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SoftBank Shares Slide Along With Ride-hailing Stocks

PYMNTS

Last week, SoftBank invested $20 million in Clip, a Mexican FinTech startup that offers a mobile credit card reader for smartphones. Businesses all across Mexico have adapted the technology as a simple and low-cost way to accept payment, according to Reuters.

Virginia 100
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2021 GonzoBanker Awards

Gonzobanker

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147
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Digital Disruption

Independent Banker

A mix of players, FinTech firms pose threats and opportunities. Call them disruptors, upstarts or the voguish FinTech companies. Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. By Kelly Pike.

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Retail Pulse: CVS, UPS Test Drone Potential; Birchbox Grows Walgreens Partnership

PYMNTS

The city was chosen as the test market because Wing already had a relationship with Virginia Tech, which is in nearby Blacksburg, to test the delivery drones in the U.S. On another note, Hennes & Mauritz ( H&M ) and IKEA and are putting money into technology startups as a way to help them sidestep retail disruption.

Retail 101
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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.

Mobile 104
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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Its platform provides proprietary cyber-risk analysis technology to corporate customers. An undisclosed amount of Series C funding will help ZP Group, based in Virginia, focus on strategic investments to grow its cybersecurity offering. The firm said it will use the funding to expand its platform across Singapore.

US 116
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SoftBank Invests $20M In Mexican FinTech Clip

PYMNTS

Japanese capital group SoftBank has invested $20 million in Clip, a Mexican FinTech startup that offers a mobile credit card reader for smartphones. Businesses all across Mexico have adapted the technology as a simple and low-cost way to accept payment, according to Reuters.

Fintech 108