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Indonesian FinTech LinkAja Closes $100M Series B Led By Singapore Super App Grab 

PYMNTS

Indonesian FinTech LinkAja closed a series B funding round led by Singapore super app Grab, with participation from Telkomsel, BRI Ventura Investama and Mandiri Capital Indonesia. . “We LinkAja is among the only FinTech startups created by BUMN. We are very enthusiastic about joining Grab as one of our shareholders.

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FinTech Oxygen Introduces eBanking Solution For Gig Economy

PYMNTS

The new digital banking solution offers flexible tools to help people manage their finances when they have multiple income streams coming in from contract work and freelance gigs. workforce by 2027. That’s leaving the newest generation of workers and those who are self-employed short on options,” he said.

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Amex, Santander Explore FinTech Using API

PYMNTS

American Express has filed for a blockchain-based proof of payment technology, and Santander U.K. At the same time, they are facing new competition from smaller, nimbler financial technology upstarts that are, in some cases, able to move on a dime to reach customers that traditional banks are often unwilling – or unable – to do business with.

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What could R3’s DLT-based platform mean for global payments?

NCR

The debate surrounding blockchain – or more specifically distributed ledger technology (DLT) – and its viability for widespread rollout across the global financial system rumbles on, but it seems that we are beginning to see clearer signs of how this area of innovation could have a real impact on the industry.

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Legacy Banks Embrace APIs To Counter Competitive Cycle

PYMNTS

Legacy banks around the world have been under tremendous pressure in recent years to transform their business models, as upstart FinTech companies are removing the barriers to entry and credit access that have kept large numbers of growth businesses and consumers out of the market. The report showed that investments hit a record $27.4

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Green Growth is Building a Platform for Millennial “Green” Investing (Fintech Startup of the Week)

Fintech Labs Insights

Customers select from six investment themes: green energy, clean technology, clean water, sustainable food, recycling or sustainable transport. Pricing : 0.75% management fee on assets under management (AUM). Market size : $60B in the UK by 2027 (source: Green Growth pitch above). per $1B under management.

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Freelancer Payments Turn Traditional Payroll On Its Head

PYMNTS

The freelance and gig work economy continues to grow, creating wide-open opportunities for FinTechs and service providers addressing a range of new pain points for both the talent and the employer. That figure could rise to 50 percent, it estimates, by 2027. working population. It’s not a U.S.-only

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