PYMNTS

OCTOBER 14, 2020

The way it works, since the company began testing it in the city of Kahramanmaras in 2018, is that users can send a text message and refill their cards via mobile phone. The method is soon to be rolled out in Ankara, Turkey's capital, and other cities as well, FT reported. That was inconvenient for those who lacked bank accounts.

Fintech 175

Fintech Analytics Payments Mobile 175

PYMNTS

SEPTEMBER 18, 2019

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Digital Demand.

Fintech 211

Fintech Mobile Analysis Technology 211

PYMNTS

JANUARY 14, 2020

Visa, management said on the call, will capitalize on what was termed a FinTech-driven evolution that is currently shaping financial services, as well as growing Visa’s core payments business. That activity comes against a larger backdrop where FinTech is gaining ground. The company also operates in Canada and the U.K.,

Fintech 157

Fintech Data Payments Capital 157

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. In addition, we saw more and more B2B FinTech models proving out at the banks, coupled with larger and later-stage investments as the FinTech world scales up.”. For markets like the U.K.,

Fintech 118

Fintech Capital blockchain Lending 118

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2 customer impact.

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

MARCH 13, 2019

Tencent also operates WeChat, the wildly popular messaging app. At the time Naspers said proceeds would go toward growth opportunities in global classified, online food delivery and FinTech. The FinTech market is attractive to investors because the financial industry has long been in need of disruptions. percent from 33.2

Fintech 123

Fintech Capital Online Financial Technology 123

PYMNTS

JUNE 22, 2017

In venture capital news, London startup TrueLayer has raised $3 million in Series A funding so that it can enable FinTech companies to access bank APIs. but there are plans to expand into other EU countries later in 2018. It is available in the U.K., And full PSD2 support is next on the road map.

Company 155

Company Fintech Groups Capital 155

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. What some financial institutions have come to realize is that collaborating with FinTechs can enable them to offer cutting-edge solutions while reserving resources to invest in meeting those advisory needs.

Fintech 177

Fintech Customer Experience Tools Technology 177

PYMNTS

NOVEMBER 4, 2019

Ebury operates in 19 countries and will expand in Latin America and Asia with Santander’s investment. The bank expects a return on invested capital higher than 25 percent in 2024. Ebury was the first FinTech to go live in 2018 with SWIFT’s global payments innovation.

Fintech 102

Fintech Capital America Payments 102

PYMNTS

MARCH 26, 2019

In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. But there is evidence that investors’ appetite for alternative lending startups is on the wane, even as overall FinTech funding continues to climb — and as the success of the alternative lending market grows, too.

Lending 190

Lending Capital Fintech Security 190

CB Insights

FEBRUARY 27, 2019

In 2018, 14 European startups reached unicorn status, led by Roivant Sciences with its $7B valuation. The companies on our list operate across industries including healthcare, cybersecurity, transportation, and more. Using CB Insights data, we identified all the Europe-based startups that have reached a $1B+ valuation in 2018.

Company 76

Company Capital Groups Operations 76

CB Insights

APRIL 2, 2019

At the beginning of 2018, there were 25 VC-backed fintech unicorns around the world, worth a cumulative total of almost $76B. And when Dutch payments startup Adyen went public in June 2018, its IPO was a huge success: its stock surged 90% in its first day of trading, ending the day with a $15.8B

Fintech 73

Fintech Company Trends Operations 73

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Today, 22 of those companies have become unicorns, 17 have exited, and none have shuttered operations. GET THE 102-PAGE q4 2019 FINTECH TRENDS REPORT.

Fintech 80

Fintech US Lending Cards 80

Bank Innovation

APRIL 13, 2018

The bank, which was officially launched in 2015, currently has a German banking license, allowing it to operate in other […]. Berlin-based challenger bank N26 will be opening its services to users in the United States and the United Kingdom by the end of this year, founder and chief executive officer Valentin Stalf told Reuters today.

United States 210

United States Operations Capital Online 210

Bank Innovation

MARCH 1, 2019

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.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

SEPTEMBER 1, 2017

Don’t let the lack of news about mega-grossing venture capital (VC) rounds fool you. This week’s B2B venture capital activity led to an impressive $141.2 and Asia, and PYMNTS lined up all the B2B FinTechs that recently scored fresh funding. VC activity was especially high across the U.S. TravelBank.

Fintech 135

Fintech Capital Groups Analytics 135

PYMNTS

AUGUST 21, 2018

Increasingly, digital strategy is in the purview of banks and non-bank lenders, who in turn are seeking pairings with FinTechs. The insurance FinTech, said the site, will seek to offer insurance contracts that are binding in real time, whereas traditionally insurance companies have finished the process. The FinTech is Finserve Africa.

Fintech 101

Fintech Lending Groups Digital Strategies 101

PYMNTS

JULY 8, 2020

Based in Hangzhou, China, the company operates Alipay, an online payment service that debuted in 2004 and has evolved into the world’s largest payment and lifestyle platform, the company said. The Chinese financial services company was valued at $150 billion in a 2018 fundraising round.

Groups 175

Groups Report Capital Regulation 175

PYMNTS

FEBRUARY 26, 2020

FinTech upstart JUMO has notched $55 million in equity and debt funding. The company already operates in Pakistan and plans to roll out in India later this year. The funding occurred in a climate of strong interest in the potential of FinTech upstarts in Africa.

National 132

National Fintech Lending Operations 132

PYMNTS

JULY 10, 2018

Coming up on the half mark in 2018, total fundraising on the continent has hit $168.6 The two biggest players in the FinTech startup have been Cellulant — a digital payments operation currently up and online in 11 African countries — and the online micro-lending startup Branch. So why the boom? Cellulant raised $47.5

Lending 100

Lending ATM Online Course 100

PYMNTS

JULY 4, 2016

But across the Pond – regardless of the initial claims last week that Britain had occasioned its own Independence Day via the Brexit vote — for FinTech, freedom is just another word for lots and lots left to lose. FinTech is nascent enough that the U.K. Perhaps just as precious as capital is talent. and the rest of Europe.

Fintech 101

Fintech United States Capital Regional 101

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Capital 131

Capital Groups Apple Operations 131

PYMNTS

JULY 28, 2019

The Brazil-based FinTech Nubank raised $400 million in a Series F round of funding led by TCV , making it the first major Latin American investment by the Menlo Park, California fund. . Previous contributors also participated in the funding round, including Tencent, DST Global, Sequoia Capital, Dragoneer, Ribbit Capital and Thrive Capital.

America 134

America Capital California Fintech 134

PYMNTS

OCTOBER 10, 2019

FinTech Paysend is launching a new service for corporates to access integrated banking and payment services, the result of a collaboration with open banking software company Crassula. For businesses themselves, users can white-label a range of FinTech services into their own platforms. million in Series B funding led by GVA Capital.

Fintech 134

Fintech Cards Software Payments 134

PYMNTS

JANUARY 24, 2019

Singapore-based FinTech startup Credit Culture has secured $29.4 million in funding from RCE Capital Berhad, a Malaysian investment holding company, according to reports. Credit Culture, which was started by former bankers, is going to use the money to grow its operational abilities. million in funding for FinTechs at the time.

Fintech 125

Fintech Comparison Security Lending 125

PYMNTS

JUNE 28, 2019

The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. However, the bank put the credit business up for sale with a larger strategy to divest some of its operations. FinTech market had a strong showing last year, with venture capital and private equity investments hitting $3.3

Cards 100

Cards Charlotte Fintech Innovation 100

PYMNTS

JANUARY 21, 2020

The startup said this was the largest funding round ever for a French FinTech. Qonto is operational in Spain, France, Italy and Germany, and handled €10 billion ($11.08 It also plans to hire more employees with the capital. Qonto focuses on a subset of small- and medium-sized businesses (SMBs) across Europe. million.

Capital 131

Capital Digital Banking Compliance Mobile 131

PYMNTS

DECEMBER 4, 2020

Fitzmaurice added that “the new [pandemic] era of operating a non-optimized back office will affect a business’ ability to make fast decisions, which, as we have seen over the course of the pandemic, is vital, given the difficulties with traditional forecasting techniques. Enterprises have been onto this for a while.

Resources 142

Resources Operations System Capital 142

PYMNTS

DECEMBER 8, 2019

Founded in 2018, B-North is looking to obtain its banking license in the first quarter of 2020. In September, the company announced that it was working with Banking-as-a-Service firm Mambu and cloud-based loan and deposit origination platform provider nCino to power its small business lending and banking operations. million ($1.97

Lending 131

Lending Regional Policies Operations 131

PYMNTS

OCTOBER 6, 2017

The small business loan market is oversaturated, she argued, creating a “FinTech credit bubble” that first showed signs of deflating as investors pulled out of some players like CAN Capital and LendingClub in 2016. Indeed, the remainder of 2017 and 2018 will see more partnerships between the banks and FinTechs.”.

Lending 152

Lending Capital Marketing Report 152

PYMNTS

JANUARY 17, 2020

billion in 2018 and makes up 60 percent of all attempted fraud against U.S. Global Blue Acquisition Capitalizes On Consumer X-Border Spend. Only two weeks into 2020, mergers and deal-making in payments, specifically within digital payments and FinTech, are sizzling. In Two Years. Check fraud has spiked from $8.5

Marketing 130

Marketing Fraud Payments Apple 130

PYMNTS

JUNE 13, 2019

legal document, detailed how Amazon uncovered what it described as a “serious” cyberattack between May 2018 and October 2018. Doing so allowed them to siphon funds from sellers’ sales or loans (provided by Amazon Capital Services U.K.) Reports in Bloomberg , citing a U.K. and India in 2017.

Fraud 139

Fraud Retail Industry Fintech 139

PYMNTS

JANUARY 16, 2020

To that end, Far Point Acquisition – which operates as a “blank check” company that focuses on financial technology deals – said on Thursday (Jan. The announcement comes on the heels of Visa’s announcement that it would buy FinTech firm Plaid for $5.3 raised $550 million in its initial public offering (IPO) in June of 2018.

Payments 100

Payments Taxes Groups Fintech 100

PYMNTS

AUGUST 14, 2019

In the world of small business financial services, entrepreneurs’ frustrations with banking have been loudly vocalized : firms are often considered too small to be profitable for banks’ corporate services units and are therefore pushed into an FI’s consumer banking operations.

Lending 122

Lending Cards FDIC Capital 122

PYMNTS

DECEMBER 9, 2019

AvidXchange processed more than $120 billion of invoices and payments across its network of more than 500,000 suppliers in 2018, transforming the way 5,500 customers in North America pay their bills, according to its website. The firm has 1,300 employees across offices in seven states and is distinguished as a global FinTech unicorn.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

CB Insights

AUGUST 26, 2021

SoftBank’s capital firepower has helped it become the #2 unicorn investor in the world. Many of SoftBank’s portfolio companies operate across a variety of different industries. The fintech sector represents the second-most frequent investment target for SoftBank in 2021, with 26 fintech companies garnering deals. .

Regional 94

Regional Fintech Analysis Company 94