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Queen City FinTech Opens Applications for 2017 Accelerator Program

Let's Talk Payments

Charlotte, NC – Queen City Fintech begins accepting applications for its 2017 accelerator program Monday from October 3, 2016. Hundreds of financial technology, or FinTech, startups are expected to apply.

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FinTechs Raised A Record $39.57B In VC Funding Last Year

PYMNTS

Financial technology startups were able to raise $39.57 billion in venture funding last year, marking a 120 percent increase from 2017. The number of deals is also up from the 1,480 in 2017. FinTechs brought in $11.89 There were 659 investment deals with FinTechs in 2018. In the U.S. billion, also a record.

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Edward Jones Partners With SixThirty to Support Financial Technology Startups

Let's Talk Payments

LOUIS, MO – April 18, 2017Financial services firm Edward Jones today announced a multi-year partnership with SixThirty, a St. Louis-based venture fund that invests in financial technology (FinTech).

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AI, Big Data, Digitisation, Blockchain: The fintech that will dominate 2018

Bobsguide

Global technology consultancy DataArt expects to see a handful of financial technology (fintech) trends that emerged in 2017 to strengthen significantly in 2018. In particular, the growth of Artificial Intelligence (AI) in the industry will be exponential for three main reasons; hugely increased.

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FinTech Firms On The New FinTech Charter

PYMNTS

Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo , which describes itself as a “cloud-based utility” that enables payment system interoperability. FinTech Improvements.

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The Financial Technologies SMEs Aren’t Using

PYMNTS

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. Only 13 percent say they’re willing to jump on the innovation bandwagon. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey.

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Citi Venture Investing Head: ‘Financial Services is Becoming More Like Tech’

Bank Innovation

Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor. This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac.

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