PYMNTS

MARCH 31, 2020

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

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PYMNTS

SEPTEMBER 23, 2019

Zurich-based FinTech company neon announced it has closed a $5 million fundraising round led by Tamedia. Neon is a simple and mobile banking solution that, even though very easy to use, offers a high level of security. Zurich-based Backbone Ventures and several existing investors also participated in the round.

Mobile 122

Mobile Fintech Capital Retail 122

PYMNTS

OCTOBER 14, 2020

Payguru is a Turkish company currently working to give residents a way to pay for bus travel cards via text message, according to a report by Financial Times (FT). The way it works, since the company began testing it in the city of Kahramanmaras in 2018, is that users can send a text message and refill their cards via mobile phone.

Fintech 175

Fintech Analytics Payments Mobile 175

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. Plus, Canadian payment services company Interac is collaborating with Walmart Canada to expand debit card payment methods in store and online.

Mobile 182

Mobile Payments Capital Fintech 182

CB Insights

OCTOBER 13, 2020

As more customers choose to pay with their mobile phones rather than cards or cash, financial services companies face new security threats. Many banks and payments companies are turning to biometric authentication technologies to secure and streamline the mobile payment experience. GET the list of fintech 250 companies.

Capital 80

Capital Technology Mobile Payments 80

PYMNTS

MARCH 11, 2020

B2B FinTechs are once again showing off the versatility of the corporate card. While QuickBooks is piloting card payments on invoices powered by PayPal , Airwallex is readying the launch of its own corporate card — both physical and virtual — designed to enable cross-border payments. QuickBooks Adds Card Payment Support.

Cards 130

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Bank Innovation

MARCH 28, 2018

EXCLUSIVE – Are credit cards the next big hot spot for fintech takeover? That’s what startup Petal hopes its partnership with Salt Lake City-based WebBank achieves, as the startup gears to launch of its first major product: a credit card designed to serve the "credit invisible."

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PYMNTS

JULY 9, 2020

With commercial credit cards historically viewed as a payment vehicle for businesses to make one-off purchases for the office or while on a business trip, the small business credit card has yet to catch up to adoption volumes seen by other payment methods like direct bank transfers in the B2B payments space. Opening Access To Capital.

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Cards Capital Tools Course 142

Accenture

AUGUST 20, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. For the third straight quarter, Chase, Capital One and Synchrony led all issuers in purchase volume growth (over 10 percent YoY).

US 150

US Cards Capital Apple 150

PYMNTS

JANUARY 30, 2020

Virtual credit cards are one of the more flexible electronic payment methods available, and the world continues its steady march toward greater digital payment use. Virtual cards can improve accounts payable (AP) processes, benefiting both buyers and suppliers by streamlining day-to-day payments, and providing greater control over cash flows.

Cards 178

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PYMNTS

NOVEMBER 10, 2020

Nigeria-based Kuda , which operates its own mobile-first challenger bank, now has $10 million after a funding round in what TechCrunch reported is the biggest seed round ever raised in Africa. African FinTechs have been in the spotlight as of late, with Kuda taking advantage of a particular hotbed in Nigeria, TechCrunch reported.

Mobile 186

Mobile Capital Report Management 186

PYMNTS

MARCH 13, 2020

Despite its demonetization policy, a thriving eCommerce climate, and continued growth in electronic and mobile payments, card penetration remains especially low in India, hovering at about 2 percent to 3 percent. It’s an interesting phenomenon, especially considering the path to corporate card adoption elsewhere.

Cards 130

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Bank Innovation

FEBRUARY 27, 2019

Two fintechs announced new products and services this week geared toward e-commerce sellers, pointing to gaps in offerings from banks and legacy card companies to provide seamless, affordable solutions for online-based businesses looking to scale up quickly or stock up for busier seasons. provides […].

Fintech 186

Fintech Capital Cards Online 186

PYMNTS

FEBRUARY 20, 2020

FinTech Paysend is introducing Global Account, its international, fee-free mobile money account with a multi-currency wallet, to European users, the company announced on Thursday (Feb. The multi-currency wallet transforms the Paysend Mastercard into a local currency card wherever users are.”. In July , Paysend announced an £8.5

Mobile 187

Mobile Analysis Fintech Cards 187

PYMNTS

DECEMBER 9, 2020

The process involves capturing a user’s live photo to compare alongside an official document, such as an Aadhaar card, which bears a unique, 12-digit ID number. India-based digital lender startup Capital Float witnessed a multitude of benefits from implementing video-based KYC to help onboard its small- to medium-sized business (SMB) clients.

Video 175

Video Capital Lending Security 175

PYMNTS

DECEMBER 18, 2020

Canadian FinTech Neo Financial said that it has raised CAD $50 million in a Series A funding round that included $25 million in funding and $25 million in debt facility financing. Other investors included Shopify CEO and founder Tobi Lutke, Golden Ventures, Inovia Capital, Thomvest, Afore Capital, Maple VC, FJ Labs, and District Ventures.

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PYMNTS

JANUARY 28, 2020

Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. The problem can be especially acute when it comes to financial institutions (FIs), said John Owens, general manager of Elan Credit Card , in a new podcast interview with PYMNTS.

Fintech 169

Fintech Digital Strategies Mobile Resources 169

PYMNTS

JULY 3, 2019

million from investors including Partech, Axeleo Capital, Lafayette Plug and Play and others to further develop its loyalty program integrated into credit or debit cards. Through Joko’s mobile app, credit cards become loyalty cards, so there is no need to scan or say anything.

Cards 135

Cards Fintech Retail User Experience 135

PYMNTS

JUNE 27, 2017

Cross-border payments platform Currencycloud and Hyundai Card, South Korea’s digital pioneer company, recently announced an exclusive partnership to enable the launch of Korea’s first mobile remittance service provided by a credit company. Hyundai Card members can use the app to initiate transfers without additional sign-up.

Cards 100

Cards Mobile Digital Strategies Fintech 100

PYMNTS

JUNE 7, 2019

FinTech Amaiz is rolling out a mobile business banking app for entrepreneurs, announced in a blog post this week. While B2B FinTech designed for small businesses (SMBs) has taken off in recent years, mobile-first products remain relatively rare.

Mobile 134

Mobile Management Fintech Tools 134

PYMNTS

JANUARY 25, 2019

-based Apruve landed funding for their solutions, signaling continued interest by venture capitalists (VCs) in not only alternative finance, but in FinTech firms looking to address B2B companies’ pain points of delayed and unpaid invoices. The company recently announced $3.2 The company recently announced $3.2

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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. As Poovala told Webster: “We had to get a debit card by actually creating our own startup.

System 258

System Operations Fintech Taxes 258

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt.

Fintech 195

Fintech Lending Software Compliance 195

Banking Exchange

MAY 26, 2021

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

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Fintech Groups Community Bank Community 78

PYMNTS

NOVEMBER 24, 2020

FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. Bloomberg noted that the company has been taking advantage of the eCommerce interest, starting its own card-issuing service for U.S.

Fintech 294

Fintech Software Payments Capital 294

PYMNTS

JANUARY 24, 2020

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Flutterwave.

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Fintech Capital San Francisco Georgia 198

PYMNTS

JUNE 28, 2019

credit card business, mobile-first company Jaja will pay an initial cash consideration of $671 million at current rates. The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. s Automobile Association and a Bank of Ireland branded card. (It Bank of Ireland U.K.

Cards 100

Cards Charlotte Fintech Innovation 100

PYMNTS

OCTOBER 9, 2018

China’s Tencent Holdings paid $180 million for an undisclosed minority stake in Brazilian FinTech Nu Pagamentos SA (known as Nubank). The Chinese giant is making the investment through a $90 million capital increase, Nubank Chief Executive and Co-founder David Vélez told Reuters.

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PYMNTS

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

Fintech 142

Fintech Miami National Data 142

PYMNTS

MARCH 4, 2020

TerraPay, a Dutch FinTech, has been acquired by a number of investors, including Prime Ventures, Partech Africa and management for an undisclosed amount. It also aims to enable banks, mobile money operators and other providers to connect with one another at a low cost. Along with IFC, those same entities have invested $9.6

Fintech 168

Fintech Mobile Regional Operations 168

PYMNTS

JULY 15, 2019

Avidia Bank is embracing real-time payments as part of its push to promote collaboration with FinTechs, the financial institution announced Friday (July 12). Offering real-time payments as well as a range of APIs will enable Avidia to expand its offering to FinTechs that want to integrate faster payment capabilities into their own solutions.

Fintech 115

Fintech Payments Cards Compliance 115

Bank Innovation

OCTOBER 25, 2018

First PayPal and now Capital One have noted the significance of their partnerships with the retailer in recent earnings calls. Just yesterday, in Capital One’s 3Q18 earnings call, Richard Fairbank, CEO and chairman, mentioned that Capital One will be the exclusive issuer of Walmart […].

Capital 186

Capital Retail Online Cards 186

Bank Innovation

JUNE 24, 2016

In a stunning vote, British citizens decided to leave the European Union, and the so-called Brexit has not just profound implications for fintech, but creates massive uncertainty for global financial services. tweeted Eileen Burbidge, a partner at Passion Capital and FinTech Envoy of HM Read More. How can we be so stupid?”

Fintech 258

Fintech Capital social media Operations 258

PYMNTS

APRIL 10, 2019

FinTech startup Extend announced it has raised $11 million in Series A financing, as it tries to capitalize on interest in virtual credit cards. The fundraising on the part of Extend comes as virtual cards are getting more attention thanks to Amazon’s late March announcement of the Apple Card.

Cards 108

Cards National Apple Fintech 108

PYMNTS

SEPTEMBER 11, 2020

Nubank, for its part, is primarily renowned for its no-fee credit cards and has approximately 30 million customers. Sequoia Capital, Tencent Holdings Ltd and DST Global are among its present backers. It finished a $300 million investment round in June with five of the firm’s current investors.

Fintech 217

Fintech cryptocurrency System Capital 217

PYMNTS

NOVEMBER 13, 2020

With nearly $90 million in new funding landing at B2B FinTechs this week, investors showed off a diverse range of focuses, from procure-to-pay to small business payments. But it was a Banking-as-a-Service company that led the roundup this time, with one startup looking to expand into Credit Cards-as-a-Service with its latest investment.

Capital 229

Capital Cards Fintech Payments 229

PYMNTS

OCTOBER 21, 2020

Morgan Chase wants in on small- and mid-sized (SMB) payments and is banking on no-fee QuickAccept to edge out FinTech rivals Square and PayPal, according to a Wednesday (Oct. Using QuickAccept, SMBs can take payments through a mobile app or contactless card reader and get the funds instantly, with no fee. 21) CNBC report.

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Fintech Conference Cards Payments 309