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Innovation on Display: The 2017 Ford GT and FIS Connect 2017

Celent Banking

I like analogies because they can inject simplicity into the most complex discussions of financial technology, and make abstract concepts become more concrete and accessible to the casual fan of technology. As sharp-eyed Celent retail banking subscribers know, I'm an avid collector of good analogies.

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SoftBank Reportedly Tapping Into Online Used Car Trend

PYMNTS

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. The company – whose name means “Buy My Car” in the country’s official language – was founded in 2017, and last year raised $3.7 Used Vehicle Trends. million in a previous round.

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The 2017 Ford GT and FIS Connect 2017: Innovation on Display

Celent Banking

I like analogies because they can inject simplicity into the most complex discussions of financial technology, and make abstract concepts become more concrete and accessible to the casual fan of technology. As sharp-eyed Celent retail banking subscribers know, I'm an avid collector of good analogies.

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B2B Neobank Qonto Gets $115M In Series C Round

PYMNTS

The startup has said that business banking on the continent needs to be repaired, and that it can provide a much better experience with its mobile and online-first offerings. . It also plans to hire more employees with the capital. Qonto launched its corporate digital banking solution in 2017. million.

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Citi Venture Investing Head: ‘Financial Services is Becoming More Like Tech’

Bank Innovation

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

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Naspers Earmarks $1B For Indian FinTech Investments

PYMNTS

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. At the time Naspers said proceeds would go toward growth opportunities in global classified, online food delivery and FinTech. percent from 33.2

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LendingClub’s New LCX Platform Offers Same-Day Loan Settlement

PYMNTS

LendingClub, an online marketplace that connects borrowers and investors, has launched a new marketplace called LCX with the intention of drawing a larger swath of institutional investors to the platform. The service significantly reduces the time it takes to deploy capital, from several weeks to a single day.

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