PYMNTS

NOVEMBER 9, 2020

In today’s top payments news around the world, Red Dot Capital Partners has landed $200 million to invest in tech firms, Walmart announced it would sell its retail operations in Argentina to Grupo de Narváez. Israeli’s Red Dot Capital Raises $200M For Southeast Asia-Focused Tech Startups.

Retail 210

Retail Capital Payments Fintech 210

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. 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. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

SEPTEMBER 25, 2019

PayMongo, a FinTech startup that helps businesses and merchants set up online payments systems, has raised $2.7 The company serves businesses in the Philippines and other regions in Southeast Asia. Y Combinator, Global Founders Capital, Soma Capital and others also participated in the funding round. .

Fintech 117

Fintech Online Capital Regional 117

South State Correspondent

FEBRUARY 20, 2023

There are now many online, nationally-focused lenders that are capable of an entire virtual relationship. Further, the competition is not just another bank that might make a loan or take a deposit, but it could be a credit union, insurance company, retail store, or a fintech. The same picture emerges for domestic deposits.

National 195

National Lending How To Community Bank 195

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

PYMNTS

AUGUST 14, 2019

Companies separated across borders want payments to be delivered on time so they can meet their payment deadlines, access capital and deliver products in a timely fashion. A group of Nordic banks have selected Mastercard to overhaul its financial services operations for the region. Deep Dive: The Road to Real-Time Payments.

Fintech 168

Fintech Payments Cards Regional 168

PYMNTS

JUNE 3, 2020

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors.

America 248

America Regional Fraud Mobile 248

PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). In addition, shares in online lenders LendingClub and OnDeck Capital were recently down 86 percent and 77 percent, respectively, from their IPO prices. and venture-capital firms DST Global and QED Partners.

Lending 116

Lending Fintech Atlanta Capital 116

PYMNTS

SEPTEMBER 4, 2019

The original guidelines, as reported, had limited at least some types of lending — to 10 percent an authorized institution’s capital bases — but the more recent actions from the HKMA seek to “liberalize” lending activities.

Lending 134

Lending Fintech Guidelines Meeting 134

PYMNTS

JANUARY 7, 2020

Singapore’s FinTech firm ADVANCE.AI , Hong Kong’s financial services company Sheng Ye Capital and Singapore’s firm Phillip Capital are the most recent in a series of contenders for critical business permits in Singapore. billion in capital on hand, and be governed by Singapore leadership.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

PYMNTS

JANUARY 15, 2021

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup X1 notched $12 million in a funding round headed up by Spark Capital. X1 Card Raises $12 Million In Funding Round Led By Spark Capital.

Cards 152

Cards California Capital Tools 152

PYMNTS

MAY 2, 2017

For small businesses, expansion is key, and expansion needs capital. For small business lenders and for FinTech too, expansion is key; but for Biz2Credit, expansion is literal. Verticals within the SMB realm that may be receptive to online lending, he said, include manufacturing and retail.

Puerto Rico 118

Puerto Rico Lending Online United States 118

PYMNTS

DECEMBER 28, 2018

Though FinTech has, in many ways, heated up the competition with banks, traditional financial institutions (FIs) widely began to realize in 2018 that their best strategy to remain competitive in today’s financial services landscape is often to collaborate with (not against) those FinTech firms. Square Links Up With Handshake.

Innovation 184

Innovation Fintech Payments Management 184

PYMNTS

FEBRUARY 10, 2017

With a goal of expanding its presence across the Nordic region, Enterpay, based in Finland, has raised new funding from NFT Ventures, the companies said Monday (Feb. Enterpay enables businesses to pay without credit cards when making purchases online using invoice data, reports said. Capital Float. B2B Payments. Rippleshot.

Fintech 100

Fintech Capital Lending Data 100

PYMNTS

DECEMBER 9, 2016

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. The Asia-Pacific region scored again with Tjaara’s funding worth $1.2

Fintech 100

Fintech blockchain Capital Metro 100

PYMNTS

DECEMBER 2, 2019

This is the bank’s third loan to a Latin American FinTech in 2019 — and the biggest ever in Mexico. Launched in 2016, Mercado Crédito offers credit to clients of its parent company, as well as to customers using its online payment platform, Mercado Pago , in Brazil, Argentina and Mexico.

Lending 130

Lending America Capital Regional 130

PYMNTS

JANUARY 22, 2020

Regional financial institutes Hong Leong Bank and Maybank are also looking into the possibility of applying for a license, according to the sources. The central bank in Malaysia said last month that it was considering releasing as many as five conventional or Islamic online banking licenses.

Digital Banking 136

Digital Banking Regional Capital Study 136

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

DECEMBER 7, 2020

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online.

Fraud 159

Fraud Capital Regional Security 159

PYMNTS

JANUARY 13, 2021

The purchase is said to be in line with Sea’s aim to expand its position as a FinTech trailblazer throughout the region. Since then, PSCU has migrated from being a transaction processing service reseller to a FinTech provider helping credit unions (CUs) and their members. and PT Danadipa Artha Indonesia.

Digital Banking 141

Digital Banking ATM Capital Regional 141

PYMNTS

JULY 10, 2020

With an annual online shopping growth rate at near 30 percent and a business to consumer market worth nearly $23 billion, Mexico is a market ripe for massive online payment growth, according to J.P. That round of funding came from new investment firm Durable Capital Partners. Morgan Global Payment Trends.

Payments 153

Payments America Capital Online 153

PYMNTS

NOVEMBER 18, 2016

KPMG had some bad news for the FinTech world this week. Along with CB Insights, KPMG researchers found in their latest quarterly analysis that FinTech investment by venture capitalists declined across the globe in Q3 of this year. Their “ Pulse of Fintech “ report found $2.4 Alternative Lending. P2Bi nvestor.

Fintech 100

Fintech US Capital Community 100

PYMNTS

AUGUST 7, 2019

Volanty, an online Brazilian used car market startup, raised 70 million reais ($17.6 Monashees Capital and Canary also invested in Volanty in this round after last year providing 19 million reais ($4.8 SoftBank launched a $5 billion Latin America fund in March, the largest investment of venture capital funds the region has seen.

America 119

America Regional Fintech Capital 119

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

MARCH 26, 2020

Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. to help bailing out their SMB customers, with some regional financial institutions (FIs) already taking action. Several FinTechs in the U.S.

Payments 173

Payments Pennsylvania Kansas City Wyoming 173

PYMNTS

JULY 6, 2018

Nordea Bank, which is among the biggest firms in its region, is, in fact, shuttering 6,000 jobs, and that downsizing comes in tandem with digital initiatives. The loan limits will be 500,000 rubles, which can be used for working capital or other purposes. with an eye on expansion into other markets in Europe.

Fintech 102

Fintech Lending Technology Regional 102

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

JUNE 7, 2019

This week’s B2B Venture Capital roundup is all about data. However, the biggest funding round of the week went to a company that is not yet in the B2B FinTech space, though it has plans to use the capital to launch a cross-border, small business (SMB) money-transfer service. Catch up on the latest investment rounds below.

Data 139

Data Capital Analytics Lending 139

PYMNTS

NOVEMBER 5, 2020

Singapore FinTech platform Nium has appointed Frederick Crosby as its new chief revenue officer. “I As the world has accelerated online adoption in the face of COVID-19, any smart business knows it’s time to think global in its payment strategy if they want to grow in the upcoming years.

Fintech 130

Fintech Strategy Regional Marketing 130

PYMNTS

MARCH 26, 2018

A lack of access to capital. 80 percent of Chinese small businesses earn more than 10 percent of revenue from online sales , found CPA Australia for its Asia-Pacific Small Business Survey. Entrepreneurs in other regions of the U.K. The red tape of regulation. The burden of administrative tasks. Even more – 97.5

Survey 193

Survey Regional Capital Data 193

PYMNTS

JANUARY 26, 2017

In this week’s Tech Center tracker, we take a look at how Dubai is giving FinTech hubs around the world a run for their money. The centrally located city, which is globally recognized as a hub for European, African and Asian business, is placing its focus on boosting its status as a FinTech capital of the world.

Fintech 100

Fintech Regional Innovation Leadership 100

CB Insights

JULY 18, 2018

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. Since 2012, investments into the region have nearly tripled. GIC, Tiger Global Management, ICONIQ Capital.

Regional 50

Regional America Capital United States 50

PYMNTS

JANUARY 9, 2018

INTRUST Bank recently announced it is also taking part in the trend of collaborating with FinTechs. The FI said earlier this month it would be working with Funding Circle and providing funds to be lent to SMBs through the online platform. We urge you to make such legislation a priority.”.

Community Bank 131

Community Bank Community Fintech Lending 131

PYMNTS

FEBRUARY 18, 2020

According to the report, Credify acts as a “personal data bridge” to help connect consumer services like lending and online shopping with firms that handle credit scoring and digital authentication. South Asia is the fastest-growing market in FinTech and eCommerce, according to Credify. An average of 1.6

Regional 171

Regional Lending Fraud Maine 171

PYMNTS

OCTOBER 4, 2019

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based million investment round in commercial card startup DiviPay, reports said this week, via the bank’s venture capital unit ANZi. based Steadview Capital, adding to the previous Series A round announced in April.

Capital 128

Capital Lending California Regional 128

PYMNTS

SEPTEMBER 28, 2020

FinTechs To The Rescue? And although FinTechs have been heralded as a lifeline to help close the liquidity gap, Steinmetz said they’re not wholly the solution for SMBs. All of a sudden, you had these FinTech platforms who had banking licenses, and they became the conduit for the government to get this money out to merchants,” he said.

Fintech 291

Fintech Examples Industry Management 291

PYMNTS

APRIL 21, 2020

The coronavirus pandemic — which has forced all of us online — is exposing just who in financial services has embraced digitization, and who is truly digital native. We now must bank entirely online, by necessity. And many of us must transact entirely online, by necessity, to get the goods and services we need on a daily basis.

Branding 232

Branding Innovation Regional Fintech 232