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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. Pay in 4 is not currently available for residents of Missouri, New Mexico, North Dakota, South Dakota, Wisconsin, or any US Territories.

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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. billion (~30 times revenue) in stock was part of SoFi’s ambitious vision to become the “AWS of Fintech.”

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June’s Top 12 Mobile Pay Moments

PYMNTS

While Apple Pay also recently launched in Singapore, Samsung Pay joins the region with its signature niche: the MST tech that makes Samsung Pay usable at virtually anywhere merchant credit cards are accepted. “New advancements in technology have the potential to transform the payments landscape,” said Mark Ryan from FICO.

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). Payments technology. Blockchain technology . Healthcare & insurance technology. Tags: Consumer, banking, payments, deposits, loans, debit card. Total dollars raised YTD is now $14.7 billion, more than twice the $6.7 Consumer alt-lender.

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Finovate Debuts: LoanNow Helps Borrowers “Outperform their FICO Score”

Fintech Labs Insights

What makes LoanNow possible is a combination of technological and regulatory opportunities and a group of individuals eager to take advantage of them. Pledges are made with credit/debit cards from Visa, MasterCard, Discover, Maestro, or Visa Electron. Cards are not charged unless the borrower defaults.

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Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

Two Finovate alums scored big rounds: Zooz raised $24 million for its payment technology. Fintech deals by size from 30 April to 6 May 2016: VTS. Payments technology. Louis, Missouri. Prepaid debit card. Louis, Missouri. Accelerator: VC Fintech Accelerator (Little Rock, Arkansas). Total raised: $40.5

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Fintech Fundings: 23 Companies Raise $2.7 Billion Week Ending Jan 22

Fintech Labs Insights

Last week we set the record for most fintech deals in a single with with 28. All told, 23 fintech companies worldwide brought in $2.733 billion. Eight-year-old IP Commerce raised its first round (undisclosed amount) for its SMB accounting technology. Year-to-date, fintech companies have raised $3.5 Imagine this.

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