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African FinTech Payment Startup Chipper Cash Woos Investors, Including Joe Montana

PYMNTS

African FinTech payment startup Chipper Cash has attracted some high-profile investors and raised $2.4 The company has offices in Ghana and Nairobi, and it’s based in San Francisco. million in a funding round, according to a report in TechCrunch. It’s processed 250,000 transactions for upwards of 70,000 active users.

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Does Fintech exit the UK with Brexit?

Insights on Business

As Brexit inches closer to its culmination date of March 2019, one unanswered question from the impending exit from the EU is will London still be seen as the ‘ capital of Fintech ” in Europe? The UK is currently facing its most serious challenge so far as the fintech hub of Europe. and Europe, the U.K.

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StanChart Deepens China Focus With Innovation Lab Launch

PYMNTS

7) that the Shanghai opening adds to Standard Chartered’s existing network of labs, which are open in Singapore, Hong Kong, Kenya, London and San Francisco. The latest lab will aim to promote collaboration between the bank’s employees, corporate clients and FinTech partners to develop new financial services for businesses.

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Digital Bank Chime Suffers Outage Affecting 5M Customers

PYMNTS

San Francisco-based Chime launched in 2013, offering debit cards, savings accounts and checking accounts to consumers without any fees. “Our payment processor has been experiencing issues today, resulting in our app + website being down,” Chime said in a tweet on Thursday (Oct. Earlier this year, it reached a valuation of $1.5

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Peter Thiel’s Founders Fund Closes $1.3B VC Fund

PYMNTS

The newest addition to the Founders Fund, which is based in San Francisco, helps bring the total raised to date to $3 billion, and as the name implies this is the six vehicle that is part of the pantheon. billion to close Founders Fund VI.

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Transformation Time Bomb?

Independent Banker

Three ways millennials could accelerate FinTech trends in 2016. Thus, it’s not shocking that millennials are a driving factor in the growing financial technology, or FinTech, movement. The FinTech industry is continuing to grow and millennials are serving as a key driver, but what can we expect to see in 2016? By Eyal Fruchtman.

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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.

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