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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

In total, there were 13 fintech startups (or 15 by the Bank Innovations definition ), 12% of the total YC W16 class of 109. HQ: Boston, Massachusetts. Debit card with company-driven expense rules. HQ: Braddock, Pennsylvania. Nigerian online credit card processor. Source: Crunchbase. Maxwell Health.

Company 12
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Mobile Payments Amnesia And CVS’ M-Pay Entrance

PYMNTS

Why do mobile payment users choose another method if they have taken the trouble to load their card data? There is a difference in the choice of debit or credit card as a funding source among users. Meanwhile, only 44 percent of Apple Pay users prefer to use a debit card as a funding source and 50 percent use a credit card.

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