BankBazaar

APRIL 11, 2023

National, March 30, 2023: BankBazaar.com , India’s leading fintech co-branded Credit Card platform and online provider of free Credit Scores, closed FY23 with net revenue of ₹160 crore. Media Contacts Nanda Padmanabhan | BankBazaar | nanda.padmanabhan@bankbazaar.com The post BankBazaar’s Co-Brand Model Powers FY23 Revenue Up 60% to Rs.160

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The Financial Brand

OCTOBER 3, 2023

This article Where Ribbit Capital Sees Fintech Opportunities appeared first on The Financial Brand. Fintech funding is still slow, but a major venture capital firm sees growth opportunities, including in commercial payments and generative AI.

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PYMNTS

JANUARY 7, 2021

Online FinTech startup SoFi announced Thursday (Jan. 7) that it was merging with publicly-traded Social Capital in an $8.6 The FinTech IPO Market. billion deal that brings it instant liquidity and avoids the uncertainty of the initial public offering (IPO) process, while leaving it better positioned to take on legacy banks.

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Chris Skinner

JULY 21, 2017

The problem is that old systems and legacy technologies stop the bank moving forward into the nimble and agile future on offer today, and this is exactly what FinTech start-ups believe they can exploit as it is clearly a weakness for the large banks. Some call them legacy, others call them handcuffs, but whatever they are is a problem.

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PYMNTS

DECEMBER 12, 2019

San Francisco FinTech Brex announced a $200 million debt capital raise from Credit Suisse that will be used to expand its eCommerce business and credit offerings to new companies, Brex announced in a press release on Thursday (Dec. Brex deals in business-to-business (B2B) payments with corporate cards tailored to specific industries.

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PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. The investors followed a Series C investment round closed by Veritas earlier this year, which was led by CDC, Pai and Lok Capital.

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Bank Innovation

FEBRUARY 23, 2016

We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More. When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does.

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PYMNTS

AUGUST 8, 2019

The company will partner with top fashion and beauty brands and retailers for the event, which offers its two million U.S. The Australian FinTech firm launched in the U.S. Customers can shop a record amount of amazing deals from the most loved fashion and beauty brands. customers access to special promotions. many others.

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PYMNTS

SEPTEMBER 8, 2020

In the mad dash for small firms to secure capital, many sought their PPP loans from banks other than their usual financial service providers, creating a logistical nightmare for financial institutions (FIs) that still rely on manual and outdated customer onboarding workflows. On Tuesday (Sept.

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PYMNTS

MARCH 22, 2019

If data makes the world go ’round, so, too, does it garner investor interest, as evidenced by venture capital and other investors’ funds coming into the coffers of corporates that scrape the web for information. USD in series A funding from a consortium of investors, including Green Visor Capital. An Acquisition in Africa.

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PYMNTS

JANUARY 14, 2021

Silicon Valley credit card startup X1 raised $12 million in a funding round led by Spark Capital, a backer of Twitter, Plaid, Slack and Affirm. The round also had participation from Jared Leto and CEOs of known tech brands. X1 Co-Founder and CEO Deepak Rao said in a Thursday (Jan.

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PYMNTS

MARCH 31, 2020

FinTech firm MatchMove has struck a deal to acquire a “strategic stake” in eCommerce solutions company Shopmatic, according to reports. MatchMove said LightSpeed is a “powerful, out-of-the-box solution, which enables you to launch your own branded payments platform within minutes.”.

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PYMNTS

OCTOBER 14, 2020

The method is soon to be rolled out in Ankara, Turkey's capital, and other cities as well, FT reported. The country otherwise has sophisticated online banking products and an emerging FinTech sector. It was an upgrade over the old method in which users had to use credit cards to top up on the internet.

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BankBazaar

MAY 7, 2024

BankBazaar.com, India’s leading fintech co-branded Credit Card platform and online platform for free Credit Score, marks its third consecutive year of fast and sustainable growth, with an unaudited operating revenue of Rs.215 in co-brand Credit Cards in force compared to the previous year. 215 Crore in FY24.

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Gonzobanker

AUGUST 11, 2020

2020 is the wildest downward ride in the market since 1929, which, one would think, is taking its toll on the fintech ecosystem serving banks and credit unions. And the industry’s two largest fintech providers, FIS and Fiserv, reported organic revenue declines largely due to economic impact to the payments market. It’s one big sandbox.

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PYMNTS

DECEMBER 20, 2019

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. million funding round in a press release this week, with the seed investment led by Aya Peterburg of Haim Sadger and S Capital. In the U.K.,

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PYMNTS

SEPTEMBER 30, 2020

In today’s top payments news around the world, American Express launched co-branded credit cards with Amazon targeting small to medium-sized businesses (SMBs) in Britain, while Volopay is teaming with Nium for a new and enhanced corporate credit card. million in Blumberg Capital-led seed funding. Plus, Intelage has notched $3.5

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PYMNTS

FEBRUARY 23, 2017

Alternative lender Prospa has raised new venture capital that comes with a prestigious label for the company. The Series B round is the largest-ever venture capital investment into an Australian FinTech startup, according to reports. Reports Wednesday (Feb. Existing backers also participated in the funding, reports said.

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The Financial Brand

MAY 2, 2024

This article Hoodies and Suits: Can Banks and Fintechs Learn to Speak the Same Language? appeared first on The Financial Brand. A good book title would be 'Fintechs are from Silicon Valley, Banks are from South Dakota.' This article Hoodies and Suits: Can Banks and Fintechs Learn to Speak the Same Language?

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PYMNTS

MAY 6, 2019

PCI compliance is top of mind for many organizations, with a burden and commitment from the chief financial officer (CFO) suite that is not nominal — and quite capital intensive. FinTech firms, however, are looking to lessen that work through their offerings: Modo , in one case, has a Modal component to its /Checkout product. “We

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PYMNTS

FEBRUARY 19, 2019

The report noted that banking systems embedded on mobile phones are popular in emerging markets, including in China, India and Kenya , driven in part by private-sector FinTechs. “Mobile phones will become banks.”. It’s not clear whether a state system in Mexico will be easy to use.

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PYMNTS

AUGUST 14, 2019

Companies separated across borders want payments to be delivered on time so they can meet their payment deadlines, access capital and deliver products in a timely fashion. In Southeast Asia, FinTech InstaReM recently released a new platform of its own. About the Smarter Payments.

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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.

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PYMNTS

JUNE 27, 2019

Founded in 2010, Creative Group enables customers to digitally buy or send prepaid credit to spend with their favorite brands, as well as to send cross-border credit remittances. We are an official digital distributor for some of the world’s most powerful brands,” said Günther Vogelpoel, CEO of Creative Group. “We

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PYMNTS

SEPTEMBER 15, 2020

In an interview with Karen Webster, Vilash Poovala , founder and CEO of FinTech Oyster , said online financial platforms, powered by open banking, can serve as alternatives for business banking in a country where business banking seems an afterthought. The world needs a FinTech operating system.”. Widening Debit’s Acceptance.

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PYMNTS

OCTOBER 7, 2016

It appears Manchester may be giving London a run for its money as the next great FinTech sector in the U.K. The city’s FinTech reputation and tech sector are on the rise. Manchester has a proven track record of supporting FinTech investments complemented by a high-caliber of talent,” he continued.

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PYMNTS

FEBRUARY 24, 2017

B2B FinTech startups came close to hitting the $100 million investment mark this week, with funding rounds in the U.S., The $20 million funding round for Australian alternative lending platform Prospa has set a record, according to reports, as the largest FinTech venture capital funding in the country. Soundtrack Your Brand.

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CB Insights

JULY 7, 2021

Pine Labs , a point-of-sale (PoS) fintech company, has raised $600M (INR 44.59B) with participation from BlackRock, Temasek, Fidelity Investments, and Duro Capital, among others. The post This BlackRock-Backed Fintech Company Raised $600M To Expand Its Payment Services In Southeast Asia appeared first on CB Insights Research.

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PYMNTS

NOVEMBER 11, 2020

In today’s top payments news around the world, Indonesian FinTech LinkAja closed a Series B funding round headed up by Grab, while Nigeria-based Kuda landed $10 million after a funding round. Indonesian FinTech LinkAja Closes $100M Series B Led By Singapore Super App Grab.

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Chris Skinner

MAY 12, 2017

Further to my recent trip to Pakistan Business Recorder (their version of The Financial Times) interviewed me in depth about what is happening in FinTech. Chris has been voted one of the most influential people in banking by The Financial Brand. BRR: How critical are the capital requirements?

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PYMNTS

SEPTEMBER 24, 2019

JetBlue is an innovative and exciting brand and Brex is thrilled to offer access to their valuable TrueBlue loyalty program within the Brex Rewards platform,” said Brex Co-Founder and Co-CEO Henrique Dubugras. In April it raised $100 million in debt capital from Barclays in the form of a warehouse line of credit.

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The Financial Brand

OCTOBER 8, 2023

This article Should Fintechs Buy or Build Their Way into Banking Today? appeared first on The Financial Brand. Acquisitions aren't easy, but new charters for fintechs are elusive. A bank law veteran weighs options in which both banks and fintechs have a stake. appeared first on The Financial Brand.

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Bank Innovation

FEBRUARY 18, 2019

Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer those loans to consumers who have traditionally been unable to secure them from larger institutions.

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The Financial Brand

JANUARY 26, 2022

Neobanks that crave capital remain wary of losing control in an acquisition with a big corporation. The post How Walmart’s Latest Deal Could Impact the Future of Fintech appeared first on The Financial Brand - Banking Trends, Analysis & Insights. They remember Simple and Azlo.

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PYMNTS

JANUARY 14, 2021

Rho Technologies , the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release.

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PYMNTS

SEPTEMBER 9, 2020

Truepill , an online pharmacy powering delivery for direct-to-consumer healthcare brands, announced Wednesday (Sept. Connecticut-based healthcare and FinTech investor Oak HC/FT led the funding. Connecticut-based healthcare and FinTech investor Oak HC/FT led the funding. 9) that it closed on a $75 million Series C funding round.

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PYMNTS

JULY 4, 2019

Facebook announced partnerships with an array of venture capital funds as part of its VC Brand Incubator initiative, which is reportedly the first in a series of programs the social media and technology conglomerate has launched in India to support small businesses. Founder Manu Chandra in another statement.

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