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In Brazil, Banking Customers Turn To Debit, Digital Banking

PYMNTS

These shifts have made digital banking and debit transactions more important than ever. The Next-Gen Debit TrackerĀ® explores how the COVID-19 outbreak is impacting commerce and banking, as well as accelerating uptake of digital services and payment tools. Pandemic Puts Digital Banking in the Spotlight.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

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In UK, FinTech Alliance Launches

PYMNTS

Movement to foster collaboration between FinTech firms and traditional financial firms continues to gather steam across the globe, aided by government encouragement and initiatives. FinTech Alliance debuted this week, with a roster that tops 500 members. digital bank, has set up shop in the U.S. In an example of U.K.

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The Newest Neobank is for the 62+ Crowd

Gonzobanker

The launch of Charlie points to an underserved niche in banking: older adults. In mid-May, a digital bank account for the 62+ crowd debuted in the United States. For neobanks, funding is plummeting and the path to profitability is about as formidable as crossing the 101 Highway in Los Angeles by foot.

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Fintech Fundings: 18 Companies Raise $400 Million Week Ending July 3

Fintech Labs Insights

headed for the beach, investors in the rest of the world unleashed a tsunami of cash into the fintech sector. billion in new fintech investments (not including Ant). Expense reporting & invoice management. HQ: Los Angeles, California. Latest round: $3 million Angel. Latest round: Undisclosed Angel.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. million to its digital banking platform. Year-to-date fintech companies have raised $450 million in new equity, 67% more than the $270 million raised in the first half of January 2015.

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Fintech deals by size from 23 April to 29 April 2016: Mosaic. Digital banking company. HQ: Los Angeles, California. The post Fintech Fundings: 114 Companies Raised $7.3 Tags: Consumer, insurance, object insurance, mobile, risk management. ——-. Latest round: $200 million Private Equity.