to deploy capital, from several weeks to a single day. “This is a huge step forward in the evolution of unsecured consumer loans as an asset class,” said Valerie Kay, chief capital officer of LendingClub. Scale and Select were launched in 2017.

Capital 100

Capital Analytics Innovation Financial Technology 100

CB Insights

JULY 16, 2017

Liberty also made an investment toward its thematic focus in next-gen vehicles, participating in Michigan-based connected car security company Karamba Security ‘s $12M Series B in May 2017. USAA has in some cases launched partnerships and pilots with its investments including Coinbase and MX Technologies. Munich Re/HSB Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

CB Insights

JULY 1, 2018

In honor of Canada Day this weekend, we used CB Insights’ database to compile 150 notable tech companies, most active venture capital and corporate investors, and top exits of Canada’s private company tech scene into a periodic table. The list includes VCs such as BDC Venture Capital and Real Ventures, among others.

Software 78

Software Capital Mobile Technology 78

PYMNTS

JANUARY 21, 2019

One of the more recent examples comes from London-based financial technology startup Revolut , which is reportedly “the first London-based FinTech to receive a European banking license.” The company said its capital value has jumped from 280 million pounds in 2017. Monzo recently achieved a valuation of $1.3

Trends 185

Trends Payments Fintech Mobile 185

Fintech Labs Insights

OCTOBER 16, 2016

Once the deal closes in Q1 of 2017, it will boost Cardtronics’ network to 225,000 ATMs across North America, Europe, and Asia Pacific. NACHA has imposed a same-day fee on every same-day ACH transaction to help financial institutions receiving the funds to recover the cost to enable same-day ACH. InsurTech Rising.

Trends 12

Trends Fintech blockchain America 12

CB Insights

MARCH 27, 2018

On December 20, mobile security company NXT-ID Inc announced that its subsidiary FitPay , which adds contactless payment capabilities to wearable and IoT devices, would enter a partnership with financial services company Cascade Financial Technology Corp. ” — Michael Orlando, NXT-ID COO & FitPay President.

blockchain 48

blockchain Company cryptocurrency Bitcoin 48

CB Insights

OCTOBER 31, 2019

In 2017, JPMorgan Chase announced that its “COiN” bot was reviewing about 12,000 financial contracts every year — saving about 360,000 hours worth of labor from lawyers and loan officers. This flurry of activity generated a lot of excitement about the technology’s potential. Source: CB Insights. Source: Trim.

Industry 78

Industry Examples Tools Retail 78

Fintech Labs Insights

OCTOBER 3, 2016

Forged strategic partnership with United Capital. Personal Capital ( FD15 ). Announced new investment of $50 million, with another $25 million coming in 2017. Launched Financial Fitness program for employers to offer employees. Added to KBW Nasdaq Financial Technology Index. Thinking Capital ( FD15 ).

San Francisco 18

San Francisco Taxes Lending Colorado 18