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FinTech N26 Mulls New Funding Round

PYMNTS

billion, Berlin-based FinTech N26 is exploring seeking additional investments in calendar 2021, Bloomberg reported Monday (Oct. FinTech companies are expected to benefit over the long term from customers’ shift to online banking due to COVID-19. Venture capital investment in Europe’s FinTech industry has surpassed $35.4

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FinTech LendingClub Buys Radius Bank For $185M

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FinTech LendingClub is purchasing Radius Bancorp for $185 million in cash and stock, according to a report by CNBC. The bank is one of a few smaller lenders that has teamed up with FinTechs who need services only an FDIC-regulated institution can provide. This is the first time a FinTech has purchased an actual bank.

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German FinTech N26 Eyes IPO With Hiring Of New CFO

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German neobank N26 hired Dr. Jan Kemper as its new chief financial officer (CFO) as the Berlin-headquartered FinTech looks toward a future initial public offering (IPO). In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Its most recent valuation was $3.5

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. Fintech enthusiasts should also keep a close watch on Apple’s newly unveiled BNPL system, Apple Pay Later. According to Kristen E.

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Visa Leads Latest Funding For FinTech Startup Nium 

PYMNTS

FinTech payments startup Nium , based in Singapore, is getting a new round of funding led by new investors Visa and BRI Ventures. Nium, formerly known as InstaReM, has closed four funding rounds totaling $59 million since it was founded in 2014. The size of this latest round was not disclosed.

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Startup Expend Intros SME FinTech Marketplace

PYMNTS

London-based expense management startup Expend is introducing a FinTech marketplace to support small to-medium-sized enterprises (SMEs), the company announced on Tuesday (Jan. Partners in the new marketplace include FreeAgent, Esme Loans, Market Finance, Iwoca, Tanda, VAT IT, Capitalise and Commuter Club. billion by 2025. .

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FinTech Veteran Dan Henry Tapped To Lead Green Dot

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Branchless bank and FinTech Green Dot has reported that Dan Henry will step in as its new president and CEO, and will also join the board of directors. Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. billion all-cash sale to TSYS. “I

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