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FinTechs Help Main Street Find Its Footing

PYMNTS

With 90 percent of SMBs reporting that they have been negatively impacted by the coronavirus, according to PYMNTS research, it’s clear that Main Street cannot afford to sit idle. FinTech Eases The Business Model Shift. Even the B2B arena is facing pressure to switch gears and collaborate with FinTechs.

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Japanese FinTech Kyash Notches $45M Despite Pandemic

PYMNTS

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Goodwater Capital also invested in Kyash’s Series B Round. growth equity investment firm Greyhound Capital; U.S.

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PPP: Paycheck Protection or Main Street SMB Rescue Program?

PYMNTS

Part of the “necessary” requirement included the lack of access to other capital. Could access to capital mean having deep-pocketed board members who the Treasury Department now considers legitimate providers of capital, making the PPP funds recipient in violation of the standards?

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Global Fintech M&A Deals Set to Outpace Last Year

Bank Innovation

Fintech M&A deals have sustained volume and value this quarter. During 2Q 18, fintech deals totaled $12.7 This boost in transaction volume is mainly due to the consolidation of sectors, according to KPMG’s biannual “Pulse of Fintech” report. billion, up from $7 billion in 2Q17. Major deals such as PayPal’s $2.2

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Who Invests in FinTech in Brazil: Know the Main Players

Let's Talk Payments

Brazil is among the most attractive places to invest in FinTech and has already attracted the attention of several global venture capital and private equity funds. Thr top three FinTechs.

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JPMorgan, IFC lead $27M investment for Colombian fintech

BankInovation

are leading a $27 million round of investment in KLYM, a data-driven fintech that focuses on providing working capital to small and midsize companies in Latin America. KLYM will use the capital to expand, with Brazil as the main priority in 2023, Diego Caicedo, co-founder and chief […] JPMorgan Chase & Co.

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Indonesian FinTech LinkAja Closes $100M Series B Led By Singapore Super App Grab 

PYMNTS

Indonesian FinTech LinkAja closed a series B funding round led by Singapore super app Grab, with participation from Telkomsel, BRI Ventura Investama and Mandiri Capital Indonesia. . “We LinkAja is among the only FinTech startups created by BUMN. We are very enthusiastic about joining Grab as one of our shareholders.

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