PYMNTS

JANUARY 15, 2020

Brazil’s unicorn FinTech and payments startup EBANX is trialing a digital wallet, called Ebanx Go, with 10,000 consumers on a test basis, the company announced on Wednesday (Jan. The digital wallet offering is intended to solidify the FinTech’s reach in the Brazilian payments market.

Fintech 169

Fintech America Payments Capital 169

PYMNTS

JANUARY 26, 2020

SoftBank has been looking at European FinTech startups, the source told The Telegraph. SoftBank’s future FinTech funding will likely come by way of its second Vision Fund, which started making investments last year. operations, reporting to Bloomfield. In addition, Monzo hired former Visa executive TS Anil as CEO of its U.S.

Los Angeles 193

Los Angeles Capital Digital Banking Fintech 193

CB Insights

OCTOBER 25, 2021

Pomelo , a fintech-as-a-service platform provider, has raised $35M in a Series A. The round drew participation from Tiger Global Management, Greyhound Capital, QED Investors, Index Ventures, and Insight Partners, among others. Pomelo’s customer base includes 3 fintech companies and 1 embedded finance firm.

America 59

America Fintech Capital Cards 59

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Mastercard Taps FinTech for Biz Card Boost. Bankin’ Steps Into Payments APIs.

Data 161

Data Fintech Cards Software 161

CB Insights

DECEMBER 10, 2020

Bank of America and the traditional banking system is being disrupted across a wide variety of core revenue streams. . Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. Sales and trading operations within banks can be lucrative. Where Top US Banks Are Betting On Fintech. First name.

America 101

America Lending Cards San Francisco 101

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

MAY 14, 2018

Taking a page from Goldman Sachs’ book, Morgan Stanley is beginning to lend to FinTech startups in Brazil as it seeks more of a return on its investments. The company is also reportedly in talks with international investors about raising $50 million via an equity round that QMS Capital is handling.

Fintech 116

Fintech Marketing America Report 116

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. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

MAY 29, 2018

Global Fashion Group, which operates fashion Websites in Russia, Latin America, and Southeast Asia, took a hit because of a decline in the Russian rouble and the Brazilian real. Rocket CEO Samwer did note that Jumia, which is still losing money, may need to raise capital during the next two years.

Fintech 122

Fintech Groups Capital America 122

PYMNTS

NOVEMBER 22, 2019

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Venture Capital Funding. raised $10 million from SEB Bank and Seed Capital for its commercial card technology. Cardlay, based in the U.K.,

Strategy 109

Strategy Fintech Capital Lending 109

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

SEPTEMBER 7, 2018

There are some B2B FinTech segments that are mainstays with investors. This week, though, investors revealed their appetite for B2B FinTech firms that can multitask. The company, according to reports , secured the funds through a joint venture with BTG Pactual, Latin America’s largest financial institution.

Fintech 109

Fintech Capital Lending Software 109

PYMNTS

NOVEMBER 18, 2016

KPMG had some bad news for the FinTech world this week. Along with CB Insights, KPMG researchers found in their latest quarterly analysis that FinTech investment by venture capitalists declined across the globe in Q3 of this year. Their “ Pulse of Fintech “ report found $2.4 Alternative Lending. P2Bi nvestor.

Fintech 100

Fintech US Capital Community 100

PYMNTS

NOVEMBER 27, 2018

So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. “We all know banks are a key source of capital for small and medium businesses,” Phelan told PYMNTS in a recent interview. Yet, the small business lending gap remains.

Lending 159

Lending Fintech Capital Report 159

PYMNTS

JANUARY 15, 2021

But it was an embedded finance FinTech that took home more than half of the funding announced. Its micro-financing portal targets SMBs that cannot access capital via traditional means. B2B payments FinTech Qolo has announced a $3.8 Sequoia Capital India led the Series A investment, TechCrunch reported. Modern Treasury.

Capital 167

Capital Fintech Operations Technology 167

PYMNTS

MAY 1, 2020

With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market, the latest rounds remain impressive nonetheless. Additional investors included One Way Ventures, Maya Capital, Magma Partners and others.

Capital 165

Capital Management Fintech Cards 165

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

SEPTEMBER 8, 2020

Thunes , the FinTech startup which operates a global cross-border payments network for emerging economies, announced Tuesday (Sept. This latest round of funding is intended to fuel its growth in Africa, Asia and Latin America, the Singapore-based company said. 8) that it raised $60 million in Series B funding.

Payments 160

Payments Capital Mobile Operations 160

Bank Innovation

APRIL 2, 2019

The bank wants to increase its representation in entry-level analysts and associates in the Americas to 50% for women, 11% for black employees and 14% for Latino employees, based on an email to employees from CEO David Solomon, President John Waldron and […].

America 170

America Fintech Operations Capital 170

Bank Innovation

FEBRUARY 19, 2018

EXCLUSIVE — With government-backed initiatives and a finite business of copper export, Nathan Lustig, co-founder and managing partner at Magma Partners, saw huge potential in the Chilean fintech market. Additionally, […].

Fintech 287

Fintech Marketing Cards Management 287

PYMNTS

AUGUST 10, 2018

A week of more than $200 million for B2B FinTech firms across the globe shows that venture capitalists’ support for the space continues. The company operates primarily in the food and groceries, digital services and electronics space. Take a look below at the full list of B2B startups that secured new funding this week.

America 100

America Capital New York Software 100

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. As noted in Insurance Business America , U.S. With FinTech’s Aid, Lending Down Under. The FinTech is Finserve Africa. The deal was reportedly done through a wholly owned subsidiary of Travelers.

Fintech 101

Fintech Lending Groups Digital Strategies 101

PYMNTS

JUNE 7, 2019

This week’s B2B Venture Capital roundup is all about data. However, the biggest funding round of the week went to a company that is not yet in the B2B FinTech space, though it has plans to use the capital to launch a cross-border, small business (SMB) money-transfer service. Catch up on the latest investment rounds below.

Data 139

Data Capital Analytics Lending 139

Bank Innovation

AUGUST 3, 2018

In fact, a new report showed that technology company IBM has five times more fintech patents than the world’s 15 largest banks combined. Many large banks describe themselves as equal parts technology firms as they are financial services companies, but then shouldn’t they have relevant patents backing that notion? Well, they don’t.

Fintech 186

Fintech Technology Report Company 186

PYMNTS

JUNE 22, 2020

Firms have had to quickly adjust their operations so workers can stay home to help prevent the virus’s spread, but this has presented hurdles for businesses with entrenched paper-based processes. Many banks are therefore partnering with AP-focused FinTechs to quickly meet clients’ new demand, he explained.

Tools 142

Tools Fintech Meeting Operations 142

PYMNTS

SEPTEMBER 7, 2020

Amid these controversies, smaller commercial card FinTech startups like Brex continued to add new competition into the market. As a result, SMBs struggled to access the capital they needed to survive what was, for many, a complete ceasure of revenue. Spring’s SMB Support. As the pandemic spread across Europe, and eventually the U.S.,

Cards 246

Cards Tools Capital Payments 246

Lex Sokolin

JANUARY 14, 2021

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. We love the robot as much as the next Fintech commentator. And that the capital appreciation that matters?—?cementing Second, Fintechs (e.g., It must attract global capital and global talent.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. We love the robot as much as the next Fintech commentator. And that the capital appreciation that matters?—?cementing Second, Fintechs (e.g., It must attract global capital and global talent.

America 52

America Wyoming National Capital 52

PYMNTS

OCTOBER 16, 2020

Jess Turner, Mastercard’s executive vice president for North America Products and Innovation, tells PYMNTS the venture is just one part of the firm’s push to help gig workers get benefits. Mastercard will initially make the Stride platform available through two partners, Jobble and Mobility Capital Finance (or “MoCaFi”).

America 291

America Innovation Customer Experience Industry 291

Bobsguide

AUGUST 1, 2022

To better serve banks and broker-dealers in North America and APAC regions on the NYFIX network around the clock, global Fintech leader, Broadridge Financial Solutions, Inc. NYSE:BR), announced a global partnership with Blue Ocean Technologies (BOT), a unique capital markets Fintech focused on global afterhours trading.

Technology 88

Technology Regional America Fintech 88

PYMNTS

APRIL 10, 2019

. “With a rapidly changing payments landscape, we were looking for a payments infrastructure solution that could deliver on our current domestic and international payments needs and support our future growth strategy,” said BancoBASE IT and Operations Director Prudencio Frigolet in a statement. ”

Payments 134

Payments America Technology Operations 134

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). This isn’t the OCC’s first attempt to create a special banking charter that would benefit tech firms.

Regulation 349

Regulation National System Industry 349

CB Insights

JULY 18, 2018

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. Private technology companies in Latin America have raised over $5.8B Want the 12-page report for free?

Regional 50

Regional America Capital United States 50

PYMNTS

JULY 10, 2017

Reports Friday (July 7) said PayStand was one of two startups that attracted financing from LEAP Global Partners’ first early stage venture capital fund, LEAP Partners I. operating as a cross-border investor with such a focus. ”We Only one percent of all venture capital-based companies is Latino-owned.

America 102

America Payments Capital California 102

PYMNTS

JANUARY 26, 2017

In this week’s Tech Center tracker, we take a look at how Dubai is giving FinTech hubs around the world a run for their money. The city is able to attract investors due to its low logistical and operational costs and excellent infrastructure, international outlook and liberal government policies. FinTech Hive Generates Buzz.

Fintech 100

Fintech Regional Innovation Leadership 100

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. First name.

Fintech 80

Fintech US Lending Cards 80

PYMNTS

SEPTEMBER 16, 2016

Latin America is making big gains in the realm of payments, but Mexico may just be the region’s standout star. The capital city is Mexico City, which alone is home to almost 9 million. The nation’s capital is also one of the world’s largest cities. Mexico’s GDP is $1,144 billion, while the current GDP per capita is $9,517.

Fintech 100

Fintech Capital Millennials Mobile 100