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Mastercard Leads Investment In Mobile FinTech Mobeewave

PYMNTS

million Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital. We are delighted to have closed our Series B round of funding, led by NewAlpha and Mastercard, and including Forestay Capital,” said Benjamin du Haÿs, CEO and co-founder of Mobeewave.

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Distributed Ledgers Expected to be Most Prominent Financial Technology in 2019, Poll Finds

Bank Innovation

Distributed ledger technology will be crucial to innovation in digital banking this year, according to a poll conducted by Bank Innovation. For the December poll, Bank Innovation asked readers to name a technology, aside from the obvious - artificial intelligence, that would be most prominent in 2019.

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Today In Payments Around The World: Mynt Lands $175 Million In Funding; Airtel Teams With Amazon On Video

PYMNTS

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. Mobile Wallet Provider Mynt Pulls in $175 Million in Funding.

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More Bank-Fintech Partnerships Emerge as Groups Embrace Digital

Banking Exchange

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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3 Notabale VC Rounds in Alternative Credit

Bank Innovation

In the second quarter alone, funding for financial technology companies around the world reached $20.3 Right now, venture capital firms, banks, and investors are pouring funds into companies Artifical Intelligence, the clear flavor of the year. Fintech funding this year has been on the rise. billion in nearly 400 deals.

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VC Firm Greycroft Raises $680M In Search Of Next Venmo, Subscription Startups

PYMNTS

Venture capital firm Greycroft , based in New York and Los Angeles, has raised $680 million to fund new startups, according to Bloomberg , looking for "the next Bumble or Venmo.". Axios Media , mobile games publisher Scopely and the Gwyneth Paltrow-started lifestyle startup Goop are all among Greycroft's existing profile.

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VCs And SPACs Raise $1B+ To Invest In Cloud, AI And More Despite Pandemic

PYMNTS

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.