PYMNTS

MARCH 31, 2020

FinTech firm MatchMove has struck a deal to acquire a “strategic stake” in eCommerce solutions company Shopmatic, according to reports. Shopmatic said in an announcement that it would “leverage the MatchMove reach and network to originate new customers as well as accelerate our platform growth across the region.”

Fintech 168

Fintech Regional Security Lending 168

Bank Innovation

APRIL 19, 2019

Fintech in Southeast Asia is reaching new records for both deals and funding. The region, which includes countries like Vietnam, Indonesia and the Philippines, among others, is a widely under-banked market. In fact, according to a CB Insights report, published Wednesday, […].

Fintech 210

Fintech Marketing Regional Report 210

PYMNTS

DECEMBER 11, 2019

10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in the Middle East (the company is based in the United Arab Emirates), but also gave a larger view of the FinTech situation in that region as a new decade dawns. But in a new PYMNTS interview on Tuesday (Dec.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

DECEMBER 17, 2019

Chipper Cash, a FinTech startup in Africa that facilitates cross-border peer-to-peer (P2P) payment services in Kenya, Rwanda, Tanzania, Nigeria, Uganda and Ghana, has raised $6 million in a seed round led by Deciens Capital, according to a report. The last year has been a good one for Africa’s FinTech sector.

Fintech 130

Fintech San Francisco Marketing Montana 130

PYMNTS

JULY 24, 2019

Startup companies in Vietnam, ranging from FinTech to logistics and artificial intelligence, are attracting a record amount of venture capital money in the country, according to a report by the Financial Times. One of the companies attracting a lot of attention is FastGo, which is a competitor for ride-sharing company Grab.

Capital 120

Capital Regional Company Fintech 120

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Below, PYMNTS breaks down the latest in B2B FinTech funding. Meanwhile, logistics, data analytics, and business travel technologies also won over investors.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

NOVEMBER 29, 2018

As evidence that sandboxes are ever-increasingly a global phenomenon, Kuwait’s central bank put forth guidelines this week that are geared toward companies seeking to meld financial technology (FinTech) and financial services (FinServ). The sandbox, Reuters reported, has four phases. FinTech Efforts In Africa.

Fintech 167

Fintech Guidelines Mobile Training 167

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week. Yelo also plans to expand its team and invest in product development and sales, reports said.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

NOVEMBER 13, 2018

Collaboration amid competition has been a hallmark of the financial services space, as traditional financial institutions (FIs) join forces with FinTech startups. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge. and MarketInvoice. Here In The States.

Community Bank 183

Community Bank Community Fintech Arizona 183

PYMNTS

DECEMBER 3, 2019

London-based FinTech startup Rapyd has secured an additional $20 million in funding, bringing its valuation to $1.2 This latest round of funding comes from new investment firm Durable Capital Partners. Other investors included Tiger Global, Coatue, General Catalyst, Target Global and Entrée Capital.

Fintech 131

Fintech Capital Regional America 131

PYMNTS

FEBRUARY 17, 2020

FinTech startup EasyEuro — based in both Paris, France and Shenzhen, China — has closed a $4 million pre-funding deal to launch a Neobank (a 100 percent digital bank) that will target Europe and China simultaneously, the company announced in a recent blog post. Trade volumes between the regions were worth more than $320 billion in 2018. .

Fintech 176

Fintech Capital Regional Digital Banking 176

PYMNTS

APRIL 30, 2019

Investing on the part of venture capitalists in financial technology startups — otherwise known as FinTechs — declined during the first quarter of 2019, with China feeling the most pain. The number of deals did increase to 445 during the time frame, noted the report. billion in Europe during the first quarter with 102 deals inked.

Fintech 176

Fintech Millennials Regional Financial Technology 176

CB Insights

JUNE 10, 2022

The $100M Series B equity round drew participation from Mubadala Capital, while the $106M in debt financing was provided by TriplePoint Capital. <span Download the report to learn more.</p> q1 2022 brought a -18% decline in quarterly fintech funding. .</p> Download the report to learn more.

Capital 62

Capital Company Regional Fintech 62

PYMNTS

APRIL 9, 2019

In any number of countries spanning the globe, FinTech firms continue to make inroads into financial services, with at least some encroachment onto traditional players’ turf. The report, titled “IFZ FinTech Study 2019,” showed as many as 356 active FinTech companies in the space, up 62 percent year over year as measured in 2018.

Fintech 148

Fintech ATM Examples Report 148

PYMNTS

FEBRUARY 13, 2019

The partnership will enable Bithumb to further expand in the Middle East and North Africa (MENA) region, including Saudi Arabia and Bahrain. In other news, Chainalysis , a crypto transaction analysis startup, announced that it has raised $30 million in Series B funding, led by venture capital (VC) firm Accel.

blockchain 128

blockchain Fintech Bitcoin cryptocurrency 128

PYMNTS

JANUARY 14, 2021

Southeast Asian FinTech Grab Financial Group announced in a press release that it has raised $300 million in a Series A funding round. Other investors in the round include K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures , the release stated. “We

Groups 204

Groups Regional Fintech Management 204

CB Insights

NOVEMBER 1, 2020

The largest fintech companies are benefiting from private markets flush with capital and yield-hungry investors. In Q3’20, mega-rounds (deals worth $100M+) accounted for 60% of total fintech funding — the highest percentage share since Q2’18. Report Highlights: Mega-rounds drove fintech funding in Q3’20.

Trends 70

Trends Fintech Report America 70

PYMNTS

MARCH 3, 2020

To continue supporting technology in regions all over the world from North America to Southeast Asia, Leonid Boguslavsky-founded RTP Global unveiled a new $650 million fund to keep investing in early-stage tech companies. The venture capital firm’s last fund totaled $200 million and was rolled out in 2017, according to reports.

United States 140

United States Regional America Capital 140

CB Insights

APRIL 29, 2022

Series A round drew participation from Force Over Mass Capital, PostFinance, 1818 Venture Capital, and Tribe Capital. Download the report to learn more.</p> The global fintech unicorn count hit 235 in 2021 — up 108% from 2020. Download the report to learn more. in a mix of equity and debt.

Capital 67

Capital Company Regional Fintech 67

PYMNTS

JANUARY 15, 2019

As FinTechs eye growth, and look to gain scale by providing more “mainstream” financial services, might those plans hit a speed bump when it comes to the infrastructure needed to bring products to the masses? Reuters reported early Monday (Jan. Reuters reported early Monday (Jan. In Asia, Examining Cross-Border FinTech.

Fintech 148

Fintech St. Louis System Regulation 148

CB Insights

APRIL 1, 2022

The round drew participation from Sequoia Capital, Balderton Capital, and Left Lane Capital, among others. <span Download the report to learn more.</p> The global fintech unicorn count hit 235 in 2021 — up 108% from 2020. Download the report to learn more. onFormReady: function ($form) {.

Capital 64

Capital Management Regional Fintech 64

PYMNTS

JUNE 23, 2017

More than $30 million in venture capital stuck around the U.K., We break down all the B2B FinTech funding rounds below. We break down all the B2B FinTech funding rounds below. ’s AimBrain deploys biometric authentication technology to combat fraud for FinTechs and financial institutions. EaseCentral.

Fintech 171

Fintech Marketing New York City Capital 171

CB Insights

MARCH 15, 2022

The round drew participation from Accel, Dream Incubator, Tiger Global Management, and Winter Capital, among others. <span Download the report to learn more.</p> The global fintech unicorn count hit 235 in 2021 — up 108% from 2020. Download the report to learn more. onFormReady: function ($form) {.

Capital 63

Capital Regional Fintech Data 63

PYMNTS

JANUARY 19, 2018

The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. But a lesser-discussed market grabbed the largest investment of the week: logistics. Data Nerds. vc and Techstars Ventures.

Capital 118

Capital blockchain Big Data Data 118

PYMNTS

SEPTEMBER 25, 2019

PayMongo, a FinTech startup that helps businesses and merchants set up online payments systems, has raised $2.7 million in a seed funding round, according to a report by TechCrunch. The company serves businesses in the Philippines and other regions in Southeast Asia.

Fintech 117

Fintech Online Capital Regional 117

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms.

Lending 134

Lending Fintech Guidelines Meeting 134

PYMNTS

SEPTEMBER 11, 2019

million in pre-seed funding led by Haresh Aswani, as reported on Wednesday (Sept. Unlike other FinTech startups, Kuda was granted a banking license from the Nigerian Central Bank. New features were also introduced specifically for the region in an attempt to attract more Africans to the service.

Digital Banking 181

Digital Banking Fintech Google Software 181

PYMNTS

FEBRUARY 10, 2017

With a goal of expanding its presence across the Nordic region, Enterpay, based in Finland, has raised new funding from NFT Ventures, the companies said Monday (Feb. Enterpay enables businesses to pay without credit cards when making purchases online using invoice data, reports said. Capital Float. B2B Payments. Rippleshot.

Fintech 100

Fintech Capital Lending Data 100

PYMNTS

JANUARY 15, 2021

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup X1 notched $12 million in a funding round headed up by Spark Capital. Plus, the Federal Reserve’s Beige Book report noted that the U.S.

Cards 152

Cards California Capital Tools 152

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. In Europe, for instance, the region is preparing for the rollout of a new directive which could challenge how medical providers process invoices.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer.

Lending 116

Lending Fintech Atlanta Capital 116

PYMNTS

JUNE 26, 2020

Singapore-based early stage tech investment firm East Ventures has targeted a new fund intending on benefiting businesses hurting from the coronavirus pandemic, Bloomberg reported. Earlier this year, Southeast Asia led the pack in terms of funding for FinTechs.

Regional 142

Regional Capital Fintech Report 142

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

PYMNTS

MAY 16, 2018

PayPal is partnering with Alpha JWC , the Indonesian venture capital firm, to invest in FinTech companies operating out of Southeast Asia. Bloomberg , citing Jerry Tso, general manager for PayPal Singapore Development Center, reported that under the partnership, Alpha JWC will provide as high as $5 million to the PayPal Incubator.

San Jose 103

San Jose Fintech New York Conference 103

PYMNTS

DECEMBER 9, 2016

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. According to reports Wednesday (Dec. and the U.S. Alt-Lending.

Fintech 100

Fintech blockchain Capital Metro 100

PYMNTS

AUGUST 15, 2019

Last month, The Washington Post reported more than 40 conglomerates, including Google and Dell, have nixed working with Chinese vendors in an effort to avoid those fees that aim to encourage businesses to shift their supply chains to the U.S. According to Kocher, bank-FinTech collaboration is key to addressing that gap, particularly in Asia.

Marketing 108

Marketing Regional Fintech Capital 108

PYMNTS

JANUARY 7, 2020

Yet another business consortium vies for a lucrative, wholesale digital banking license, according to reports. billion in capital on hand, and be governed by Singapore leadership. Gaming company Razer has teamed up with regional Singaporean entrepreneurs and other Asian billionaires.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131