PYMNTS

NOVEMBER 21, 2019

“Ubisoft’s rich portfolio of world-renowned brands — including Assassin’s Creed, Just Dance and Far Cry — is a testament to their dedication to creating quality content for all, and their years-long dedication to exploring blockchain technology ensures they have the knowledge and skills to be excellent block producers.”.

Bitcoin 130

Bitcoin blockchain Report Payments 130

PYMNTS

JANUARY 26, 2020

Alcanza Capital and Bontu. As SoftBank’s Latin America fund is one of the leading technology investors in the world, the equity infusion will give AlphaCredit the opportunity to “consolidate its place as one of the leading financial technology platforms” in the region, a press release says.

Fintech 247

Fintech America Capital Regional 247

PYMNTS

AUGUST 2, 2020

needed financial help in April as the pandemic led to a loss of customers, founder Pavia Rosati turned to her bank, Capital One Financial Corp., for help, The Wall Street Journal (WSJ) reported. A bank employee referred her to Capital One’s toll-free customer service hotline. When Fathom Unlimited Inc.

Minneapolis 173

Minneapolis Denver New York Capital 173

PYMNTS

OCTOBER 6, 2020

Venture capital firm Greycroft , based in New York and Los Angeles, has raised $680 million to fund new startups, according to Bloomberg , looking for "the next Bumble or Venmo.". The firm plans to invest $310 million in early-stage startups and $370 million in growth-stage startups, the report stated.

Los Angeles 294

Los Angeles New York Financial Technology Trends 294

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

FEBRUARY 16, 2017

Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. Singapore’s central bank will no longer require venture capital managers to appoint directors that have at least five years of fund management experience as they have been.

Regulation 183

Regulation Capital Fintech Innovation 183

PYMNTS

FEBRUARY 16, 2020

billion, Bloomberg reported on Friday (Feb. SoftBank has so far earmarked $100 million to $150 million to fund 17 companies and two venture capital firms. . “We In addition, it will continue direct investments in venture capital firms.

Fintech 174

Fintech America Regional Capital 174

PYMNTS

JANUARY 13, 2021

Vietnam’s MoMo, the digital wallet company, has raised $100 million from a collection of six investors co-led by Goodwater Capital and Warburg Pincus. Plus, Vietnam’s MoMo has notched $100 million from a collection of six investors. Singapore Tech Startup Sea Buys Indonesian Bank BKE. Singapore Tech Startup Sea Buys Indonesian Bank BKE.

Digital Banking 141

Digital Banking ATM Capital Regional 141

PYMNTS

JUNE 26, 2020

Brussels is seeking an investigation into the Federal Financial Supervisory Authority ( BaFin ), Germany’s financial regulatory authority, for its failure to supervise Wirecard, the Financial Times reported. We need to clarify what went wrong.”. A mid-July deadline for a reply from ESMA has been set, he added.

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Regulation Capital Policies Course 152

Bank Innovation

JANUARY 17, 2018

London bank Standard Chartered has created an investment unit for financial technologies and innovation, the bank reported today. Under the heading ‘SC Ventures,’ the unit will focus on the bank’s existing “minority investments in fintech,” as reported by Reuters, while also searching for new fintech investments.

Fintech 249

Fintech Financial Technology Innovation Report 249

PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. As companies elevate their use of payroll cards, Galileo Financial Technologies is rolling out its own solution to facilitate employee compensation.

Cards 208

Cards New York Capital Compliance 208

PYMNTS

JANUARY 29, 2019

Financial technology startups were able to raise $39.57 Reuters , citing data from CB Insights, reported the funding was on a global basis and was raised via 1,707 deals. billion last year, noted the report. What’s more, a $14 billion investment in Ant Financial represented 35 percent of the total funding in 2018.

Fintech 184

Fintech Capital Financial Technology Report 184

PYMNTS

JANUARY 27, 2021

Tat Capital Debuts Value-Add For Corporate Cards. Tat Capital launched a new solution in Australia aimed to help small- to medium-sized businesses (SMBs) make use of the credit lines available via their corporate cards in new ways.

Cards 237

Cards Capital Security Compliance 237

PYMNTS

SEPTEMBER 29, 2020

With more countries and regions embarking on the modernization of their payments systems to capitalize on real-time technologies and customer demand, the market opportunity is significant,” said Paul Stoddart , Mastercard president of new payment platforms. Payments giant Mastercard, based in Purchase, N.Y.,

Payments 248

Payments System cryptocurrency Regional 248

PYMNTS

JULY 24, 2020

The latest infusion of cash comes from TSG Consumer Partners , a San Francisco-based private equity company, TechCrunch reported. Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

PYMNTS

SEPTEMBER 6, 2019

But it was a Singapore startup building out a holistic suite of small business financial services that landed the largest round this week, by far. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

AUGUST 11, 2020

Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. While we still have some way to go, we are pleased with our progress in 2019,” Revolut Founder and CEO Nik Storonsky said in the CNBC report. “We

San Francisco 239

San Francisco Fintech Digital Banking California 239

PYMNTS

JANUARY 4, 2017

Canadian financial technology companies backed by venture capitalists reached a level not seen in nearly two decades, despite a slowdown of investment dollars flowing into FinTechs in the U.S. According to a report by Reuters , while FinTechs may not be red hot in the U.S., million, according to the report. and the U.K.

Fintech 159

Fintech Capital Financial Technology Report 159

PYMNTS

JANUARY 13, 2021

Globe Fintech Innovations of the Philippines, which is Globe Telecom’s financial technology division that runs the GCash digital wallet, has raised $175 million in further venture funding. Globe Fintech, which is called Mynt, said Bow Wave Capital Management and existing investors took part in the fundraise.

Video 130

Video United States Mobile Payments 130

PYMNTS

FEBRUARY 14, 2020

STC Pay, a digital wallet that is part of the Saudi Telecom Company, has teamed up with payments company Moven Enterprise to launch a new challenger bank in the country, according to reports. STC Pay, which does financial technology work for both companies and individuals, works with the Saudi Arabian Monetary Agency.

Regional 222

Regional Google Financial Technology Capital 222

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). The company announced a $30 million Series B investment round this week, led by Accel, said reports in Fortune. Open Financial Technologies.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

PYMNTS

NOVEMBER 23, 2020

Financial technology company Sleek has reportedly netted $4 million in venture funding for its efforts to take on the traditional corporate services industry. SEEDS Capital , the investment arm of Enterprise Singapore , led the funding round, which also included MI8 Ltd.,

Fintech 151

Fintech Taxes Compliance Capital 151

PYMNTS

OCTOBER 22, 2018

financial technology startup backed by Goldman Sachs , is expanding overseas. Investing.com , citing a Reuters report, said that the company, which helps other startups issue payment cards, has set its sights on London and has already hired five employees and signed up customers. Marqeta , a U.S. The expansion into the U.K.

Las Vegas 142

Las Vegas Cards Conference Capital 142

PYMNTS

AUGUST 3, 2018

The company announced this week it raised $3 million in seed funding for its efforts, reports in Cryptovest said, with funding led by ZhenFund, the U.S. Digital Currency Group, INBlockchain and Blockwater Capital. Additional investors also included Global Blockchain Innovative Capital, AlphaBlock Capital and AlphaCoin Fund.

Fintech 104

Fintech Capital blockchain Security 104

PYMNTS

JANUARY 7, 2019

“The Bureau of Consumer Financial Protection ( BCFP ) and federal banking regulators have monitored FinTech lenders’ use of alternative data by collecting information and developing reports on alternative data,” said the GAO, as noted in media coverage this past week. Sandboxes, Gathering Steam.

Lending 150

Lending Fintech Data Wyoming 150

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 a report in CNBC citing Coinmarketcap.com, the market cap of bitcoin was at $98,194,458,586 overnight.

Bitcoin 134

Bitcoin cryptocurrency Marketing Capital 134

Bank Innovation

AUGUST 1, 2018

Zelle made a difference to the bottom line of financial technology provider Fiserv, the company reported on its earnings call yesterday. It was also noted that several banks — Fiserv serves some 13,000 financial institutions — saw a boost in transactions due […].

Financial Technology 170

Financial Technology Technology Report Company 170

PYMNTS

JANUARY 21, 2020

Qonto , a French startup Neobank that caters to B2B clients, has raised $115 million in a Series C funding round led by DST Global and Tencent, according to a report. It also plans to hire more employees with the capital. Compliance startup Chainalysis landed $30 million in a funding round, and Open Financial Technologies raised $4.6

Capital 131

Capital Digital Banking Compliance Mobile 131

PYMNTS

DECEMBER 18, 2019

Lendo , a peer-to-peer (P2P) lending marketplace for small- and medium-sized businesses (SMBs), wants to help them pre-finance their invoices so they can potentially get paid faster, according to a report. Late payments and lack of working capital, [and]/or inadequate cash flows, are the main challenges that [SMBs] face.

Capital 131

Capital Maine Lending Financial Technology 131

PYMNTS

JULY 31, 2020

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. government, joining just a few recipients since the 2008 financial crisis, Bloomberg News reported. which had housed them, the news service reported. Varo Bank N.A. million.

National 172

National Fintech San Francisco Connecticut 172

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. The African internet and media company has already invested in Indian startups, but the report noted its focus to date has been on food delivery in the country.

Fintech 123

Fintech Capital Online Financial Technology 123

PYMNTS

JULY 26, 2020

Equifax , the Atlanta-based financial technology company, has purchased Ansonia Credit Data , a commercial credit data firm. Launched in 2006, Ansonia reports on seven million businesses in more than 140 industries. The price was not disclosed.

Data 167

Data Company Pennsylvania Atlanta 167

PYMNTS

JULY 31, 2018

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. The report arrives at a time of growing optimism for U.S. Treasury Department.

Fintech 194

Fintech Security US United States 194

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

FEBRUARY 19, 2019

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. The report noted that banking systems embedded on mobile phones are popular in emerging markets, including in China, India and Kenya , driven in part by private-sector FinTechs.

Fintech 173

Fintech System Mobile Payments 173

PYMNTS

MAY 17, 2019

-led round, financial services software startup firm OpenFin notched $17 million in funding. Barclays also participated in the round, as did existing investors such as Bain Capital Ventures, Pivot Investment Partners and JPMorgan Chase & Co., Reuters reported. million in Bink per reports in February.

Software 134

Software New York Risk Management System 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. Its units include Distribution Finance Capital, Satago and Oxygen Finance, while it also owns a minority stake in peer-to-peer (P2P) lender Zopa. reports noted.

Lending 122

Lending Capital Groups Financial Technology 122