PYMNTS
AUGUST 3, 2018
Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo , which describes itself as a “cloud-based utility” that enables payment system interoperability.
PYMNTS
SEPTEMBER 25, 2018
When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? As for inroads into overall credit as a whole, the BIS noted that FinTech accounted for 13 percent of volume in China, and stood at 15 percent of lending to consumers and small and mid-sized enterprises (SMEs) in the United Kingdom.
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PYMNTS
SEPTEMBER 5, 2019
Alicia Levine, who works at BRCK, an internet hardware and service startup, will become the company’s chief operating officer. Both Chipper Cash founders emigrated to the United States to study and work in Silicon Valley. Animashaun is not the only person leaving a successful African tech venture to join Chipper Cash.
CB Insights
OCTOBER 26, 2017
Across the US, well-funded companies are rethinking how the financial system operates. Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state.
PYMNTS
FEBRUARY 15, 2019
The Mexican government is hoping FinTechs will make sending cash home for Mexican families living abroad more affordable. That is something the FinTechs are probably in a better position to do than traditional actors such as banks,” Herrera told Reuters in a recent interview. In fact, Mexicans sent a record $33.5
PYMNTS
OCTOBER 8, 2019
In terms of the total amount invested to date in FinTechs, as tracked by PYMNTS via the India FinTech Tracker, the year to date tally stands at just under $3.7 million through a Series B financing round that was in turn led by Ribbit Capital, based in the United States. Three months to go, more or less.
PYMNTS
OCTOBER 29, 2018
A report earlier this month from Accenture has estimated that the range of financial sector upstarts — from challenger banks to FinTech firms, to new tech firms coming into financial services — will disrupt top-line growth for entrenched financial institutions (FIs). For banks, the landscape is getting crowded.
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