PYMNTS

SEPTEMBER 18, 2019

TransferWise, one of Europe’s top five FinTech startups , announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher than last fiscal year, CNBC reported on Wednesday (Sept. The FinTech unicorn was valued at $3.5 Net profit was £10.3 million pounds ($12.8

Report 115

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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). ”

Lending 189

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PYMNTS

JUNE 19, 2018

Kenya’s biggest mobile phone operator, Safaricom , is against a proposed tax rise on mobile phone-based cash transfers. But Safaricom’s CFO Sateesh Kamath said the tax hike would only serve to discourage the drive towards modern payments systems. The proposed tax increases also included a new “Robin Hood” tax of 0.05

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PYMNTS

FEBRUARY 20, 2020

This week’s exploration of the latest in bank-FinTech collaborations and data integrations finds an opportunity for accounting portals to drive customer loyalty through data connectivity, while lenders embrace strengthened risk mitigation by looping directly into borrower data. bank sets its data sharing rules for FinTech firms.

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Lending Taxes Fintech Data 217

PYMNTS

SEPTEMBER 18, 2019

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

Fintech 144

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PYMNTS

SEPTEMBER 8, 2020

billion in assorted cryptocurrencies, CoinDesk reported. 10 along with EU bank withdrawals, the report stated. In other news, Hong Kong's Diginex has raised $20 million as a funding round from private investors, Bloomberg reported. 10 along with EU bank withdrawals, the report stated. reported.

Bitcoin 141

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PYMNTS

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely. “A

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Below, PYMNTS breaks down the latest in B2B FinTech funding. With the new funding, Scoop said it plans to fuel expansion, reports said. ScaleFactor.

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PYMNTS

OCTOBER 26, 2018

With only a few million dollars in combined investments, this week certainly wasn’t the most lucrative for B2B FinTech firms, but the variety and global reach of recent SMB FinTech investments offers a bright spot in an otherwise quiet moment for B2B venture capital. Reports did not reveal exactly how much of the $1.1

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Fintech Capital Tools Management 192

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week. Yelo also plans to expand its team and invest in product development and sales, reports said.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. ANNA Money.

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Bobsguide

SEPTEMBER 19, 2022

The growing need to overhaul these systems is what powered GFT’s leap on the 2022 IDC FinTech Rankings. Continued adoption of GFT’s approach to reimagining banks’ current technology with core digital solutions moved the company up 14 spots this year, ranking #35 and earning recognition as a “Fast Track Fintech.”.

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Fintech Taxes Customer Experience Technology 68

CB Insights

APRIL 29, 2022

Taxfix , a mobile tax filing app, has raised $220M in a Series D. Download the report to learn more.</p> The global fintech unicorn count hit 235 in 2021 — up 108% from 2020. Download the report to learn more. Download the report to learn more. onFormReady: function ($form) {. hbspt.forms.create({.

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PYMNTS

SEPTEMBER 18, 2019

TransferWise, one of Europe’s top five FinTech startups , announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher than last fiscal year, CNBC reported on Wednesday (Sept. The FinTech unicorn was valued at $3.5 Net profit was £10.3 million pounds ($12.8

Fintech 100

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Perficient

JUNE 30, 2022

As reported by the World Bank, in 2021 the GDP of The Bahamas was $9.91 Ryan Salame, the co-CEO of FTX, said the campus could serve as a bellwether for similar crypto companies looking to take advantage of the island country’s favorable tax and regulatory frameworks. Let’s start with a checklist: Toes in the sand? Drink in the hand?

cryptocurrency 472

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PYMNTS

SEPTEMBER 8, 2020

billion in assorted cryptocurrencies, CoinDesk reported. 10 along with EU bank withdrawals, the report stated. In other news, Hong Kong's Diginex has raised $20 million as a funding round from private investors, Bloomberg reported. 10 along with EU bank withdrawals, the report stated. reported.

Bitcoin 131

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PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise. Changing CPA Roles.

Fintech 150

Fintech Online Management Cards 150

PYMNTS

MARCH 2, 2020

billion in cash and stock, according to reports. The FinTech startup offers free credit scores, credit card applications, loans and savings accounts. As the leader in DIY taxes, TurboTax has been dealing with escalating competition from Credit Karma, which is now a leading financial app among younger customers. competitor.

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PYMNTS

APRIL 27, 2016

million seed funding round that saw participation from Scott Banister, an early investor in companies including Facebook and Uber, as well as PayPal co-founder Max Levchin, said reports. The backing marks Levchin’s first investment in an Indian startup, reports added. ClearTax announced Tuesday (April 26) a $1.3

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Fintech Taxes Mobile Analysis 100

PYMNTS

DECEMBER 20, 2019

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. According to reports , the company has raised $5 million in seed financing from Pierre Lorinet and Fabio Blom, while MI8 also participated.

Management 131

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PYMNTS

JUNE 15, 2018

In Africa, the biggest private bank in Kenya, CBA, has cemented a partnership with a FinTech there, Ennovative Capital, a Kenyan firm that licenses software to boost payments speeds. This comes as the newswire reports that retailers take as long as five to seven months to pay suppliers, as estimated by the ministry of trade.

Fintech 115

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PYMNTS

JUNE 29, 2020

With the Wealthfront mobile app, customers with direct deposit can get paid up to two days early, as well as set up direct deposit for other payments like a tax refund or company expenses.

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CB Insights

MAY 27, 2022

ZenLedger , a provider of crypto tax prep software, has raised $15M in a Series B. Download the report to learn more.</p> q1 2022 brought a -18% decline in quarterly fintech funding. .</p> q1 2022 brought a -18% decline in quarterly fintech funding. Download the report to learn more.

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PYMNTS

NOVEMBER 13, 2018

APIs offer third-party FinTech firms new opportunities to make use of valuable data stored within traditional bank accounts. more than 40 percent of small businesses reported to WePay in a 2017 survey that they experienced a cash flow problem during that past year. In the U.S., Separate analysis, published just last month from J.D.

Data 184

Data Fintech Mobile Analysis 184

PYMNTS

MARCH 2, 2018

A report released this week found startups across the U.S., and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. million in funding, reports in TechCrunch said.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

MARCH 12, 2019

and Europe is a natural progression from the surge in FinTech solutions offered to consumers, small businesses and enterprises. have plans to acquire a FinTech in the next 12 months as they pursue heightened digital transformation. Its report referenced the U.S.’ ”

Data 184

Data Fintech Strategy Regulation 184

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. The ERC Assist Program SouthState has partnered with SmartBiz, a fintech company, and several known CPAs and ERC processors to assist banks in processing ERC payments for their small business customers. In 2020, the U.S.

Taxes 195

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PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer.

Lending 116

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PYMNTS

SEPTEMBER 7, 2018

There are some B2B FinTech segments that are mainstays with investors. This week, though, investors revealed their appetite for B2B FinTech firms that can multitask. The company, according to reports , secured the funds through a joint venture with BTG Pactual, Latin America’s largest financial institution. Countingup.

Fintech 109

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PYMNTS

DECEMBER 18, 2018

. “The accounting profession is rapidly transitioning from compliance to trusted advisor ,” he said in a recent interview, “and these tools will allow them to develop foresight with the client, rather than reporting only on what has happened after the fact — hindsight.”

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PYMNTS

MAY 18, 2018

million in the largest investment round ever for a FinTech that operates exclusively in the continent. India’s small business bank alternative, Open, announced pre-Series A funding from Unicorn India Ventures and Recruit via its RSP India fund, reports in Inc42 said. Small Business Banking. The company raised $47.5

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

JANUARY 7, 2020

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding.

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Bitcoin blockchain Taxes Austin 132

CB Insights

NOVEMBER 21, 2019

GET THE ENTIRE 41-PAGE CANADA VC REPORT H1 2019. Download the CB Insights and PwC Canada MoneyTree report to see all the data. Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. The 2019 Canadian fintech market map.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

NOVEMBER 22, 2016

The company secured $650,000 from Kae Capital and Khosla Impact, reports said Monday (Nov. offers small and medium-sized businesses a way to manage cash flow by offering solutions like invoice and expense management, reports explained, adding that the company currently serves about 3,750 SMEs in the country. Numberz.in

Management 100

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PYMNTS

MARCH 4, 2020

The ERP’s Role in a FinTech World. The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. He pointed to financial reporting as one example of this shift. There is a need for solutions that more effectively address specialized requirements.”.

Data 260

Data Taxes Analytics Management 260

PYMNTS

JUNE 14, 2019

based Accelerated Digital Ventures, it was reported this week. Cybersecurity remains a hot focus for investors, with Edgewise landing $11 million in Series A funding this week, AmericanInno reports said. Based in Ireland, Immedis provides payroll and tax services to multinational corporations. Funderbeam. Accomplice and.406

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Fintech Capital Management California 129

PYMNTS

DECEMBER 4, 2020

Linking that kind of document to the DATEV Unternehmen through the DATEVconnect online interface, users will have the ability to hand over documents quicker and easier to tax accountants, according to the release.

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