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Fintech M&A: More Deals, Less Value

Bank Innovation

Over the past two years, the transaction volume in the financial technology and information technology sectors remained relatively flat. According to the investment bank Berkery Noyes, there were 870 financial technology and information industry M&A transactions from the beginning of 2015 through to the end of 2016.

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FIS acquires Payrix in embedded finance play

BankInovation

Atlanta-based Payrix, founded in 2015, enables SaaS-based platforms to embed payments and financial technology into their offerings. Core provider FIS announced Monday that it has acquired fintech Payrix in a move that will allow FIS to embed payment capabilities within software-as-a-service (SaaS) platforms.

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Today In Digital-First Banking: German Neobank N26 Eyes IPO With New CFO; Goalsetter Lands $3.9 Million Seed Investment  

PYMNTS

Jan Kemper on board as its new CFO as the Germany-based financial technology firm eyes a future possible IPO. N26, which is backed by Li Ka-Shing and Peter Thiel, rolled out its first offerings in 2015 and is one of the most valuable non-listed FinTechs in Europe. Goalsetter, the financial technology upstart, has landed $3.9

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Independent Panel To Review UK’s FinTech Sector 

PYMNTS

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.

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FinTech Revolut’s Losses Triple As Customer Base Grows

PYMNTS

Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad. The company posted a total loss of $139.6 million (£106.5

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Understanding the FinTech Effect

Let's Talk Payments

Investments in financial technology have grown exponentially in the past decade – rising from $1.8 billion in 2010 to $19 billion in 2015. The global investments in financial technology ventures.

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FinovateFall Sneak Peek: Aspire Financial Technologies

Fintech Labs Insights

Aspire was created in 2015 with a vision of re-imagining the technology infrastructure in the alternative and asset-backed lending markets. The post FinovateFall Sneak Peek: Aspire Financial Technologies appeared first on Finovate. Register today. Aspire will demo the Aspire Gateway platform.