article thumbnail

Today In Digital-First Banking: Revolut Seeks UK Financial Services License; Capital One Joins Fiserv’s MoneyPass ATM Network

PYMNTS

financial services license, while Capital One has agreed to join Fiserv’s surcharge-free MoneyPass ATM network. Revolut Founder and Chief Executive Nik Storonsky said in an announcement that having a British license for financial services will enable the FinTech to provide banking offerings that “U.K.

ATM 145
article thumbnail

Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

Fintech 213
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Japanese FinTech Kyash Notches $45M Despite Pandemic

PYMNTS

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Goodwater Capital also invested in Kyash’s Series B Round. growth equity investment firm Greyhound Capital; U.S.

Fintech 201
article thumbnail

Fintech Deals to Watch: Fall Festivities

Gonzobanker

NCR announced plans to separate into two independent, publicly traded companies: NCR Voyix , focused on digital commerce, and NCR Atleos , focused on ATMs. Fiserv partnered with Central Payments LLC , a BAAS provider for fintech, and sold its Frontier Reconciliation and Accurate Reconciliation solutions to Trintech.

Fintech 103
article thumbnail

FinTech Firms Make Inroads In Switzerland

PYMNTS

In any number of countries spanning the globe, FinTech firms continue to make inroads into financial services, with at least some encroachment onto traditional players’ turf. The report, titled “IFZ FinTech Study 2019,” showed as many as 356 active FinTech companies in the space, up 62 percent year over year as measured in 2018.

Fintech 148
article thumbnail

Africa is leap-frogging the financial world with mobile

Chris Skinner

Here is how he saw things … Fintech in Rwanda: the place where Telcos are surpassing Banks in the financial sector Telcos dominate in the financial sector of Rwanda Last week I participated in the leading fintech conference in Africa “Dot Finance”, which took place in Kigali, capital of Rwanda.

Mobile 334
article thumbnail

Wealthfront FinTech Rolls Out Debit Account Capability

PYMNTS

A debit card can now be added to the Wealthfront Cash Account to make purchases and get cash from a nationwide network of fee-free ATMs. The demand to move to digital financial services has been greatly accelerated by recent events like nationwide shelter-in-place orders due to Covid-19.

Fintech 151