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Introducing Quantum Computing

Perficient

Quantum computing is one of the hottest technologies in the world right now, but it also considered an extremely complicated field because the quantum concepts involved aren’t easy to understand. What is Quantum Computing? Currently, computers are made with silicon transistors. However, there is a physical limit to this technology.

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Hong Kong’s SMB FinTech Neat Nets $11M

PYMNTS

Hong Kong-based finance startup Neat has closed a Series A funding round and come away with $11 million, according to a press release. The press release stated the company has opened an office in London, intending to begin operating in western Europe and help European businesspeople trading with China.

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Services Sector Drives US Business Growth; Europe Loses Momentum

PYMNTS

Breaking trends in the rest of the world, the U.S.’ In the rest of the world, Japan saw a rise in business activity, making up for a weak end to 2019. was doing better than either Japan or Europe, and that it seemed it would stay that way. ’ business activity is on the upswing so far in 2020. in January, up from 52.7”

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Peter Thiel-Backed German Online Bank N26 Worth $3.5B

PYMNTS

billion valuation following a $170 million extension of Series D funding. All previous investors from the Series D funding round in January 2019 extended their investment in the company, including Peter Thiel’s Valar Ventures, Tencent, and Insight Venture Partners. This will allow us to accelerate our global expansion outside Europe.

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The Geopolitics of PSD2

Bank Innovation

This is the third part of a series of five articles. The changes to the regulation on direct account to account payments and four party payment schemes show that American card schemes are obviously unwelcome in Europe in their current form but I suspect that Facebook, Apple et al will also continue to fall afoul of both the EBA and the GDPR.

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FinTech Rapyd Closes $300 Million Series D Led By Coatue

PYMNTS

Business-to-Business FinTech-as-a-Service (FaaS) startup Rapyd has notched $300 million in a Series D funding round led by Coatue and including both new and existing investors. Rapyd's API, he added, removes that issue, and “is currently powering what we think are many of the world's most exciting companies.”. 13) press release. .

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N26 Has $2.7B Valuation After Latest Funding Round

PYMNTS

In a press release, N26 said that with the Series D round of funding, it has a valuation of $2.7 According to N26, the latest round marks the largest private equity financing round for a FinTech in Europe in recent years. Around the world, millions of people still suffer from bad banking experiences and high fees.

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