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PayPal Boosts Investment In Tink Open Banking Platform

PYMNTS

PayPal’s first investment in Tink , which enables FinTechs to access customers’ financial data, was in June 2019 and totaled $11.2 Tink is one of the FinTechs that is taking advantage of the Payments Services Directive 2, or PSD2 , which enables consumers to authorize third parties to access their banking data and make payments for them.

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Mollie Is Latest Tech Startup To Attain Unicorn Status

PYMNTS

Dutch FinTech Mollie has just closed on $100 million in new financing, as the startup looks to expand internationally and pump additional money into product development and engineering. Founded in 2004 by Mol, an engineer, while he was living in his parents’ house, the company expects to process more than $11.7

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FinTech Startups Take Advantage Of Talent Pool In Dublin

PYMNTS

Trezeo , a FinTech startup that seeks to smooth out income for self-employed workers, is one of the innovators that call Dublin home. Charlon said that Dublin is an attractive place to FinTech firms for several reasons. For one, the country is in the European Union (EU), so there is easy access to the European market.

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Shanghai Stock Exchange Holds Up Ant Group IPO Following Regulators' Questioning

PYMNTS

Last month at the Bund Summit in Shanghai, Ma gave a speech that admonished Chinese regulators for interfering too much with FinTech and banking. Ant was founded in 2004 as Alibaba's payments processor. Also summoned were Ant Group Chairman Eric Jing and Chief Executive Simon Hu. The IPO is expected to raise $34.4 billion in 2019. .

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Is Shopify a Fintech player now?

Lars Markull

You have probably read somewhere that Shopify is now becoming a FinTech company due to the launch of a couple of new products. A few years ago it was quite easy to identity Fintech players but the lines are getting blurry. Affirm is another big player in the “pay later” market and seems like a logical choice for Shopify.

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CFOs Shift Away From The Stereotype

PYMNTS

Canada’s financial services market is counting itself among the ranks of the transformative ones of the world. The nation is embracing faster payments and FinTech innovation, while the market is being shaped by everything from the payments Modernization initiative of Payments Canada to the legalization of marijuana.

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5 Lessons Using Bank Customer Lifetime Value Data

South State Correspondent

We have discussed the importance of the CLV metric HERE , or bankers can look up our favorite academic paper on the topic “ Counting Your Customers Research Paper 2004 ” by Fader, Hardie, and Lee at Wharton. Lesson 1: Better Optimize Your Marketing Dollars For Cumulative Lifetime Value. Yet, it happens every day.

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