PYMNTS

FEBRUARY 26, 2020

The London-based FinTech B-Social raised £7.8 The only investor revealed was Rudy Karsan from Karlani Capital; the others are undisclosed. Founded in 2016, B-Social is a social payments app “where friends and money meet.” This new round of funding brings the startup’s total raised to £13.25 banking license.

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PYMNTS

FEBRUARY 20, 2020

It’s an area of business spend friction that is driving a newfound resurgence in commercial card innovation that the card industry hasn’t seen in decades, with FinTech firms stepping in to take advantage of card transaction data. ” The Biggest Culprits Of Waste. Nixing The Personal Guarantee.

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PYMNTS

JANUARY 29, 2019

The $105 million round included Comcast Ventures, NBCUniversal, Bain Capital Ventures, BlackRock, TPG’s Rise Fund, DST and Michael Dell’s MSD Capital. Investing and savings startup Acorns has announced a Series E funding round to bring its valuation to $860 million. Acorns’ products have attracted 4.5 million users.

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Bank Innovation

FEBRUARY 24, 2016

After a difficult deliberation, 10 early-stage fintech companies were selected by a team of judges to compete in this year’s DEMOvation Challenge, to take place in Seattle on March 1. Many applied, few were chosen.

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PYMNTS

DECEMBER 11, 2018

Data is everywhere, and amid headlines trumpeting collaboration between FinTech and traditional FIs, there are indeed some possible stumbling blocks about who has access to what when it comes to consumers. s High Street banks have been banding together to oppose FinTech efforts in India to collect customer data. billion valuation.

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CB Insights

MAY 27, 2020

Fintech saw its worst quarter in 2 years in Q1’20, as investors pulled back from deals amid the coronavirus pandemic. The quarter saw fintech activity fall to $6.1B across 404 deals, marking the worst Q1 since 2016 for fintech deals and the worst Q1 for funding since 2017. REGISTER NOW: FINTECH WEBINAR. First name.

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Bank Innovation

AUGUST 24, 2016

Y Combinator President Sam Altman knows fintech — he helped Green Dot build GoBank, after all. So when only two fintech startups made it to the stage yesterday at Day 1 of its Summer Demo Day(s) 2016, we took notice. But today 10 of the 48 demoing companies are fintech-focused, Read More.

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PYMNTS

MAY 16, 2018

PayPal is partnering with Alpha JWC , the Indonesian venture capital firm, to invest in FinTech companies operating out of Southeast Asia. The program is aiming to provide funding for several startup FinTech companies in Singapore, Vietnam, the Philippines and Thailand. Why have them when you can have a QR code or NCR tablet?”

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PYMNTS

JANUARY 27, 2017

is no longer the world’s largest market for FinTech investment, according to the latest report from Citigroup, released this week. Analysts found that, in the first nine months of 2016, China held the top spot for FinTech investment, with funding raised for that period doubling compared to the same period in 2015.

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PYMNTS

JANUARY 29, 2020

Florida FinTech Fidelity National Information Services (FIS) is partnering with London FinTech Liberis , to offer small to medium-sized businesses (SMBs) an alternative funding source, FIS announced in a press release Wednesday (Jan. Worldpay and Liberis partnered in 2016 to launch Worldpay Business Finance in the U.K.

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PYMNTS

DECEMBER 9, 2016

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. and the U.S. round out the rest of the investment activity.

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Bank Innovation

MARCH 24, 2016

Y Combinator’s Winter 2016 Demo Days just wrapped up, with 159 startups taking the stage and making their play for funding. Just under 10% of the companies — 15 to be exact — were fintech-related. This is about average for a YC incubator class, with the 26% from Summer 2015 being an Read More.

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Bank Innovation

FEBRUARY 23, 2016

We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More. When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does.

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PYMNTS

JANUARY 21, 2020

Silicon Valley and African FinTech startup Flutterwave closed a $35 million fundraising round and announced partnerships with WorldPay and Visa as it plans expansion on the continent, according to reports on Tuesday (Jan. The Visa partnership means Flutterwave can issue physical and virtual cards and process payments using the network.

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PYMNTS

MAY 4, 2020

Robinhood Markets, coming off a new $280 million funding round backed by Sequoia Capital, has seen its value and services expand during the coronavirus pandemic, according to a Reuters report. FinTech startups like Robinhood have been popular lately, attracting numerous new backers. The company, launched in 2013, is now valued at $8.3

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BankBazaar

JULY 31, 2023

Blast from the Past: The Birth of BankBazaar Back in 2008, the fintech revolution in India was truly revolutionised with the founding of BankBazaar by Adhil Shetty, Arjun Shetty, and Rati Shetty in the vibrant city of Chennai. With BankBazaar, finding the right Credit Card was too easy for me.

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Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

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PYMNTS

APRIL 30, 2020

as well as Breyer Capital, Goodwater Capital, Greenspring Associates, Union Square Ventures, and more, according to a press release. Moriarty said the company prided itself on having made nine acquisitions since 2016 that had put the company in a good place to expand into the asset side of banking. Rowe Price Associates, Inc.

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PYMNTS

FEBRUARY 11, 2019

Lunar Way , the Nordic banking app, has raised €13 million in venture funding led by SEED Capital. According to a report , Greyhound Capital, Social Capital and individual investors also participated in the round of funding. You can pay bills, transfer money, set a budget, do saving goals, manage your card, etc.

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PYMNTS

JANUARY 2, 2020

The Hong Kong-listed Razer created a consortium to form Razer Youth Bank with Singapore startups and Asian billionaires, including local supermarket operator Sheng Siong Holdings and early-stage tech venture capital firm Insignia Ventures Partners. 2) for a wholesale license, which has a capital commitment of $100 million.

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PYMNTS

MARCH 24, 2017

Their integration comes at a time when the world of FinTech is pleading for B2B payments to ditch paper (that includes checks) and get on board with, at the very least, cards and ACH. In fact, he said, many FinTech innovators often push for solutions in B2B payments that might ignore the paper check altogether.

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PYMNTS

JANUARY 17, 2020

But then again, only two weeks into 2020, mergers and deal-making in payments, specifically within digital payments and FinTech, are sizzling. The biggest one, so far, of course, has been Visa inking a deal to purchase FinTech firm Plaid for $5.3 Credit Card Spend: Bank results show continued spending on credit cards.

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PYMNTS

APRIL 30, 2018

LendingClub makes unsecured personal loans to consumers, mostly to consolidate and pay off credit card debt and more recently to refinance auto loans. Launched in October of 2016 , Marcus is Goldman’s $2 billion annual hedge on threats to its core commercial banking and trading businesses. Take Goldman Sachs and Marcus.

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PYMNTS

JUNE 22, 2018

Alternative finance apparently won’t stop catching the attention of investors — at least, not any time soon, if this week’s B2B venture capital roundup is any sign. Drip Capital. million in funding from Dunedin, according to the Telegraph , making its investment round one of the largest for the FinTech market this year.

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PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Digital Banking.

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Accenture

FEBRUARY 28, 2017

Contactless card transactions in the UK will rise to between 6bn – 9bn txns in 2017, and 20bn – 30bn txns across Europe (compared to my forecasts a year ago of 3bn txns for UK and 9bn txns for Europe for 2016). Faster Payments will process 1.65bn txns, 15% higher than 2016 (1.4bn txns). External/Open APIs.

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Accenture

FEBRUARY 28, 2017

Contactless card transactions in the UK will rise to between 6bn – 9bn txns in 2017, and 20bn – 30bn txns across Europe (compared to my forecasts a year ago of 3bn txns for UK and 9bn txns for Europe for 2016). Faster Payments will process 1.65bn txns, 15% higher than 2016 (1.4bn txns). External/Open APIs.

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Lars Markull

MAY 30, 2020

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. And now coming to the most crucial Fintech announcement by Shopify: Shopify announced their own bank account.

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PYMNTS

DECEMBER 30, 2019

Japanese business to business (B2B) payments firm JCB is partnering with Singapore blockchain technology provider Keychain to capitalize on using blockchain in the payments space, JCB announced in a press release. The company introduced Japan’s first credit card that was compatible with the ISO standard, according to its website. .

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PYMNTS

JANUARY 27, 2021

But keeping track of it all can be a challenge — especially knowing what card is being charged, by whom, and when. Knowing which card pays which subscription, let alone canceling them, can be a pain point. Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app.

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CB Insights

AUGUST 3, 2017

Latin America’s fintech scene is gaining momentum, with 80+ fintech deals closing for around $300M in 2016, and over 100 deals already closed in 2017. Track the LatAm fintech companies in this brief and many more on our platform. Track LatAm fintech companies. LatAm Fintech. 630+ items. Real Estate.

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PYMNTS

JULY 12, 2018

The latest round of fundraising, combined with a Series A and B round, gives the company a total amount of $80 million capital raised to date. Paidy, which started Japan’s first instant post-pay credit service for eCommerce consumers in October of 2014, requires no pre-registration or credit card to use.

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Capital Mobile Fintech Cards 100

Bank Innovation

SEPTEMBER 10, 2016

On the second day of FinovateFall 2016, fintechs continued to wow attendees with bright, dazzling new finovations. Attendees from banks, credit unions, and other fintech companies saw 31 demos of technology that has applications across the financial sphere, from financial data analysis to mobile payments to trading.

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blockchain Analysis Fintech Mobile 150

PYMNTS

AUGUST 7, 2019

Moka was founded in 2014 and was one of the first FinTechs in Indonesia. It’s raised about $40 million from investors like Sequoia Capital. Moka POS systems also accept cashless card payments from companies like Kredivo and Akulaku. . Moka has terminals peppered all over the country. .

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CB Insights

JULY 11, 2019

Today, there are over 20 fintech startups that have crossed the 1 million customer account mark, according to CB Insights data — including Acorns , Robinhood , SoFi , Coinbase , and Credit Karma , among others. oVER 20 Fintech startups with 1m+ customer accounts. fintech startups are Changing the consumer experience.

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PYMNTS

JANUARY 13, 2017

CSI Kick Start, a FinTech incubator operated by corporate payments company CSI globalVCard, said it has officially kicked off its second year of searching out B2B payments innovators. We genuinely care about their long-term success, which is what really sets our investment model apart from most other venture capital funding models.”.

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Let's Talk Payments

APRIL 6, 2016

The LTP team has been actively following the investment activities in FinTech around the world for the last three months (January, February & March) and it’s time to sum up.

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