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In B2B, FinTech And Banks Eye (And Serve) SMB Capital Needs

PYMNTS

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. ”

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Becoming a “Bahama Mama” Crypto-Style: A Closer Look at The Digital Asset Landscape in The Bahamas

Perficient

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. In 2022, FTX broke ground on its new headquarters in Nassau, the country’s capital. The Pros and Cons of a Potential U.S.

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Lendbuzz FinTech Raises $150M In Debt And Equity Financing

PYMNTS

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation from existing investors. Data shows that more than 43 million foreign born nationals live in the U.S., credit history to help them secure financing for auto loans.

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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. Globe Fintech, which is called Mynt, said Bow Wave Capital Management and existing investors took part in the fundraise.

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Fintech Deals Are Still Happening – and It’s a Good Thing

Gonzobanker

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2 customer impact.

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EU Banks Investigated For Blocking FinTech Access To Customer Data

PYMNTS

EU antitrust authorities have launched an investigation into whether Dutch and Polish banking associations and their members are blocking FinTech companies from accessing customer account data. The investigation is focusing on whether banks and their national industry associations acted as a cartel or abused their dominance.

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SMBs Accuse Kabbage Of Abruptly Canceling Credit

PYMNTS

Paul Bernardini, a company spokesperson, said in a statement that was cited by the outlet, “Like many other FinTechs, we have temporarily adjusted our lines of credit and are focused on supporting the SBA’s Paycheck Protection Program.”. and OnDeck Capital Inc. Lenders such as Fundbox Inc.

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