PYMNTS

OCTOBER 27, 2020

Multinational investment bank UBS has launched the UBS Next platform in order to help invest in FinTechs and the "broader tech ecosystem," according to a press release. UBS Next will pursue direct investments in early stage FinTechs and other such companies.

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Fintech Groups Innovation Operations 175

PYMNTS

NOVEMBER 26, 2019

Lithuania wants to become a global FinTech powerhouse. In recent years, the market has gone from one struggling with high financial illiteracy and limited card acceptance, to a bright spot in Europe for FinTech innovation. Regulation is perhaps the strongest driver of Lithuania’s FinTech-friendly environment.

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Compliance Regulation Fintech Resources 182

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. 22) a strategic investment from PayPal.

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Lending Company Marketing Regional 193

Bank Innovation

SEPTEMBER 20, 2017

Savings fintech Raisin has made its first move into the United Kingdom savings market, acquiring customer acquisition and onboarding company PBF Solutions. The […].

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Marketing Fintech Operations Company 259

PYMNTS

DECEMBER 18, 2020

This week showed investor interest in B2B FinTech companies in international markets, as a trade finance platform in India and a human resources (HR)/payroll cloud software firm in the U.K. Zenoti said it fuels over 12,000 companies in more than 50 nations. The company has disbursed more than $36.5 CloudTrucks.

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Capital Company Washington Resources 192

Bobsguide

JULY 21, 2022

Montréal, July 19, 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, is expanding its presence in Canada with new facilities in Montréal to boost its North American operations and drive its international growth. About TS Imagine.

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PYMNTS

JANUARY 15, 2021

After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan. The company is keeping the lines of communication open and establishing a time frame to make changes, he noted.

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Regulation Groups Operations Lending 158

PYMNTS

MAY 14, 2018

Taking a page from Goldman Sachs’ book, Morgan Stanley is beginning to lend to FinTech startups in Brazil as it seeks more of a return on its investments. The Geru bonds, which the company issued in December of 2017, have a four-year maturity and pay about 11.2 percent each year, noted the report.

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Fintech Marketing America Report 116

The Paypers

JANUARY 22, 2024

UK-based fintech company Ebury has started widening its operations in Brazil, which it reportedly sees as a potential main revenue market.

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Maine Marketing Fintech Operations 68

Chris Skinner

MAY 9, 2017

I got a very interesting heads-up yesterday to a campaign the European FinTech start-ups have kicked off to try and stop the big, nasty banks screwing them with their version of PSD2. These legislative acts foster innovation and drive both competition and choice in the market. accountants, Start-ups etc.…)

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Fintech Innovation Leadership Payments 303

Independent Banker

JANUARY 31, 2023

Photo by Rido/Adobe Maximizing each step in the innovation journey, including the fintech evaluation process, will set you on the right path to a fruitful fintech partnership. And you’ll want to maximize each step in the innovation journey, including the fintech evaluation process. Who within your bank needs to be engaged?

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Fintech Innovation Community Community Bank 139

PYMNTS

JUNE 23, 2020

Money transfer company MoneyGram International Inc. GME) one of the largest payment financial technology companies in South Korea, according to a Tuesday (June 23) announcement by MoneyGram. Our new partnership with GME, one of the fastest-growing fintech companies in a key market, will further support this strong digital growth.”.

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Fintech Dallas Financial Technology Report 250

PYMNTS

JANUARY 8, 2021

Organizations large and small were forced to migrate to online and cloud-based solutions to keep operations moving, often with significant friction. Quantexa Chief Financial Officer Arvi Chana said his company had a significantly different experience than those that struggled to adapt. Digital Roots.

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Fintech Strategy Data Tools 218

PYMNTS

OCTOBER 8, 2020

Also seen in this week’s roundup of the latest in Bank-FinTech innovations was Alacriti teaming with The Clearing House on real-time payments (RTP), while Singapore Banking-as-a-Service (BaaS) startup RootAnt concluded a seed round with $1.46 In addition, Monese adopted Thought Machine’s cloud banking platform. Europe and South Africa.

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Innovation Technology Fintech Payments 301

PYMNTS

FEBRUARY 11, 2020

FinTech bank N26 , based in Germany, will no longer operate in the U.K. The timings and framework outlined in the EU Withdrawal Agreement mean that the company will, in due course, be unable to operate in the U.K. following Brexit, according to reports. with its European banking license,” N26 said. In December, N26 U.S.

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Operations Regional Course Fintech 141

PYMNTS

APRIL 26, 2019

operations. The company, which had been making plan changes and canceling accounts, is now shutting down amid legal proceedings including a patent lawsuit filed by MoviePass. In a letter on its webpage, Sinemia said it was ending operations in the U.S. In a letter on its webpage, Sinemia said it was ending operations in the U.S.

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Operations Fraud Capital Analysis 122

PYMNTS

SEPTEMBER 2, 2020

Checkbook has joined Visa 's FinTech Fast Track program and launched Virtual Cards , a program that will expand the reach of real-time payments, according to a press release. Another benefit is senders can earn cash back in addition to their savings if they go digital, the company said in the release. “It

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Cards Fintech California Fraud 213

Bank Innovation

OCTOBER 11, 2019

A company that operates quietly in the background of popular financial apps and platforms is taking steps to become more visible.

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Marketing Strategies Strategy User Experience Marketing 210

PYMNTS

JANUARY 20, 2020

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. The filings also indicated that interest income would be spread across operating segments.

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Operations Capital Groups Apple 150

PYMNTS

NOVEMBER 30, 2020

At a time when surging coronavirus counts are once again muddying the outlook for consumers and business owners, MerchantE Chief Financial Officer Shim Steinmetz says the crisis has also provided a silver lining of sorts to nimble FinTechs that can solve merchants’ cash crunch problems. Don’t Put Too Much Faith In Credit.

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Fintech Innovation Analytics Seattle 211

PYMNTS

AUGUST 10, 2018

Singapore’s FinTech scene is booming: Funding for the burgeoning sector in the island country topped nearly a billion dollars in 2017, reaching $983.6 million in funding for FinTechs at the time. Singapore overtook Hong Kong in FinTech funding in 2016. million that year. Hong Kong, by comparison, saw $596.8

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Fintech Marketing Comparison Innovation 107

PYMNTS

JUNE 23, 2020

Amid Wall Street’s gyrations and the search for the next great tech unicorn: Blank checks for blank check companies? On Monday (June 22), CNBC reported that famed investor Bill Ackman is seeking to raise $3 billion for an initial public offering (IPO) of his blank check company. filed for an IPO for $414 million, with 41.4

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Company New York Operations Course 130

PYMNTS

SEPTEMBER 30, 2020

Kakao Pay is set to be the first South Korean FinTech working with mobile payments to undertake an initial public offering (IPO), according to a report from The Paypers. The company is likely to be valued at $8.5 The company has tapped KB Securities Co. Kakao Pay is the FinTech arm for Kakao Corp. ,

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Fintech Mobile Security Operations 150

Chris Skinner

MARCH 22, 2017

I blogged a year ago about TechFin, the incumbents’ view of applying technology to existing banking services, versus FinTech which seeks to transform the financial system. First they started to invest in equivalent products and services to their own in other markets of similar nature, such as India and Thailand.

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Company Payments System Fintech 350

PYMNTS

MARCH 4, 2020

TerraPay, a Dutch FinTech, has been acquired by a number of investors, including Prime Ventures, Partech Africa and management for an undisclosed amount. million into the company to aid with expansion, according to a release. Our investment should allow the company to further expand and scale its operations.”.

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Fintech Mobile Regional Operations 168

PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.

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Innovation Fintech Cards Payments 297

PYMNTS

AUGUST 7, 2019

The Bank of Lithuania has suspended the majority of activities of payments company SatchelPay , reports said Tuesday, barring the Lithuanian company from issuing electronic money or providing part of its payment services. PYMNTS reached out to SatchelPay for comment and will update this story if the company responds.

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Operations Regional Compliance Report 101

PYMNTS

AUGUST 21, 2020

Robinhood’s $200 million fundraise this week may be the talk of the FinTech town, but B2B FinTechs saw their fair share of fresh investments, too. six FinTechs were able to secure a share of the next round of RBS grant money , with the winners including small business banking and biometrics company Onfido.

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Fintech Austin Capital Fraud 154

PYMNTS

OCTOBER 20, 2020

Colombia-based RobinFood — Latin America’s fastest-growing chain of “cloud” restaurants — credits proprietary technology, the explosive growth of FinTechs and pandemic-led lifestyle changes as the secrets of its success. We are a tech company that sells food,” Vega said.

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Company America Kentucky Regional 184

Bank Innovation

FEBRUARY 14, 2019

Established fintechs, startups, banks and tech giants alike are pulling out all the stops to attract and retain the same pool of tech talent. Some firms move operations to where the people are, others acquire the companies with the talent they’re looking for, and others simply loosen their purse strings.

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Fintech Operations Company Capital 218

PYMNTS

JULY 5, 2018

The vast majority of traditional financial institutions (FIs) plan to increase their collaborative efforts with the FinTech world, according to a PwC report published last year. The two-sided benefits of a bank-FinTech collaboration are certainly beneficial to FinTech firms like additiv.

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Compliance Fintech Marketing Security 109

PYMNTS

JANUARY 9, 2020

Also, Grubhub considers a potential sale or an acquisition by another company. Amex Cleared To Operate In China. The central bank in China said it accepted an American Express application to start working in the country but did not say when Amex would begin operations. Grubhub Mulls Sale As Market Share Drops.

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PYMNTS

FEBRUARY 7, 2020

In PYMNTS’ latest B2B venture capital roundup, which yielded $75 million in new funding, startups embraced distributed ledger technology for B2B payments and supply chain management, with 80 percent of total funding landing at blockchain companies. Envoy Group. The $13 million raised for U.K. Transparent Systems.

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blockchain Fintech California System 247

PYMNTS

JANUARY 18, 2021

Singapore-based FinTech Grab is mulling a U.S. Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S. If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange.

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Fintech US Groups Management 198

PYMNTS

JULY 3, 2020

million in VC funding for the sector, B2B FinTechs may be showing signs of a mid-year lull. PYMNTS breaks down the companies that did manage to secure funding, below. The company, based in Mexico, will deploy the seed funding to bolster its technology and product teams, the company told the publication.

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Capital Fintech Security Operations 161

CB Insights

APRIL 2, 2019

At the beginning of 2018, there were 25 VC-backed fintech unicorns around the world, worth a cumulative total of almost $76B. GET THE 106-PAGE FINTECH TRENDS REPORT. Only 3 fintech companies went public in 2018. Read about the data behind this trend and more in our Fintech Trends Report.

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Fintech Company Trends Operations 73

PYMNTS

MARCH 15, 2019

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14).

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Lending Fintech National Taxes 189