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

PYMNTS

FEBRUARY 23, 2020

Credit Karma offers a number of services including free access to one’s credit score and borrowing history, alerts to potential data breaches, and tax preparation and filing. Credit Karma was valued at $4 billion in a private share sale around two years ago. The company makes money when users use those products.

Report 180

Report Taxes Online Financial Technology 180

PYMNTS

NOVEMBER 12, 2020

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. FinTech partners include small business credit risk analysis company AccountScore and small business data company Codat.

Fintech 220

Fintech User Experience System Data 220

PYMNTS

SEPTEMBER 29, 2020

With more countries and regions embarking on the modernization of their payments systems to capitalize on real-time technologies and customer demand, the market opportunity is significant,” said Paul Stoddart , Mastercard president of new payment platforms. Payments giant Mastercard, based in Purchase, N.Y.,

Payments 248

Payments System cryptocurrency Regional 248

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

PYMNTS

SEPTEMBER 6, 2019

But it was a Singapore startup building out a holistic suite of small business financial services that landed the largest round this week, by far. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

Fintech 155

Fintech Capital Lending Operations 155

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

FEBRUARY 28, 2020

It takes significant financial resources to maintain the entire payment contraption — and it also requires funding to add to that system from a capital improvement or innovation perspective in addition to the people costs. FinTechs, such as Modo, handle the technology and the data security issues.

Company 209

Company Fintech Payments Software 209

PYMNTS

DECEMBER 18, 2019

Late payments and lack of working capital, [and]/or inadequate cash flows, are the main challenges that [SMBs] face. Lendo is a licensed FinTech sandbox that uses data points and modern underwriting techniques. Lendo is backed by three venture capital firms in the Middle East, as well as a group of angel investors in the area.

Capital 131

Capital Maine Lending Financial Technology 131

PYMNTS

OCTOBER 22, 2018

financial technology startup backed by Goldman Sachs , is expanding overseas. and the rest of Europe, noted the report, citing data from Accenture. According to the data, U.K. They have the most advanced card issuing technology in the category, and they have assembled an extraordinary team of industry leaders.”.

Las Vegas 142

Las Vegas Cards Conference Capital 142

PYMNTS

JANUARY 29, 2019

Financial technology startups were able to raise $39.57 Reuters , citing data from CB Insights, reported the funding was on a global basis and was raised via 1,707 deals. billion in venture funding last year, marking a 120 percent increase from 2017. The number of deals is also up from the 1,480 in 2017. In the U.S.

Fintech 184

Fintech Capital Financial Technology Report 184

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). Open Financial Technologies. India’s Open Financial Technologies raised $4.6 Starling Bank. OakNorth wasn’t the only U.K.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

CFPB Monitor

OCTOBER 11, 2018

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. Office, participated in a panel on data, privacy, and fraud prevention policy. Questions directed at Ms.

Policies 60

Policies Lending Data Online 60

PYMNTS

AUGUST 4, 2020

Such dealings involve companies such as small business lending platform Kabbage , Ansonia Credit Data and B2B credit and payments systems provider MSTS. The complicated transaction includes commitments for a $250 million common stock private placement from investors that include Franklin Templeton and Wellington Management Company.

Fintech 159

Fintech Software Lending Financial Technology 159

Bobsguide

JULY 21, 2022

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

New York 87

New York Software Capital Leadership 87

PYMNTS

OCTOBER 2, 2019

Believe it or not, bitcoin is no longer the most used cryptocurrency, with data from CoinMarketCap.com revealing that the token with the highest daily and monthly trading volume is Tether. Some of the concerning potential patters of trading in the market may start to fall away.”.

Bitcoin 141

Bitcoin San Diego cryptocurrency Security 141

PYMNTS

NOVEMBER 15, 2018

The market capitalization of bitcoin, the leading cryptocurrency, declined to under $100 billion for the first time since October of 2017 amid a steep sell-off in digital tokens Wednesday (November 14). CNBC noted that data from Coindesk showed XRP having a higher market cap of $18.44 billion, versus Ether’s $18.26

Bitcoin 134

Bitcoin cryptocurrency Marketing Capital 134

PYMNTS

DECEMBER 14, 2018

million in venture capital funding from Goldman Sachs , JPMorgan Chase , Citigroup and Credit Suisse. These errors are usually handled manually through numerous phone calls and emails between firms, but the startup’s technology aims to reduce the time and resources needed by helping FIs communicate with each other.

Fintech 135

Fintech Resources Capital Financial Technology 135

PYMNTS

JANUARY 15, 2019

. “We are one of a few players in the world focusing on that space,” said AccessPay CEO Anish Kapoor, adding that the company addresses the friction associated with back-end corporate financial technologies operating in siloes. ” Beringea, based in both the U.K. and U.S., In 2017, it co-led a $15.2

Security 143

Security US Payments Big Data 143

PYMNTS

JANUARY 7, 2021

Creation of the new unit would be part of a much larger overhaul of the financial technology company and subject to approval by Chinese authorities, who pulled the plug on the company’s massive initial public offering late last year, according to Bloomberg. On Tuesday (Jan.

Groups 141

Groups Regulation Lending Operations 141

Fintech Labs Insights

AUGUST 30, 2016

Aspire was created in 2015 with a vision of re-imagining the technology infrastructure in the alternative and asset-backed lending markets. Data management and analytics tools to provide standardized data reviews. His experience includes senior management roles at AT&T Capital, Associates Fleet Services, and GE Capital.

Financial Technology 16

Financial Technology Technology Analytics Leadership 16

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

PYMNTS

OCTOBER 29, 2018

The investments in the mobile payment companies also underscore the fact that the financial technology industry is starting to mature. It is now a sector with $35 billion in venture capital flowing its way as of the first nine months of this year, noted The WSJ , citing data from Dow Jones VentureSource.

Fintech 139

Fintech Capital Financial Technology Industry 139

PYMNTS

JULY 28, 2016

Financial services company Enova has a new chief financial officer, and he is reportedly looking to take the company in a new direction. The financial technology and data analytics firm has traditionally focused on the consumer finance space in its lending operations.

Analytics 100

Analytics Lending Data Customer Experience 100

PYMNTS

SEPTEMBER 18, 2020

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Now: Market caps are a simple, loose shorthand for how much it would take to acquire a company (without necessarily taking into account capital structure).

Los Angeles 231

Los Angeles UX Cards FDIC 231

PYMNTS

AUGUST 8, 2019

Rapid changes in financial technology are reshaping the future of the global banking industry, especially here in China, which is home to some of the world’s most established companies leading the way in areas like artificial intelligence and Big Data,” said Standard Chartered Bank China CEO Jerry Zhang in a statement.

Innovation 100

Innovation San Francisco Leadership Big Data 100

PYMNTS

NOVEMBER 21, 2016

PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. However, total investment in these startups — venture capital, in addition to angel, hedge fund and mutual fund investment and more — topped $17.8

Strategy 100

Strategy Lending Capital America 100

PYMNTS

JUNE 20, 2016

Plaid’s APIs allow developers to build financial services applications by providing high-quality transaction data to bank accounts’ authentication tools and comprehensive analytics to reduce fraud. We are excited to partner with Plaid and support the business as it continues to enable financial innovation.”.

Technology 101

Technology San Francisco Fintech Financial Technology 101

PYMNTS

OCTOBER 11, 2018

Mitek Systems , the financial technology provider to banks, is pushing back from a takeover offer from Elliott Management , the hedge fund and ASG Technologies , the software company. It also wants to increase the development of Mitek’s technology that helps banks verify the identities of customers.

System 108

System Technology Management Montana 108

Gonzobanker

AUGUST 17, 2022

Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Keep an eye on the initial banks working on these projects. Digital Engagement Had Great Attendance and Extracurriculars.

Fintech 184

Fintech Lending Software Compliance 184

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. keep me informed. Whitepaper. Asset Liability Modeling.

Community 195

Community Lending Maine Resources 195

PYMNTS

DECEMBER 5, 2019

While there are scenarios in which wire and ACH, and even checks, could be an appropriate payment method, corporate cards can help suppliers save money by serving as an alternative to the more expensive tactic vendors use to access working capital in a timely manner. That’s the big ‘a-ha’ moment.”.

Cards 132

Cards Payments Technology Tools 132

PYMNTS

JUNE 1, 2017

Stripe, a San Francisco-based payment service provider that specializes in online transactions, is expanding its arsenal of financial products to cater to the needs of data-hungry businesses. For example, an individual could uncover data surrounding the number of orders over $500 from a specific country.

Analytics 106

Analytics Tools San Francisco Data 106

Insights on Business

DECEMBER 10, 2017

Banks, on the other hand, in addition to understanding complex regulations and having greater access to capital, know their customers and have their trust. For banks, APIs bring an opportunity to easily integrate and experiment with new financial technology, and how to implement it into their sector. Banks are also innovators.

Fintech 115

Fintech social media Apple Google 115

PYMNTS

SEPTEMBER 18, 2020

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Now: Market caps are a simple, loose shorthand for how much it would take to acquire a company (without necessarily taking into account capital structure).

Los Angeles 140

Los Angeles UX Cards FDIC 140

PYMNTS

APRIL 7, 2020

For Bottomline Technologies , the opportunity emerged with Friday’s launch of the $350 billion Paycheck Protection Program (PPP) under the CARES Act. Both categories stand to gain from automated financial technologies. The second are firms that are attempting to operate as normal to hit their earnings and expansion goals.

Fintech 166

Fintech Technology Operations Company 166

PYMNTS

MAY 28, 2019

The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. It also shows that the financial toll is substantial and a victim can be anyone who uses a connected device.” And some marketplaces in Asia are growing their services through tie-ups.

Apple 159

Apple Mobile Fraud Branding 159