PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Aspire Financial Technologies.

Fintech 155

Fintech Capital Lending Operations 155

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. According to the banks that have linked with FinTech firms, such guidelines would help relationships between the parties.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

MARCH 13, 2019

Naspers, Africa’s largest company based on market value, is gearing up to spend $1 billion in India in the form of investments focused on the financial technology market. At the time Naspers said proceeds would go toward growth opportunities in global classified, online food delivery and FinTech. percent from 33.2

Fintech 123

Fintech Capital Online Financial Technology 123

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. That doesn’t mean it’s been easy. But in a new PYMNTS interview on Tuesday (Dec. But that’s not all. “We

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

FEBRUARY 19, 2019

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. 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.

Fintech 173

Fintech System Mobile Payments 173

Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

Fintech 150

Fintech Financial Technology Trends Technology 150

PYMNTS

MAY 29, 2018

Rocket Internet , the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports Reuters. Rocket CEO Samwer did note that Jumia, which is still losing money, may need to raise capital during the next two years.

Fintech 122

Fintech Groups Capital America 122

PYMNTS

APRIL 7, 2020

While some firms are adjusting the assembly lines of their manufacturing warehouses to produce much needed personal protective equipment, FinTechs have found themselves in a different position to provide valuable assistance. Both categories stand to gain from automated financial technologies. Easing The PPP Loan Burden.

Fintech 166

Fintech Technology Operations Company 166

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

AUGUST 25, 2019

Chinese social eCommerce platform Wanwu Xinxuan has raised $20 million in a Series B round of financing led by Fresh Capital, with participation from Redpoint China Ventures, according to Deal Street Asia. Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories.

Data 109

Data Fintech Lending Regional 109

PYMNTS

JANUARY 13, 2021

The purchase is said to be in line with Sea’s aim to expand its position as a FinTech trailblazer throughout the region. Since then, PSCU has migrated from being a transaction processing service reseller to a FinTech provider helping credit unions (CUs) and their members. and PT Danadipa Artha Indonesia. billion transactions annually.

Digital Banking 141

Digital Banking ATM Capital Regional 141

CB Insights

APRIL 22, 2020

Unlike larger, more established firms, they have small cash buffers and depend on external capital to sustain growth. GET THE 102-PAGE State of fintech REPORT. Below, we dig into how the financial difficulties that many SMBs face could impact fintech companies (especially B2B fintech startups).

Fintech 87

Fintech Lending Online Examples 87

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18. The 2019 Canadian fintech market map. Capital markets.

Fintech 93

Fintech Marketing US Technology 93

Bank Innovation

MARCH 1, 2019

Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor. This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

APRIL 21, 2020

The FinTech company SoFi is making its first leap to go global with a big move into Hong Kong. The opening of a Hong Kong outpost is part of SoFi’s bid to acquire online brokerage firm 8 Securities, while expanding its business and serving up commission-free trading there.

San Francisco 130

San Francisco Innovation Fintech Security 130

PYMNTS

JANUARY 21, 2020

The startup said this was the largest funding round ever for a French FinTech. The startup has said that business banking on the continent needs to be repaired, and that it can provide a much better experience with its mobile and online-first offerings. . It also plans to hire more employees with the capital. million.

Capital 131

Capital Digital Banking Compliance Mobile 131

PYMNTS

JANUARY 26, 2017

In this week’s Tech Center tracker, we take a look at how Dubai is giving FinTech hubs around the world a run for their money. Dubai is considered to be a hotbed for financial technology and innovation, not just in the Middle East but globally. FinTech Hive Generates Buzz.

Fintech 100

Fintech Regional Innovation Leadership 100

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. 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. Questions directed at Ms.

Policies 60

Policies Lending Data Online 60

PYMNTS

SEPTEMBER 18, 2020

And within FinTech, that most incandescent of sectors, things might look a bit, well, frothy. What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Perhaps “overly optimistic” might be the mindset that marks private markets.

Los Angeles 231

Los Angeles UX Cards FDIC 231

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. billion was invested in FinTech startups in Q3 2016 , calculated KPMG and CB Insights in their most recent Pulse Of Fintech report. and Europe dominated in 2015. 83% of U.S.

Strategy 100

Strategy Lending Capital America 100

PYMNTS

JANUARY 18, 2017

The financial technology firm revealed it will offer banks access to its peer-to-peer lending technology to help banks compete with younger alternative lenders in the industry. Misys is offering banking clients access to its P2P lending software, reports said Tuesday (Jan.

Lending 100

Lending Software Financial Technology Online 100

PYMNTS

SEPTEMBER 18, 2020

And within FinTech, that most incandescent of sectors, things might look a bit, well, frothy. What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Perhaps “overly optimistic” might be the mindset that marks private markets.

Los Angeles 140

Los Angeles UX Cards FDIC 140

PYMNTS

NOVEMBER 11, 2016

The country has the largest online market in Europe, with an estimated 66 million Russians accessing the internet. A renewed focus has been placed on researching and testing blockchain applications, as well as pushing the development of information and financial technology within the country, The CoinTelegraph reported. “It

blockchain 165

blockchain Innovation Marketing Technology 165

PYMNTS

FEBRUARY 1, 2017

That capital is earmarked toward helping the firm’s balance sheet ahead of new capital rules that go into effect within the next two years. The German FinTech startup has raised $64 million cumulatively and will use that money to expand its banking platform across Europe. The latest funding round was led by Thrive Capital.

Industry 100

Industry Data Capital System 100

PYMNTS

JULY 10, 2018

Financial technology seems to be leading the startup charge, representing 40 percent of the largest 10 deals of the year so far, collectively worth $100 million. So why the boom? The Branch app is that more muscular service, built from the ground up to analyze all kinds of information on users’ phones.

Lending 100

Lending ATM Online Course 100

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. FDIC-insured deposits largely solve this problem for banks. Core deposits also come at much lower costs.

Community Bank 70

Community Bank Community Lending FDIC 70

PYMNTS

SEPTEMBER 7, 2018

The packages come without blackout dates, surge pricing or any limits on when users can see blockbusters, a recent change announced by MoviePass , which also raised its prices as it struggled with capital. This is a financial technology business.”. Ticketing App.

United States 118

United States Maine Mobile Financial Technology 118

Fintech Labs Insights

NOVEMBER 12, 2015

It was a quieter week in fintech fundings. Other than Blackstone’s $820 million bet on what is likely the oldest financial technology company on the planet, NCR founded in 1884 as National Cash Register, just $82 million flowed to the under-100-year-old crowd. ATMs, POS & financial technology.

New York City 12

New York City Company Fintech San Francisco 12

NCR

FEBRUARY 14, 2017

‘If it ain’t broke, don’t fix it’, so the saying goes, but this approach could be risky as other banks may be embracing the wider changes in financial technology as they look to innovate and grow. The growth of fintechs and challenger banks means established FIs are facing more competition than ever.

Retail 75

Retail ATM Innovation Security 75

Fintech Labs Insights

JUNE 6, 2016

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). Capital Float. Working capital financing. Online financial advisor. Online payments & cash management for small businesses. Bridge Financial Technology. Back-office platform for financial advisors . billion Debt).

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

SEPTEMBER 29, 2016

million in new capital using the same convertible note strategy the company used last year to raise $2.2 Issuers can present their offerings to registered intermediaries in an online showcase, while giving intermediaries the ability to provide investors with a branded investment experience. WealthForge will raise $2.5

Virginia 12

Virginia Capital Strategy Online 12

Fintech Labs Insights

DECEMBER 28, 2015

But if there’s one in the fintech sector, the dozens of investors in these 23 companies didn’t get the memo. In the last full non-holiday week of the year, $685 million poured into fintech companies worldwide. Online identify verification. FinTech Group. Diversified financial technology provider.

Company 12

Company Fintech North Carolina California 12

Fintech Labs Insights

NOVEMBER 25, 2015

Building a new financial technology? Personal Capital lowers investment minimum from $100,000 to $25,000. Alumni updates: PRUDENA launches online marketplace for stock market research. Stay current on daily news from the fintech developer community! Paul Business Journal. The TRADE names Markit to its Hall of Fame.

San Francisco 12

San Francisco Minneapolis New York Conference 12

Fintech Labs Insights

NOVEMBER 18, 2015

Are you building new financial technology? We’re taking the fintech developer tool showcase to New York on March 29 & 30, 2016. Developer news: TechCrunch: Rakuten Launches $100 Million Global Fund For Fintech Startups. Thinking Capital earns Deloitte’s Technology Fast 50 Canada Awards.

San Francisco 12

San Francisco Cyber Security New York Conference 12

Fintech Labs Insights

JULY 22, 2015

We published our first fintech unicorn list in April 2014 with a mere 11 companies. Time will tell whether these valuation bets are temporary insanity from private investors or the beginning of a long cycle of re-imagining financial services. Here is the breakdown by fintech sector: Sector. Zhong An Online*.

Fintech 12

Fintech Lending Bitcoin Software 12

PYMNTS

JANUARY 27, 2021

Tat Capital Debuts Value-Add For Corporate Cards. Tat Capital launched a new solution in Australia aimed to help small- to medium-sized businesses (SMBs) make use of the credit lines available via their corporate cards in new ways.

Cards 237

Cards Capital Security Compliance 237

PYMNTS

JULY 10, 2020

Rapyd, the B2B financial technology-as-a-service company, launched an integrated payment solution in Mexico, allowing companies to access all local payment methods through one network, according to a news release. That round of funding came from new investment firm Durable Capital Partners. Morgan Global Payment Trends.

Payments 153

Payments America Capital Online 153