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.

Mangopay to Acquire Polish Anti-Fraud Tech Startup Nethone
Mangopay to Acquire Polish Anti-Fraud Tech Startup Nethone
November 29, 2022  |  Acquisitions

Mangopay, a Luxembourg-based FinTech that specializes in payment solutions for platforms and marketplaces, announced it is set to acquire Polish anti-fraud technology firm Nethone for...

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MENA Food Retailers Tap Tech to Improve Supply Chain Inefficiencies
MENA Food Retailers Tap Tech to Improve Supply Chain Inefficiencies
November 29, 2022  |  Supply Chain

In Egypt, small firms, including mom-and-pop stores, make up about 90% of local food and grocery sector, with the “Walmarts and the Walgreens of Egypt...

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UK Firms Recruit Laid-Off Tech Workers as Part of Digital Innovation Strategies
UK Firms Recruit Laid-Off Tech Workers as Part of Digital Innovation Strategies
November 28, 2022  |  Economy

It appears no country has been spared from the successive waves of layoffs taking place in the technology industry this year. The U.K. for example,...

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Equals Group to Introduce A2A Payments After Roqqett Acquisition
Equals Group to Introduce A2A Payments After Roqqett Acquisition
November 28, 2022  |  Faster Payments

Equals Group is set to acquire Roqqet in a deal subject to regulatory approval. In a press release announcing the acquisition Monday (Nov. 28), the...

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Atom Bank Raises $36M, No Mention of IPO
Atom Bank Raises $36M, No Mention of IPO
November 28, 2022  |  Investments

U.K. neobank Atom Bank announced on Friday (Nov. 25) that it has raised 30 million pounds ($36 million), and will use the capital to fund...

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Freedom Bank Adds Digital Invoicing and Payments Tools to Platform
Freedom Bank Adds Digital Invoicing and Payments Tools to Platform
November 28, 2022  |  Banking

The Freedom Bank of Virginia has deployed FinTech company Autobooks’ tools to add digital invoicing and payments solutions for the bank’s business clients. With this...

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Bread Financial Expands BNPL Offering
Bread Financial Expands BNPL Offering
November 28, 2022  |  BNPL

With consumers increasingly turning to installment payments for their holiday shopping, financial services firm Bread Financial has made its buy now, pay later (BNPL) offering...

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FinTech IPO Index Drops 3.2% as Earnings Overhang Hits Blend and OneConnect
FinTech IPO Index Drops 3.2% as Earnings Overhang Hits Blend and OneConnect
November 25, 2022  |  IPO

A shortened holiday trading timeline — a breather, and then it all begins again. For the FinTech IPO Index, a 3.2% loss for the week...

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Strengthening Relations Help Bolster Israel-UAE FinTech Collaboration
Strengthening Relations Help Bolster Israel-UAE FinTech Collaboration
November 24, 2022  |  Fintech Investments

It’s been two years since a U.S.-brokered deal that normalized diplomatic relations between Israel and the United Arab Emirates (UAE) in 2020, leading to the...

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