BankInovation

AUGUST 11, 2023

Payments technology fintech SumUp announced Wednesday it has raised $100 million from Victory Park Capital. SumUp provides businesses with point-of-sale payments equipment and inventory management software to manage their operations.

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Gonzobanker

DECEMBER 8, 2021

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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PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

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PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. ’s Faster Payments real-time payments system.

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PYMNTS

NOVEMBER 5, 2020

Small business Banking-as-a-Service rises to the top in this week's roundup of the latest bank-FinTech collaborations and open banking initiatives. Two SMB BaaS companies secured new funding, while FinTech Wise says it is ushering in a new definition of open banking with its embedded banking functionality. StreetShares.

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PYMNTS

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. Oxbury, ClearBank Pair for Payments. payment schemes. Faster Payments scheme.

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PYMNTS

MAY 22, 2020

From competitors to collaborators, the FinTech boom introduced a field of opportunity for traditional financial institutions to team up with an industry newcomer to become more agile and modern with their own product offerings. On the other hand,” he added, “the pandemic doesn’t just spare FinTechs. Financing Burdens.

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PYMNTS

JANUARY 22, 2019

Investors have backed Switzerland-based FinTech startup KiWi to help the firm expand its small business payments and lending operations in Mexico, reports in BankingTech said Monday (Jan. The firm enables businesses to accept electronic payments via mobile POS device.

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PYMNTS

SEPTEMBER 23, 2020

The FinTech Sezzle has struck up a partnership with Ally Lendin g, a digital financial services company. Our collaboration with Ally Lending enhances our customer financing offerings, making it possible for consumers to better manage their finances," said Charlie Youakim , executive chairman and CEO of Sezzle, in a press release.

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PYMNTS

NOVEMBER 28, 2018

B2B payments is all too often a waiting game, one that can be damaging to the survival of a small business (SMB). FinTech firms have taken a few approaches to this issue, either by working to replace paper checks with different payment rails or trying to work with checks by addressing their particular pain points.

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PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. In the U.K., A Win-Win for Banks and SMBs. For lenders, unlocking data also means strengthened fraud mitigation.

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PYMNTS

AUGUST 7, 2020

Everyone knows the old joke about how easy getting into the lending business is: “Lending money out is very simple — pretty much anyone can do it. The good news for Fundbox as an underwriter of small business loans is that the firm managed to avoid falling into that trap in recent years. Emerging Opportunities.

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PYMNTS

MARCH 12, 2020

Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs) to launch new digital products. This week, Bectran, which provides a B2B credit management solution, announced enhancements to its Cash Application automation capabilities. Equiniti Eyes APIs for Risk Management.

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Bobsguide

MAY 18, 2022

CompatibL, a leading provider of risk management solutions and professional services for the financial industry, has been named the winner of the Best Risk Management Platform Award in the sixth annual FinTech Breakthrough Awards program for its innovative CompatibL Cloud Platform. About the FinTech Breakthrough Awards.

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Chris Skinner

FEBRUARY 24, 2017

Apparently, people like it and here I’m going to expand upon the basic theme to give a detailed analysis of how FinTech wings are spreading. There’s been a lot of talk about fintech lately. In fact, saying ‘fintech’ is like saying ‘retailer.’ So, here is the FinTech Wave, Part One.

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PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. But the leader of the pack goes to one corporate travel and expense management startup that impressed investors despite a business trip slump. Bookkeeper360.

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Bank Innovation

DECEMBER 6, 2017

INV Fintech, the sister accelerator to this site, announced its fourth class of startups today. Here are the five companies of Class 4 of INV Fintech: Bloxable: Bloxable provides decentralized solutions for lending origination and the securitization of mortgages […].

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PYMNTS

JANUARY 21, 2021

In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement. Now, he said, “innovation needs to also be incorporated internally. “You

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PYMNTS

NOVEMBER 5, 2019

Borrowers must often complete hefty amounts of paperwork before they are approved, and payments disbursed via paper checks can add delays. Many lenders are relying on advanced learning technologies like artificial intelligence (AI) and machine learning (ML) to offer instant loan payments without compromising the review process.

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PYMNTS

APRIL 26, 2019

It was a slow week for B2B FinTech funding rounds, but investors nevertheless provided an impressive sum to industry startups. In total, more than $107 million was raised, with investors targeting the small business (SMB) back office, lending and B2B payments. Interestingly, U.S. The company raised $6.7

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PYMNTS

OCTOBER 8, 2020

Berlin's Mambu is partnering with New Zealand digital lending platform Ranqx , which will use Mambu's API-first digital banking platform to provide digital lending experiences, loan origination, decisioning and monitoring for small- to medium-sized businesses (SMBs), according to a press release.

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PYMNTS

MARCH 8, 2019

Bank-FinTech collaborations have emerged as a viable, lucrative growth path for both sides of these partnerships. For FinTechs, the deals mean access to a broader range of customers through well-established industry names. For FinTechs, the deals mean access to a broader range of customers through well-established industry names.

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Perficient

JANUARY 12, 2021

In these times of economic crises and lending restrictions, FinTech will disrupt and fill the gap. Many new services for small businesses are emerging in payments: Buy Now, Pay Later (BNPL) is the name for a newer credit payment product that allows customers to purchase goods but pay for them either later or by installments.

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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. Fast Payments Are Crucial Right Now.

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PYMNTS

JANUARY 6, 2020

Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS) provider InfraRisk to bolster its small business lending operations. InfraRisk is a wholly-owned subsidiary of China-based FinTech solutions provider PINTEC, which acquired InfraRisk last March.

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PYMNTS

JANUARY 13, 2021

Ingo Money CEO Drew Edwards recently told PYMNTS that “Historically, banks have viewed FinTechs through an ‘us versus them’ lens — and rightly so, because, in so many cases, the banks were disintermediated or relegated to become ‘dumb vaults’ for the FinTechs they partnered with. Consumerization Continues.

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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. In the U.K.,

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PYMNTS

MARCH 19, 2019

Grab Financial Group , the Southeast Asia FinTech company, announced Tuesday (March 19) the rollout of SME lending and micro-insurance for drivers in Singapore as part of its “Grow with Grab” roadmap. Grow with Grab” is its full push into lending and insurance, the company said in the press release.

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PYMNTS

AUGUST 4, 2020

Paya , an eCommerce FinTech, plans to go public through a special kind of merger with an investment company, according to a press release. Paya is set to merge with FinTech Acquisition Corp. The deal is part of the move toward market consolidation for FinTechs. The deal values Paya at about $1.3 ” Betsy Z. “As

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Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. of bankers are either strongly interested in or already working with fintechs in digital account opening. The benefits of fintechs. By Elizabeth Judd. Quick Stat.

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Payments Source

MARCH 7, 2019

Control breakdowns and poor governance can affect fintech partnerships of all types, whether lending, payments, deposit-taking, wealth management, or insurance activities,according to Cliff Stanford, a partner in Alston & Bird's Financial Services and Products Group.

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CB Insights

JANUARY 26, 2023

The fintech industry took a hard hit in 2022 as investors scaled back their investments amid market turmoil. Fintech is central to a16z’s investment strategy. Of the 206 deals a16z participated in last year, almost a quarter went to fintech companies — more than any other industry.

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PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. Just this week, RTP Global announced a a fund, with the venture capital firm planning to deploy that cash for early-stage technology companies in areas like FinTech and Software-as-a-Service (SaaS). Mailprotector.

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PYMNTS

JANUARY 18, 2021

Singapore-based FinTech Grab is mulling a U.S. Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures.

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PYMNTS

DECEMBER 21, 2020

Like many venture capital companies in the payments space, Serent Capital has had a busy year. The first was the investment in early December of procure-to-pay healthcare payments company Procurement Partners. One of the best things about B2B payments is it can work across verticals. That was followed on Dec.

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PYMNTS

JUNE 8, 2020

Indian FinTech Infibeam Avenues , which works in digital payment and eCommerce solutions, has bought all shares of Cardpay Technologies, which provides payment and invoice technology, in an all-stock deal. Cardpay , based in Bengaluru, India, offers a spending management platform to corporations under the brand name “Grit.”

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PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. B2B eCommerce startup Sokowatch scored a win for Kenya’s B2B FinTech community after raising $14 million in Series A funding, reports in TechCrunch said. Flock Freight.

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