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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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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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How 5G Will Shake Up Banking and FinTech?

PYMNTS

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.

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Judo Capital Taps VERMEG For Reporting Compliance

PYMNTS

Australian challenger bank Judo Capital has chosen VERMEG , a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements as it pursues its full banking license. “Regulatory reporting is an essential function for Judo.

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Capital One Gauges Payment Execs’ Tech Appetite

PYMNTS

Capital One released a new survey Thursday (April 6) to uncover why payment professionals who aware of the benefits of new technologies are holding themselves back from actually adopting those tools. Capital One and the NAPCP also found patterns based on the size of the company in which a payments professional works.

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FinTech Firms Show Banks The ‘Art Of The Possible’ In SMB Lending

PYMNTS

So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. “We all know banks are a key source of capital for small and medium businesses,” Phelan told PYMNTS in a recent interview. Yet, the small business lending gap remains.

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