PYMNTS
JULY 21, 2020
A panel established to grow the United Kingdom’s (UK) financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government announced Tuesday (July 21). billion) in venture capital and the market has been estimated to have grown by nearly 70 percent since 2015.
PYMNTS
AUGUST 11, 2020
Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. Other investors included Menlo Park, California-based TCV and Index Ventures , the global venture capital firm with dual headquarters in San Francisco and London, along with half a dozen others. million (£106.5
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PYMNTS
JANUARY 4, 2017
Canadian financial technology companies backed by venture capitalists reached a level not seen in nearly two decades, despite a slowdown of investment dollars flowing into FinTechs in the U.S. Citing data from PitchBook, Reuters reported venture capital financing of Canadian FinTechs was $137.7 million in 2016. and the U.K.
Chris Skinner
FEBRUARY 8, 2017
Innovate Finance, which represents 300 UK fintech companies, says venture capital investment fell from $1.2bn (£970m) in 2015, to $783m last year. Around 35 Innovate Finance members have reported a withdrawal or reduction in capital funding since the referendum, says Mr Wintermeyer.
PYMNTS
JANUARY 15, 2019
. “We are one of a few players in the world focusing on that space,” said AccessPay CEO Anish Kapoor, adding that the company addresses the friction associated with back-end corporate financial technologies operating in siloes. ” Beringea, based in both the U.K. and U.S., In 2017, it co-led a $15.2
Fintech Labs Insights
AUGUST 30, 2016
Aspire was created in 2015 with a vision of re-imagining the technology infrastructure in the alternative and asset-backed lending markets. His experience includes senior management roles at AT&T Capital, Associates Fleet Services, and GE Capital. Register today. Aspire will demo the Aspire Gateway platform.
PYMNTS
OCTOBER 16, 2018
OnDeck Capital has created a unit that will provide technology and services for banks lending to small businesses over the internet. OnDeck, which inked a partnership with JPMorgan Chase at the end of 2015, has named Brian Geary, vice president of OnDeck’s partnership unit, president of ODX.
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