FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

Visa Competing to Acquire Banking and Payments Platform Pismo
Visa Competing to Acquire Banking and Payments Platform Pismo
March 27, 2023  |  Acquisitions

Visa is reportedly competing to acquire cloud-based banking and payments platform Pismo. The company has boosted its offer for the Brazilian-based FinTech company from $1...

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IPO Fundraising Falls 70% Amid Banking Crisis
IPO Fundraising Falls 70% Amid Banking Crisis
March 26, 2023  |  IPO

The global market for initial public offerings continues to struggle amid banking sector upheaval. That’s according to data published Sunday (March 26) by Bloomberg News,...

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Startups Fear Existential Threat Following Silicon Valley Bank Collapse
Startups Fear Existential Threat Following Silicon Valley Bank Collapse
March 26, 2023  |  Startups

Startups are worried that the Silicon Valley Bank collapse could bring about their own. That’s according to a report Saturday (March 25) by the Financial...

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Raisin Raises $64.7 Million to Expand Investment and Savings Platform
Raisin Raises $64.7 Million to Expand Investment and Savings Platform
March 24, 2023  |  Investments

Raisin has gained 60 million euros (about $64.7 million) in a Series E round. The Berlin-based FinTech company will use the new funding to add...

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Payment Innovations Tackle Trade Finance Gap as Banks Pull Back
Payment Innovations Tackle Trade Finance Gap as Banks Pull Back
March 24, 2023  |  Payments Innovation

The old adage is that banks lend when you don’t need the money. When capital is hard to come by or when there’s the hint...

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New Report Examines FinTech Issuer Performance on Critical Money Movement Features
New Report Examines FinTech Issuer Performance on Critical Money Movement Features
March 24, 2023  |  Money Mobility

Money mobility has become a top priority for consumers continuing their journey into a more connected economy. Beyond frictionless moving funds from accounts, mobility now...

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FinTechs That Went Public Since 2020 Trade 54% Below Listing Price
FinTechs That Went Public Since 2020 Trade 54% Below Listing Price
March 24, 2023  |  IPO

It once seemed like FinTechs going public had limitless funding if investors saw potential. That mindset may be becoming a thing of the past. If...

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For Neobank Customers, Security Takes Backseat to Speed and Convenience
For Neobank Customers, Security Takes Backseat to Speed and Convenience
March 23, 2023  |  Banking

Amid the turmoil rocking the financial services sector, as the flights to safety continue, individual and enterprise customers are weighing what’s important to them. And...

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Global Mobile Wallet Use Ticked Up 4% in Q3 With Peaks and Valleys Between Nations
Global Mobile Wallet Use Ticked Up 4% in Q3 With Peaks and Valleys Between Nations
March 22, 2023  |  Mobile Wallets

In measuring the digital transformation of some 30,000 consumers in 11 countries, collectively representing half of the global gross domestic product (GDP), PYMNTS finds that...

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