PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels. Within the FinTech space, there may be a resurgence of sorts for one firm.

Capital 122

Capital Fintech Kansas United States 122

PYMNTS

JULY 8, 2020

Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. . The news service reports that the world’s most valuable tech “unicorn” had been looking to sell shares in Hong Kong and mainland China simultaneously, according to sources.

Groups 175

Groups Report Capital Regulation 175

PYMNTS

SEPTEMBER 11, 2019

Kuda, Nigeria’s first digital-only bank with a standalone license, has raised $1.6 million in pre-seed funding led by Haresh Aswani, as reported on Wednesday (Sept. Unlike other FinTech startups, Kuda was granted a banking license from the Nigerian Central Bank.

Digital Banking 181

Digital Banking Fintech Google Software 181

PYMNTS

FEBRUARY 21, 2020

To be the bank, buy the bank. Earlier this week, a FinTech took the leap into the full spectrum of financial services, perhaps paving the way for future mashups. The $185 cash and stock deal would bring an online bank with $1.4 The $185 cash and stock deal would bring an online bank with $1.4 Elsewhere, the U.S.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

OCTOBER 8, 2020

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. In addition, Monese adopted Thought Machine’s cloud banking platform. Alacriti Collaborates With The Clearing House on RTP.

Innovation 301

Innovation Technology Fintech Payments 301

PYMNTS

JANUARY 26, 2020

British banking unicorn Monzo is in talks with Japanese investment conglomerate SoftBank for financial assistance in its growth plans into the U.S. The digital bank is looking to raise around £100 million (nearly $ 130.6 The London-headquartered bank raised £113 million in June from the U.S. million USD) in new funding.

Los Angeles 193

Los Angeles Capital Digital Banking Fintech 193

PYMNTS

NOVEMBER 29, 2018

As evidence that sandboxes are ever-increasingly a global phenomenon, Kuwait’s central bank put forth guidelines this week that are geared toward companies seeking to meld financial technology (FinTech) and financial services (FinServ). The sandbox, Reuters reported, has four phases. FinTech Efforts In Africa.

Fintech 167

Fintech Guidelines Mobile Training 167

PYMNTS

JUNE 19, 2019

Royal Bank of Scotland (RBS) is pressing forward with its digital-first bank, targeting small and medium-sized businesses (SMBs), and reports have said the financial institution (FI) has chosen a leader for that initiative. financial services disruption, particularly in the small business banking landscape. .”

Digital Banking 122

Digital Banking Operations Lending Capital 122

PYMNTS

JANUARY 3, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Only two of the licenses will full digital banking licenses, while the other three will be wholesale banking licenses.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

PYMNTS

FEBRUARY 17, 2020

FinTech startup EasyEuro — based in both Paris, France and Shenzhen, China — has closed a $4 million pre-funding deal to launch a Neobank (a 100 percent digital bank) that will target Europe and China simultaneously, the company announced in a recent blog post.

Fintech 176

Fintech Capital Regional Digital Banking 176

PYMNTS

NOVEMBER 19, 2019

The Monetary Authority of Singapore is offering as many as five digital banking permits to non-banks to boost competition. Ant Financial is worth around $150 billion, making it one of the most valuable private sector FinTech companies in the world. billion) in capital and local control. billion ($1.1

Digital Banking 101

Digital Banking Capital Taxes Groups 101

PYMNTS

MAY 27, 2016

The digital banking industry is heating up — and fast. The following individual provider scores included in the report are determined based on the evaluation of the specific individual capabilities each provider offers. So, who are those top B2B and B2C digital banking players? They’re revealed below.

Digital Banking 116

Digital Banking Fintech Software Industry 116

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. the San Francisco-based online bank, had the last laugh. Varo is the first consumer FinTech to receive a new national bank charter from the U.S. To date, Varo has raised $419.4 million.

National 172

National Fintech San Francisco Connecticut 172

PYMNTS

NOVEMBER 9, 2020

FinTech Tide withdrew from the program citing inadequate funding, according to a report in The Guardian. . The FinTech lender Tide is scrambling to secure the funding necessary to offer BBL top-ups to its customers. The FinTech doesn’t qualify for the Bank of England’s term funding scheme aimed at small business lending.

Fintech 177

Fintech Lending Digital Banking Capital 177

PYMNTS

JANUARY 18, 2021

Singapore-based FinTech Grab is mulling a U.S. Reports of a possible IPO come in the wake of failed merger discussions with Gojek last month. Gojek has since moved on to engage in talks with Indonesia’s PT Tokopedia for a possible $18 billion merger that would also include an IPO, Bloomberg reported earlier this month.

Fintech 198

Fintech US Groups Management 198

PYMNTS

DECEMBER 17, 2020

Kakao Bank Corp. , a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. The timing of the IPO hasn't been decided, although Reuters reported that analysts predict it will happen in the second half of 2021.

Samsung 243

Samsung Digital Banking Security Fintech 243

Celent Banking

NOVEMBER 30, 2015

Fintech is booming. In 2013, according to a report by Accenture and CB Insights , total investment into Fintech was just less than $4 billion. Many are claiming the death of traditional banks, but I´m not sure these claims have merit. Banks will need to adapt to new behavioral patterns and trends in technology.

Fintech 100

Fintech Report Innovation Trends 100

PYMNTS

FEBRUARY 26, 2020

The London-based FinTech B-Social raised £7.8 million in seed funding as it prepares to rebrand as Kroo and become a full-fledged bank, reports said on Wednesday (Feb. The only investor revealed was Rudy Karsan from Karlani Capital; the others are undisclosed. banking license.

Fintech 130

Fintech Digital Banking Lending Meeting 130

BankInovation

SEPTEMBER 8, 2020

CB Insights last week unveiled its Fintech 250 list, which compiles what it deems the 250 best private fintech companies of 2020. “The The financial services industry continues to attract tech companies that transform how people and businesses spend, save, borrow, invest, and more,” the report read.

Fintech 64

Fintech Capital Digital Banking Industry 64

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. But when you look at business data, there's no FCRA.".

Fintech 198

Fintech Compliance Fraud social media 198

PYMNTS

NOVEMBER 22, 2019

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Venture Capital Funding. raised $10 million from SEB Bank and Seed Capital for its commercial card technology.

Strategy 109

Strategy Fintech Capital Lending 109

PYMNTS

APRIL 16, 2020

Although the Federal Reserve Board signaled its willingness to allow non-banks to participate in the Paycheck Protection Program (PPP) as part of the $2.2 trillion stimulus program passed by Congress last month, The Wall Street Journal reported that technology firms got off to a late start, at which point most of the cash was already gone.

Fintech 160

Fintech Lending Software Training 160

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Latency Advantages.

Fintech 211

Fintech Mobile Analysis Technology 211

PYMNTS

FEBRUARY 2, 2021

There is more than one way to embrace collaboration in today's business banking environment. City National Bank, Extend Pair On Virtual Cards. To launch its new virtual commercial card offering, City National Bank is working with FinTech Extend, the companies recently revealed. PNC Acquires Tempus Technologies.

Fintech 142

Fintech Miami National Data 142

PYMNTS

OCTOBER 22, 2020

The panel included: Doug Bergeron , managing partner at Hudson Executive Capital ; Ian Drysdale , executive in residence at Great Hill Partners ; Amit Jhawar , venture partner at Accel and Rick Roberts , analyst and portfolio manager at Vulcan Capital. It is extremely difficult to succeed as a bank,” he said. Challenges .

Fintech 169

Fintech Capital Innovation Data 169

PYMNTS

JANUARY 28, 2020

They are heavily regulated and require heavy investment,” both in terms of capital and human resources. “It It takes time and it takes capital [to go deeper into digital],” he continued. “It But such shifts must happen, lest those banks get left behind. But such shifts must happen, lest those banks get left behind.

Fintech 169

Fintech Digital Strategies Mobile Resources 169

PYMNTS

JUNE 16, 2020

Monzo’s precipitous drop in value was revealed when the virtual bank recently landed $75 million in new funding to weather the coronavirus crisis from a group of investors that reportedly includes Vanderbilt University and Swiss fund Reference Capital. However, this new injection of capital values Monzo at $1.5

Capital 236

Capital Analysis Digital Banking Report 236

PYMNTS

SEPTEMBER 11, 2019

Banking on Banking Licenses. As reported in this space, and via announcement sent to PYMNTS, the company’s CEO and Founder Neil Ambikar said that the firm will look to accelerate growth, with an eye on rolling out application programming interface (API) enabled banking services. In the United Kingdom. In the U.K.,

Digital Banking 177

Digital Banking Regulation Payments cryptocurrency 177

PYMNTS

JANUARY 13, 2021

In today’s top digital-first banking news, Singapore tech startup Sea has reportedly bought Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE), while credit union service organization (CUSO) PSCU has lengthened its payment processing collaboration with Fiserv. Singapore Tech Startup Sea Buys Indonesian Bank BKE.

Digital Banking 141

Digital Banking ATM Capital Regional 141

PYMNTS

MAY 5, 2020

London-based FinTech Revolut is planning to tap the $500 million it got from investors to acquire competing technology firms suffering from the impact of the global coronavirus pandemic. Since its founding days, the FinTech has expanded its offerings to include cryptocurrency trading, business banking and more.

Fintech 175

Fintech Cards cryptocurrency Capital 175

PYMNTS

JULY 6, 2017

French startup Qonto has officially launched its corporate digital banking solution. The company said this week that businesses can now open a bank account on its website, with customers able to access digital and mobile banking services for a monthly fee. million in venture capital this year.

Digital Banking 100

Digital Banking Capital Cards Mobile 100

PYMNTS

NOVEMBER 9, 2020

Plus, Lloyds Bank partners with a FinTech to streamline supply chain finance, Expensemanager collaborates to automate expense management and Xendoo pairs up on accounts receivable optimization. Lloyds Bank, Demica Team up for SCF Digital Onboarding. businesses and affiliates, a press release says.

Payments 190

Payments Software Digital Banking Fintech 190

PYMNTS

MAY 18, 2018

million in the largest investment round ever for a FinTech that operates exclusively in the continent. Find out who raised the money, and other winners of this week’s B2B venture capital roundup, below. Small Business Banking. Partech and Digital Currency Group also participated in the round, reports said.

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

JANUARY 15, 2021

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup X1 notched $12 million in a funding round headed up by Spark Capital. Plus, the Federal Reserve’s Beige Book report noted that the U.S.

Cards 152

Cards California Capital Tools 152

PYMNTS

JANUARY 14, 2021

Southeast Asian FinTech Grab Financial Group announced in a press release that it has raised $300 million in a Series A funding round. Other investors in the round include K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures , the release stated.

Groups 204

Groups Regional Fintech Management 204

PYMNTS

SEPTEMBER 21, 2020

In today’s top news in digital-first banking, Next Insurance is aiming to raise new capital that would value the FinTech startup at $2.25 Digital small business insurance provider Next Insurance is negotiating an arrangement to bring in new capital that would reportedly value the FinTech upstart at $2.25

Resources 223

Resources Capital Fintech Cards 223

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Digital banks. Blockchain. Blockchain.

Fintech 183

Fintech blockchain Lending Digital Banking 183