article thumbnail

FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. Alacriti, a FinTech that was started in 2003, works with banks and other customers on making the migration to digital payments.

article thumbnail

AI Gets $435M Fundraising Boost From Emergence Capital

PYMNTS

Emergence Capital has raised a $435 million fund to invest in companies that use artificial intelligence (AI) to help people increase their work productivity. Founded in 2003, San Francisco-based Emergence’s early thematic investments were in SaaS and industry-focused Cloud companies, as well as in technology for field and remote workers.

Capital 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FinTech Payment Firm Nuvei Files IPO In Canada

PYMNTS

The Montreal-based payment technology company was valued at $2 billion at the close of 2019. and RBC Capital Markets. Last month, Bloomberg News reported if Nuvei’s application to go public gets the green light from regulators, it could be the largest Canadian technology IPO of 2020. Nuvei Corp.

Payments 229
article thumbnail

BigCommerce Increases IPO Pricing Window To $21-$23 Per Share

PYMNTS

Online shopping technology provider BigCommerce Holdings is increasing its potential pricing and appended insider selling as it plans to go public, according to reports. BigCommerce Holdings, which was started in 2003 and is based in Austin, Texas, registered $120 million in revenue for the 12-month period that concluded on March 31.

Austin 164
article thumbnail

eBay Snags Former Amazon Alexa Executive

PYMNTS

In addition, eBay appointed Mazen Rawashdeh senior vice president and chief technology officer, the company announced in a press release. Thompson has more than 20 years of experience building new products and services across a range of industries and technologies.

San Jose 128
article thumbnail

Grab Reportedly Considered Acquiring 2C2P Pte

PYMNTS

The Singapore-based payments startup opted to raise more capital to grow independently as a company instead. Aung Kyaw Moe, who is a computer programmer and was born in Myanmar, started the company in 2003 in Bangkok. The company also debuted a platform for financial technology last year. The news comes as Grab raised over $4.5

Report 100
article thumbnail

Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)