PYMNTS

JANUARY 18, 2021

Singapore-based FinTech Grab is mulling a U.S. Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures.

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Fintech US Groups Management 198

PYMNTS

OCTOBER 8, 2020

Also seen in this week’s roundup of the latest in Bank-FinTech innovations was Alacriti teaming with The Clearing House on real-time payments (RTP), while Singapore Banking-as-a-Service (BaaS) startup RootAnt concluded a seed round with $1.46 In addition, Monese adopted Thought Machine’s cloud banking platform. Europe and South Africa.

Innovation 301

Innovation Technology Fintech Payments 301

PYMNTS

MAY 10, 2018

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.

Capital 122

Capital Fintech Kansas United States 122

PYMNTS

JANUARY 17, 2019

General Electric ‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance platform for an undisclosed sum.

Capital 150

Capital America blockchain Regulation 150

PYMNTS

APRIL 26, 2019

operations. It’s also struggling with a lack of capital, which prompted the move. In a letter on its webpage, Sinemia said it was ending operations in the U.S. market and the core economics of what it costs to deliver Sinemia’s end-to-end experience ultimately lead us to the decision of discontinuing our U.S.

Operations 122

Operations Fraud Capital Analysis 122

Bank Innovation

APRIL 21, 2017

Raising capital is a crucial step for any startup trying to build its way up the fintech ladder. However, when it comes to VC funding, the actual capital is the “least important part of the transaction,” according to Bruce Wallace, chief digital officer at Silicon Valley Bank. “I

Capital 230

Capital Video Fintech Operations 230

PYMNTS

SEPTEMBER 18, 2018

Singapore Signs On With FinTech Firms. In Singapore, news came this week that the country will open up its real-time payment system to FinTech firms. The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets. In The Middle East.

Fintech 166

Fintech New York US National 166

PYMNTS

OCTOBER 6, 2017

5) said Tata Capital and Capital Float are teaming up, a deal in which Tata Capital will provide working capital loans to SMBs borrowing through Capital Float’s platform. Our alliance with Capital Float is another step toward strengthening our market position,” the executive added. “Our

Capital 139

Capital Lending National Fintech 139

Lex Sokolin

FEBRUARY 18, 2021

The average size is about $300 million, and quite a few are focusing on Fintech and financial services. Here, for comparison, is similar data on venture capital funds?—?printing Let’s narrow down the story to Fintech, using data from Spactrack. That is a 100% increase in capital looking for quality fintech assets.

Capital 52

Capital Fintech US Lending 52

Lex Sokolin

FEBRUARY 18, 2021

The average size is about $300 million, and quite a few are focusing on Fintech and financial services. Here, for comparison, is similar data on venture capital funds?—?printing Let’s narrow down the story to Fintech, using data from Spactrack. That is a 100% increase in capital looking for quality fintech assets.

Capital 52

Capital Fintech US Lending 52

PYMNTS

NOVEMBER 18, 2016

KPMG had some bad news for the FinTech world this week. Along with CB Insights, KPMG researchers found in their latest quarterly analysis that FinTech investment by venture capitalists declined across the globe in Q3 of this year. Their “ Pulse of Fintech “ report found $2.4 Alternative Lending. P2Bi nvestor.

Fintech 100

Fintech US Capital Community 100

PYMNTS

AUGUST 21, 2019

The Banking & Payments Federation Ireland said it had established a FinTech Foresight Group — further evidence of collaborations between traditional financial institutions and tech upstarts. That series will focus on global technology trends across financial services and how FinTechs and banks can work together across those efforts.

Fintech 174

Fintech Guidelines Policies Regulation 174

BankBazaar

MAY 7, 2024

BankBazaar.com, India’s leading fintech co-branded Credit Card platform and online platform for free Credit Score, marks its third consecutive year of fast and sustainable growth, with an unaudited operating revenue of Rs.215 The collaboration between FinTechs and banks is pivotal in shaping the future of financial services.

Branding 78

Branding Cards Fintech Leadership 78

PYMNTS

OCTOBER 8, 2020

8) announced a beta offering called Line of Credit that it says lets its FinTech customers use the XRP digital currency to send cross-border payments. With a line of credit from Ripple, your financial institution can use XRP to complete instant, low-cost cross-border transfers,” the company said in its announcement. “We

Capital 250

Capital blockchain Operations Payments 250

PYMNTS

AUGUST 12, 2019

While Credibly’s commentary suggests demand is up for alternative lenders and FinTechs, separate data from the Biz2Credit Small Business Lending Index revealed traditional banks are also seeing an increase in approved small business loan volume. operations have seen challenges — and the company has decided to delay a launch in Canada.

Lending 144

Lending US Capital Data 144

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Mastercard Taps FinTech for Biz Card Boost. Bankin’ Steps Into Payments APIs.

Data 161

Data Fintech Cards Software 161

PYMNTS

JANUARY 15, 2019

million for the company, marking one of the biggest investment rounds for a FinTech company in Northern England. Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. and U.S.,

Security 143

Security US Payments Big Data 143

PYMNTS

NOVEMBER 4, 2019

Ebury operates in 19 countries and will expand in Latin America and Asia with Santander’s investment. The bank expects a return on invested capital higher than 25 percent in 2024. Ebury was the first FinTech to go live in 2018 with SWIFT’s global payments innovation. The deal is expected to value Ebury at around £700 million.

Fintech 102

Fintech Capital America Payments 102

PYMNTS

JANUARY 7, 2021

Current investors Bessemer Venture Partners, Runa Capital and Acton Capital Partners also took part. The Berlin-based firm said it plans to use the money to speed up its expansion and “deepen its footprint” in the 50 countries where it currently operates, with a special focus on the United States, Japan and Brazil.

United States 255

United States Software Capital Fintech 255

Bank Innovation

DECEMBER 7, 2017

That’s why Zelle is so importance to us,” Moynihan […]. EXCLUSIVE – Bank of America seeks electronification of cash not only as way to better serve its banking customers but also as an excellent way to reduce costs: according to Bank of America CEO Brian Moynihan, this digitization of cash can save the bank billions of dollars.

America 218

America Operations US Cards 218

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. The second are firms that are attempting to operate as normal to hit their earnings and expansion goals.

Fintech 166

Fintech Technology Operations Company 166

PYMNTS

NOVEMBER 8, 2020

Lloyds Bank Commercial Banking has partnered with Demica , a working capital FinTech, to roll out a new supply chain finance platform for U.K. businesses and their suppliers, as well as help corporate treasurers and the vibrant community of SMEs they work with to better manage and enhance their working capital.”.

Capital 187

Capital Fintech Community Meeting 187

PYMNTS

OCTOBER 17, 2019

million (€10 million) led by Breega capital, with participation from Speedinvest. “We The investment provides us with substantial additional resources, allowing us to bring the company to the next level,” Antoine Orsini, CEO and co-founder of Lemon Way, told Aithority. that caters to millennials. that caters to millennials.

Fintech 100

Fintech Capital Millennials US 100

PYMNTS

JANUARY 28, 2020

The problem often stems from the environment in which they are operating — one that can put the brakes on innovation, even when innovation is key to thriving. They are heavily regulated and require heavy investment,” both in terms of capital and human resources. “It The age of personalized service is upon us. Younger Consumers.

Fintech 169

Fintech Digital Strategies Mobile Resources 169

PYMNTS

JULY 12, 2019

Visa is committed to its mission of ensuring smooth operation of non-cash payments for all participants of the payment system — banks, merchants [retail businesses] and consumers,” Visa said, adding that it won’t talk third-party opinions “based on assumptions and personal view of the author.”. We do not see reasons for concern.”.

Payments 108

Payments US System Capital 108

PYMNTS

DECEMBER 28, 2020

The news agency said that while Pan stopped short of calling for Ant’s breakup, officials want the firm to set up a separate holding company to ensure its capital adequacy and regulatory compliance. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

US 168

US Regulation Groups System 168

PYMNTS

JUNE 24, 2019

In B2B payments, corporates’ continued use of paper checks confounds FinTech firms working to give businesses more affordable, faster and more efficient payment options. Yet, for many business payers, the reason for using checks can be quite straightforward: It’s simply the way payments have always been made.

US 186

US Payments Data Fintech 186

Bank Innovation

JUNE 23, 2017

INV Fintech, the sister accelerator to this site, announced its third cohort of startups today. Here are the five companies of Class 3 of INV Fintech: CoverHero is an intelligent insurance roboadvisor that helps users manage, understand, and buy […].

Fintech 218

Fintech Management Company social media 218

PYMNTS

JANUARY 7, 2020

Singapore’s FinTech firm ADVANCE.AI , Hong Kong’s financial services company Sheng Ye Capital and Singapore’s firm Phillip Capital are the most recent in a series of contenders for critical business permits in Singapore. billion in capital on hand, and be governed by Singapore leadership.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

PYMNTS

NOVEMBER 12, 2020

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. Visa Launches FinTech Collaboration Initiative In Europe. Poland's mBank Taps Treasury Pricing FinTech.

Fintech 220

Fintech User Experience System Data 220

PYMNTS

JUNE 27, 2019

With the growth capital they invest, we are able to further accelerate our growth internationally. Their knowledge, vast network and international contacts will enable us to meet our goal of becoming the global leader in the digital top-up market.”. We are excited to have Prime Ventures on board.

Groups 151

Groups Fintech Branding Resources 151

PYMNTS

NOVEMBER 22, 2020

Danske Bank , the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards, a report from Crowdfund Insider says. Mastercard also rolled out a service to help with working capital and automation. This shows on the bottom line.

Cards 221

Cards Payments Innovation Regional 221

Bobsguide

MARCH 21, 2022

FinTech Person of the Year: Alexander Sokol, CompatibL. Show us your support and vote for CompatibL here: [link]. CompatibL is proud to have been nominated in the following categories in this year’s FTF News Technology Innovation Awards: 5.Best Best Cloud-Native Computing Initiative: CompatibL Cloud Platform.

Innovation 147

Innovation Technology Risk Management Analytics 147

PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. The company said it will use the funding to focus on growth. PYMNTS breaks down the latest deals below. Cybersecurity. Back-Office.

US 116

US Capital California San Francisco 116

CB Insights

APRIL 2, 2019

At the beginning of 2018, there were 25 VC-backed fintech unicorns around the world, worth a cumulative total of almost $76B. GET THE 106-PAGE FINTECH TRENDS REPORT. Only 3 fintech companies went public in 2018. Read about the data behind this trend and more in our Fintech Trends Report.

Fintech 73

Fintech Company Trends Operations 73

CB Insights

OCTOBER 21, 2018

CB Insights unveiled the second annual Fintech 250 — a list of 250 of the most promising private companies applying a mix of software and technology to transform the financial services industry. THE FINTECH 250 STORY. CB Insights clients can view the full Fintech 250 story by clicking the button below. Please click to enlarge.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

MARCH 19, 2019

Santander InnoVentures, Santander Group’s global corporate venture capital fund, announced Tuesday (March 19) its appointment of Chris Gottschalk as a senior adviser to lead the $200M fund’s strategic direction in the U.S. Prior to Blumberg, Gottschalk worked at Menlo Ventures. said Gottschalk.

America 161

America San Francisco Fintech Capital 161