PYMNTS

JULY 21, 2020

A panel established to grow the United Kingdom’s (UK) financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government announced Tuesday (July 21). billion) in venture capital and the market has been estimated to have grown by nearly 70 percent since 2015.

Fintech 174

Fintech Ohio Financial Technology Innovation 174

PYMNTS

OCTOBER 9, 2020

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. It also plans to invest in companies where technology is a clear differentiator.

San Francisco 196

San Francisco Capital United States Big Data 196

Bank Innovation

AUGUST 14, 2019

When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting legacy lenders. European fintech companies raised $3.3 billion in venture capital in the first […]. billion valuation.

Fintech 170

Fintech Financial Technology Capital Online 170

PYMNTS

AUGUST 12, 2020

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. The company said its efforts recognize “the important role FinTechs play in the world’s rapid digital transformation.”. 12) announcement.

Fintech 163

Fintech Innovation cryptocurrency blockchain 163

PYMNTS

FEBRUARY 16, 2017

Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. Singapore’s central bank will no longer require venture capital managers to appoint directors that have at least five years of fund management experience as they have been.

Regulation 183

Regulation Capital Fintech Innovation 183

Chris Skinner

MAY 12, 2017

He is the Chair of the European networking forum: the Financial Services Club and sits on the advisory boards of numerous companies including Innovate Finance, Moven, and Meniga. Chris has been voted one of the most influential people in banking by The Financial Brand. We are seeing big changes to encourage innovation.

Regulation 255

Regulation Capital Fintech Innovation 255

PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. As companies elevate their use of payroll cards, Galileo Financial Technologies is rolling out its own solution to facilitate employee compensation.

Cards 208

Cards New York Capital Compliance 208

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. It is almost like banking in an apps store.

Fintech 361

Fintech System Apple Technology 361

PYMNTS

NOVEMBER 17, 2020

Embedded finance, the release noted, refers to the integration of financial service technologies with other provider solutions. The method will grow tenfold in the next five years, the release stated, citing a Lightyear Capital analysis, as businesses look for ways to access simple, transparent business solutions.

Tools 167

Tools Capital Analysis Financial Technology 167

Bank Innovation

MARCH 16, 2018

EXCLUSIVE—The legacy infrastructure of most banks leaves something to be desired, and payments technology provider Baton Systems wants to use the cloud, APIs, and distributed ledger technology to help.

System 186

System Financial Technology Technology Innovation 186

PYMNTS

SEPTEMBER 4, 2019

Financial technology company FastPay has announced it is creating a “receivables securitization program” with an $80 million first tranche. It has partnered with AIG and Cairn Capital, which will offer large amounts of capital to the media and technology sector. But it’s not unusual to see.

Capital 109

Capital Industry Technology Financial Technology 109

PYMNTS

JULY 22, 2020

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). Brex said the FDIC insurance on uninvested cash reserves up to $250,000 is the result of a partnership with UMB Financial Corp. ,

FDIC 166

FDIC Kansas City San Francisco Missouri 166

Chris Skinner

FEBRUARY 8, 2017

Innovate Finance, which represents 300 UK fintech companies, says venture capital investment fell from $1.2bn (£970m) in 2015, to $783m last year. “Our members tell us Brexit has had a chilling effect on investment,” Innovate Finance chief executive Lawrence Wintermeyer told the BBC. .

Fintech 150

Fintech Capital Innovation US 150

PYMNTS

JANUARY 13, 2021

In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video entertainment platform. Globe Fintech, which is called Mynt, said Bow Wave Capital Management and existing investors took part in the fundraise.

Video 130

Video United States Mobile Payments 130

PYMNTS

APRIL 21, 2020

The FinTech company SoFi is making its first leap to go global with a big move into Hong Kong. The new Hong Kong-based SoFi Invest will also offer “automated investing” along with financial advice and education, per a press release announcing the expansion.

San Francisco 130

San Francisco Innovation Fintech Security 130

PYMNTS

AUGUST 4, 2020

Paya , an eCommerce FinTech, plans to go public through a special kind of merger with an investment company, according to a press release. The combined company will be known as Paya and will be listed on the NASDAQ as “PAYA.”. III , which is a special-purpose acquisition company. The deal values Paya at about $1.3

Fintech 159

Fintech Software Lending Financial Technology 159

PYMNTS

NOVEMBER 15, 2018

Contactless payment company Mobeewave announced the closing of a $16.5 million Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital. This financial backing has also brought us one step closer to realizing our goal of making payment acceptance an option for everyone.”.

Mobile 199

Mobile Fintech Samsung Capital 199

PYMNTS

JULY 11, 2017

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. That attitude has led him to start four different companies and launch several products over the years. It’s very deliberate.

Innovation 101

Innovation social media Security Leadership 101

PYMNTS

NOVEMBER 25, 2019

MGV’s Venture Fund I has already made three representative investments in financial technology startups in the UK: Nivaura, Railsbank and Gardenia Technologies. We are pleased to have new capital from substantial investors to support great, transformational businesses across Europe and the US with our highly focused fund.

Fintech 141

Fintech America Innovation Industry 141

PYMNTS

MARCH 7, 2019

Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. The service also builds on Ant’s bPass or Business Platform as a Service product, which the company rolled out in September.

Technology 198

Technology Financial Technology Management Capital 198

PYMNTS

JANUARY 4, 2017

Canadian financial technology companies backed by venture capitalists reached a level not seen in nearly two decades, despite a slowdown of investment dollars flowing into FinTechs in the U.S. Citing data from PitchBook, Reuters reported venture capital financing of Canadian FinTechs was $137.7 million in 2016.

Fintech 159

Fintech Capital Financial Technology Report 159

PYMNTS

NOVEMBER 12, 2020

This roundup includes new initiatives from Visa and Lloyds, among others, to drive innovation in the small business, corporate banking and finserv arena. FinTech partners include small business credit risk analysis company AccountScore and small business data company Codat. Poland's mBank Taps Treasury Pricing FinTech.

Fintech 220

Fintech User Experience System Data 220

PYMNTS

APRIL 6, 2020

Philippines payments startup Voyager Innovations has closed a funding deal worth up to $120 million from existing backers, according to a Monday (April 6) statement from Voyager. Existing investors included Voyager’s parent company PLDT, China’s Tencent , International Finance Corp (IFC), private equity firm KKR and IFC Emerging Asia Fund.

Payments 136

Payments Innovation Branding Fintech 136

PYMNTS

JANUARY 30, 2017

Nyca Partners, the venture capital firm focused on the FinTech market, raised $125 million for a second fund. By providing financial technology knowledge to early-stage companies, we are able to offer a unique and much-needed service.

Fintech 100

Fintech Capital Lending Innovation 100

PYMNTS

JULY 31, 2020

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. As a new national bank, Varo joins the world’s most respected system of financial institutions and has the opportunity to become a household name as many other national banks have become.”.

National 172

National Fintech San Francisco Connecticut 172

Bobsguide

SEPTEMBER 22, 2022

IDC’s prestigious annual ranking highlights the leading companies in financial technology. Vendors on the elite list are recognized based on 2021 calendar year revenues attributed to financial services and fintech industries, and have demonstrated their commitment to their customers and the industry. “The

Fintech 74

Fintech Financial Technology Software Capital 74

PYMNTS

APRIL 9, 2020

Reports have said the move by the payments messaging company positions the firm take on payments giants Visa and Mastercard. Below, PYMNTS looks at some of the other payments and financial technology companies that are either innovating on top of existing rails or looking to bypass those legacy networks altogether with entirely new solutions.

Fintech 209

Fintech Payments Oregon Cards 209

Bobsguide

MAY 25, 2022

London — May 16, 2022 — Mindtree , a global technology services and digital transformation company, and Finastra , a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service.

Management 113

Management Payments Innovation Technology 113

Let's Talk Payments

JUNE 7, 2019

A growing number of new players in any industry is a sign of an expanding market and opportunities for innovators. Increasing access to capital, consumer awareness, and acceptance to new ways of managing finances and other ecosystem drivers have been attractive for entrepreneurs in 2018 as well. FinTech is not an exception here.

Fintech 107

Fintech United States blockchain Financial Technology 107

Bobsguide

JULY 21, 2022

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. Company hires nearly 100 new staff globally in H1 2022, including senior appointments to support expansion. TS Imagine has hired 100 new staff globally in H1 2022, with the majority in development and data science roles.

New York 87

New York Software Capital Leadership 87

PYMNTS

JANUARY 15, 2019

based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. million for the company, marking one of the biggest investment rounds for a FinTech company in Northern England. Corporate payments have not seen the same level of innovation as consumer payments.

Security 143

Security US Payments Big Data 143

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms. “We

Lending 150

Lending Fintech Data Wyoming 150

Bank Innovation

JUNE 27, 2017

INV Fintech, this site’s sister accelerator, announced a partnership today with Shanghai-based JadeValue, an incubator and investment fund, to enhance financial technology startups in both the United States and China. INV, […].

Fintech 259

Fintech United States Financial Technology Technology 259

PYMNTS

MAY 17, 2019

-led round, financial services software startup firm OpenFin notched $17 million in funding. Barclays also participated in the round, as did existing investors such as Bain Capital Ventures, Pivot Investment Partners and JPMorgan Chase & Co., The company is headquartered in London and New York. Reuters reported.

Software 134

Software New York Risk Management System 134

PYMNTS

NOVEMBER 11, 2016

Innovation and ease of business aren’t necessarily the first concepts that come to mind when thinking about the tech environment in the Russian market. Russia is known for many things, but being a breeding ground for startups and tech innovation isn’t necessarily at the top of the list. Changing The Approach To Innovation.

blockchain 165

blockchain Innovation Marketing Technology 165

PYMNTS

DECEMBER 12, 2018

11), Plaid announced $250 million in venture capital funding, bringing the total amount raised to date to $310 million, with a valuation of $2.65 This Series C round was led by venture capitalist Mary Meeker, with participation from Andreessen Horowitz , Index Ventures and Plaid’s previous investors Goldman Sachs , NEA and Spark Capital. “We’ve

Fintech 149

Fintech Capital Financial Technology Innovation 149

Bank Innovation

AUGUST 1, 2018

Zelle made a difference to the bottom line of financial technology provider Fiserv, the company reported on its earnings call yesterday. It was also noted that several banks — Fiserv serves some 13,000 financial institutions — saw a boost in transactions due […].

Financial Technology 170

Financial Technology Technology Report Company 170