Remove Cards Remove Fintech Remove Millennials Remove San Francisco
article thumbnail

Bento for Business Sets Big Goals with $9 Million in Funding

Bank Innovation

Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad. For the task, San Francisco-based Bento raised $9 million in a new round of funding today.

article thumbnail

Credit Card Disruptor Affirm Is Going Public. Here’s What It Means For The Future Of Consumer Credit

CB Insights

San Francisco-based Affirm , an installment financing platform for online commerce run by PayPal co-founder Max Levchin , filed its S-1 in preparation for going public in November. Affirm wants to disrupt the credit card business, a notoriously opaque realm of consumer finance. Where Top US Banks Are Betting On Fintech.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Razer Gaming Company Teams With Visa For Online Payments

PYMNTS

Razer, a gaming hardware company based in Singapore, has partnered with Visa to offer a prepaid card that will let the company’s 60 million users make payments all over the world, according to reports. The region is also the home to more than 213 million millennials.

Company 100
article thumbnail

Fintech And Financial Institutions – Bridging the Gap

NCR

The expansion of new fintech apps started a trend of eroding revenue and profits from banks and credit unions, generating a sense of competition with app developers. Meanwhile, Jamie Dimon, CEO of JP Morgan Chase, said : “I don’t buy that fintech is completely different. Why Are Financial Institutions Adopting New Fintech Apps?

Fintech 75
article thumbnail

PayPal Deal, Connected Economy And Cyberwar Top Week’s News

PYMNTS

The San Francisco-headquartered startup runs membership-based healthcare clinics and was launched by internal medicine doctor Tom Lee, who served as the company’s CEO until 2017. independent sales organizations sold terminals and card processing, mostly to brick-and-mortar merchants. Battle For Millennials.

article thumbnail

B2B FinTech Investment Not A Total Bust

PYMNTS

The startup may not operate in the fleet card space, but Haven’s B2B solution can certainly impact the bottom line. Canada-based Bench stands as this week’s sole B2B FinTech company that secured venture capital this week. Turns out, it wasn’t a total bust. Fleet Management. Haven, which operates in Singapore, Europe and the U.S.,

Fintech 100
article thumbnail

Unbundling Bank Of America: How The Traditional Bank Is Being Disrupted

CB Insights

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. However, both brands have expanded to additional products, such as Venmo’s credit card and Cash App’s stock investing offering. . Business credit cards.

America 101