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Community Banks Debut FinTech Alliance

PYMNTS

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. Here In The States. Guidelines From The UK.

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RTP Global Unveils $650M Startup-Focused VC Fund

PYMNTS

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.

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Britain’s ‘Independence Day’ May Leave FinTech Shackled

PYMNTS

Today the United States celebrates Independence Day, with cookouts and fireworks and no dearth of parades. But across the Pond – regardless of the initial claims last week that Britain had occasioned its own Independence Day via the Brexit vote — for FinTech, freedom is just another word for lots and lots left to lose.

Fintech 101
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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

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Latin America Tech Booms As Brazil Dominates And Regional Investors Grow

CB Insights

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. Since 2012, investments into the region have nearly tripled. GIC, Tiger Global Management, ICONIQ Capital.

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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

For small businesses, expansion is key, and expansion needs capital. For small business lenders and for FinTech too, expansion is key; but for Biz2Credit, expansion is literal. Drilling down a bit into the Puerto Rico market in particular, Arora noted some differences between small business lending versus, say, the United States.

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Why Temasek Invested $100 Million In Flywire

PYMNTS

The round also included the participation of existing Flywire investors Bain Capital Ventures and F-Prime Capital. The company also has deep pockets and a devotion to FinTech. In the Asia-Pacific region, for instance, Flywire said that the past 12 months has brought growth of at least 170 percent there.

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