PYMNTS

JUNE 10, 2019

Its new FinTech team could ultimately have more than 100 workers. Uber is taking advantage of New York’s talent pool in the financial department, which has more depth in the San Francisco sector. Uber has about 93 million active users around the world, and the majority use Uber Cash or a credit card to pay for rides or food.

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SEPTEMBER 17, 2020

Affirm , a San Francisco-based point-of-sale (POS), buy now, pay later (BNPL) lender, announced a $500 million series G round of funding Thursday (Sept. The privately-held FinTech was founded in 2012 as an installment loan provider for shoppers to finance a purchase. Affirm said in the release that it provides more than 5.6

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NOVEMBER 20, 2020

Today in B2B payments, Wells Fargo rolls out its virtual card services for B2B payments, while PayPal Ventures makes a B2B payments investment. 19) announced in a press release that it is adding a new solution to its WellsOne Virtual Commercial Card , enabling business customers to digitally pay invoices to suppliers and others.

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PYMNTS

MAY 6, 2019

Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per one count. NorthOne , a FinTech firm that focuses on small business owners, is one of the companies that call the city home. that let them deposit cash and checks.

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DECEMBER 12, 2019

San Francisco FinTech Brex announced a $200 million debt capital raise from Credit Suisse that will be used to expand its eCommerce business and credit offerings to new companies, Brex announced in a press release on Thursday (Dec. This new financing will help Brex grow its eCommerce business, which launched in February.

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MARCH 19, 2020

The Federal Deposit Insurance Corporation ( FDIC ) gave the green light to an application from the FinTech firm Square to create a de novo industrial bank in Utah, the agency said on Wednesday (March 18). The Utah Department of Financial Institutions still has to issues approvals to the San Francisco-based FinTech.

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SEPTEMBER 13, 2017

The company is calling it the “FinTech Roadshow.”. Emailage sees the FinTech industry as a critical sector for partnerships and growth. The startup is not in the business of tracking down fraudsters who may be using stolen or synthetic IDs to open new credit card accounts. First, on Oct. 11 through Oct. 23 through Oct.

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PYMNTS

JUNE 18, 2019

Movement to foster collaboration between FinTech firms and traditional financial firms continues to gather steam across the globe, aided by government encouragement and initiatives. FinTech Alliance debuted this week, with a roster that tops 500 members. In one recent example, the U.K. In an example of U.K.

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CB Insights

DECEMBER 9, 2020

San Francisco-based Affirm , an installment financing platform for online commerce run by PayPal co-founder Max Levchin , filed its S-1 in preparation for going public in November. Affirm wants to disrupt the credit card business, a notoriously opaque realm of consumer finance. Where Top US Banks Are Betting On Fintech.

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Bank Innovation

MARCH 28, 2018

EXCLUSIVE— San Francisco-based startup Denizen wants to create a new way of banking, by providing users with a “borderless” bank account that doesn’t come with all of the hassle and pain points of international finance, co-founder and CEO Joaquin Ayuso de Paul told Bank Innovation.

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American Banker

MARCH 12, 2020

The addition of Maria Renz shows how much emphasis the San Francisco fintech is putting on operations and customer experience.

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Fintech Labs Insights

MAY 2, 2023

Below is our curated list of top fintech, banktech, payment tech, investech global conferences for 2023. These the biggest and best events in the financial services space geared towards technologists, product managers, developers, marketers and C-Suite execs at both financial institutions and rival fintech firms. 100+ speakers.

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PYMNTS

OCTOBER 16, 2017

Many are unable to accept credit cards, and many cannot afford the mainstream point of sale (POS) terminals and solutions — which can also take a very long time to procure. That’s why South African FinTech company Yoco has made it its mission to improve things for African businesses, large and small.

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PYMNTS

DECEMBER 4, 2020

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. and EEA consumer cards and a 2.8 percent fee for all other cards. and EEA card payment acceptance at no additional charge, the company said on Friday (Dec.

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PYMNTS

JANUARY 24, 2020

Venture capital (VC) is not easily available to every startup, but this week, VC investors hinted at a big year ahead for the B2B FinTech space. In a rarity for B2B FinTech funding, B2B payments startup Flutterwave announced a $35 million fundraise, turning the spotlight to Nigeria’s FinTech community. Flutterwave.

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PYMNTS

JULY 28, 2020

FinTech Revolut is working with Decision Tech , a price-comparison technology company, to launch a new service to help users compare — and switch — providers of gas, electricity, broadband, mobile and TV. For one, the digital bank startup said it had landed $80 million in venture funding from San Francisco-based TSG Consumer Partners.

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PYMNTS

APRIL 13, 2020

Square Capital announced Monday (April 13) it’s the latest FinTech to participate in the federal Paycheck Protection Program (PPP). Small Business Administration loans and will collaborate with Celtic Bank of Salt Lake City to launch its program this week.

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PYMNTS

OCTOBER 16, 2020

“We’ve seen some incredible companies building incredible scale, but when you look at the … underwriting value that’s in … their products today and you compare that to the amount of underwriting value in credit cards, which is sort of tied to this kind of legacy payment instrument, there's a lot of market share to take there,” Allaire said.

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Report San Francisco Payments Digital Banking 176

PYMNTS

JUNE 17, 2020

The cash will be used to fuel the growth of Upgrade Card, the company’s credit card and the launch of Upgrade Account, a mobile banking product. Since its launch in 2017, Upgrade said more than 10 million consumers have applied for an Upgrade card or loan. Mobile bank Upgrade Inc. Its previous investments in U.S.-based

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Bank Innovation

JUNE 28, 2018

For the task, San Francisco-based Bento raised $9 million in a new round of funding today. Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad.

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Payments Source

JULY 31, 2018

based fintech Novae to launch an omnichannel digital rewards platform for Visa card-issuing banks in Latin America and the Caribbean. The collaboration with San Francisco-based Novae is an example of the card network's open approach to fintech. Visa has partnered with U.S.-based

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PYMNTS

JANUARY 18, 2021

FinTech startup Plaid is looking at doubling its size in Europe, Bloomberg reported. The focus for the San Francisco-based company is now on broadening its global reach after an acquisition for $5.3 billion by Visa didn’t go through, the report stated.

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PYMNTS

MARCH 3, 2020

After a two-year run on the job, Bindra decided to move back to San Francisco, although he will continue as an advisor for the company and support “strategic initiatives,” the company said Tuesday (March 3). Rau comes into the fold boasting more than two decades of experience in FinTech. He held that job from 2016 through 2019.

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PYMNTS

DECEMBER 8, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company to debut on the stock market. Capital One Halts BNPL Transactions On Its Credit Cards. Synctera Brings 'FinTech As A Service' To Community Banks. The company, which was valued at $4.8

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PYMNTS

JANUARY 21, 2020

Silicon Valley and African FinTech startup Flutterwave closed a $35 million fundraising round and announced partnerships with WorldPay and Visa as it plans expansion on the continent, according to reports on Tuesday (Jan. The Visa partnership means Flutterwave can issue physical and virtual cards and process payments using the network.

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PYMNTS

JUNE 10, 2020

Uber reportedly will partner with FinTech Flutterwave to offer Uber Cash, a digital wallet feature, in Africa. Flutterwave, based in San Francisco and Nigeria, has been on a roll since it pulled in $35 million last year in venture funding, including from Worldpay.

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PYMNTS

JULY 30, 2020

The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology platforms to connect bank accounts and initiate automated clearing house (ACH) transfers. Last month, Galileo launched what it called a faster and less expensive way to create debit cards.

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PYMNTS

JUNE 13, 2019

shores, debuting with what is being termed a “limited rollout” of an app linked to a checking account and debit card. The company said it will be signing up consumers for its cards through the next few weeks at events slated to be held in cities including Los Angeles, New York and San Francisco. In the U.K., In the U.S.

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PYMNTS

OCTOBER 8, 2020

Revolut is rolling out a new tool called Goals for its Junior savings card and app that encourages youth to stash away money. The FinTech’s recent expansion efforts include the U.S. It employs more than 2,000 people globally, including in New York and San Francisco. in March and Japan in September.

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San Francisco New York Tools Cards 189

PYMNTS

OCTOBER 16, 2020

We have deep dives on connected devices, instant payments and what the digital shift means for customer expectations of card issuers. Mastercard: Why It’s Time For Card Issuers To Up Their Digital Game. Consumers’ digital shift means that customer expectations for their card issuers are higher than in the past. banking license.

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PYMNTS

AUGUST 15, 2019

It has already signed consumers up for its cards in cities including Los Angeles, New York and San Francisco and there is currently a waiting list. FinTechs looking to fly the nest, one major contrast will be the complexity of federal- and state-level laws, compared to the U.K.’s In the U.S.

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PYMNTS

APRIL 30, 2020

The FinTech company, based in both San Francisco and Nigeria, secured the venture capital (VC) investment from Worldpay , which has also struck a strategic partnership with the firm. At the time, Flutterwave said it would use the funding to further build out its technology and continue expanding throughout Africa.

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PYMNTS

NOVEMBER 4, 2020

The San Francisco-based loan marketplace operator also said it’s well-positioned to navigate the current environment and complete the acquisition next year of Radius Bancorp , which LendingClub management called its “top strategic priority.”. Sanborn said the deal “will be a win for our members, loan investors and shareholders.

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PYMNTS

DECEMBER 19, 2018

San Francisco-based FinTech company Square, known for its white card readers, has once again decided to become a banking establishment, according to a report in The Wall Street Journal. The company had previously asked to start a bank in September of 2017, but eventually withdrew from the process over procedural issues.

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PYMNTS

SEPTEMBER 23, 2020

The San Francisco-based digital mortgage and loan platform on Wednesday (Sept. 23) announced its expansion into consumer banking to include personal loans and credit cards. based early growth, FinTech-focused venture capital firm. Blend , the home loan tech startup, isn’t done growing.

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PYMNTS

APRIL 23, 2020

The rise of FinTech, the increasing globalization of finance — and even ravages of the coronavirus, which is making us all bank and transact across phones — all have pointed to one simple, urgent question: Just what is a bank, anyway? We wouldn’t go so far as to say an existential crisis is in the works. Looking For The Continuum.

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PYMNTS

JUNE 10, 2020

Less than two years after Uber Eats leased kitchens in Paris to restaurateurs so they can prepare food for its online ordering and delivery platform, the San Francisco-based company has called it quits. Pandemic Leveling Playing Field Between Banks And FinTechs? Uber Eats Gets Out Of The Ghost Kitchen.

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