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.

FinTech Startup Opens Private Market Access to Wealth Management Space
FinTech Startup Opens Private Market Access to Wealth Management Space
August 31, 2022  |  Investments

A FinTech startup in the U.K. is opening private market investment access to the wealth management industry by offering a digital marketplace that managers can...

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Solid Raises $63M to Expand FinTech-as-a-Service into New Verticals
Solid Raises $63M to Expand FinTech-as-a-Service into New Verticals
August 31, 2022  |  Fintech Investments

FinTech-as-a-Service platform Solid Financial Technologies has raised $63 million in a Series B funding round to speed its expansion into new verticals, including travel, logistics,...

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TimePayment Closes on $375M Credit Facility for Equipment Financing
TimePayment Closes on $375M Credit Facility for Equipment Financing
August 31, 2022  |  Fintech Investments

Boston-based FinTech TimePayment announced the closing of a new $375 million revolving credit facility Tuesday (Aug. 30), which will strengthen its capital position and support...

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M&A Exits Dim for FinTechs as IPOs Drop 38%
M&A Exits Dim for FinTechs as IPOs Drop 38%
August 31, 2022  |  Fintech Investments

In business, and especially for smaller firms, there are any number of exit strategies depending on the macro environment they must confront. When markets are...

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Today in the Connected Economy: T-Mobile Previews 5G Payments
Today in the Connected Economy: T-Mobile Previews 5G Payments
August 30, 2022  |  Connected Economy

Today in the connected economy, T-Mobile’s Chris Melus talks to PYMNTS about the ways 5G technology can transform the in-store experience. Also, card issuance and...

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Highnote Expands Collab With Visa, Certifies as Issuer Processor
Highnote Expands Collab With Visa, Certifies as Issuer Processor
August 30, 2022  |  Payments Innovation

Card issuance and management platform Highnote is expanding its partnership with Visa and has also become fully certified as a Visa issuer processor.   Highnote also...

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Indian FinTech EarlySalary Closes on $110M for Expansion
Indian FinTech EarlySalary Closes on $110M for Expansion
August 30, 2022  |  Investments

FinTech consumer lender EarlySalary raised $110 million in a Series D funding round, the largest amount the startup raised since it was founded in Pune, India in...

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PalmPay Hits 10M Users in Nigeria
PalmPay Hits 10M Users in Nigeria
August 30, 2022  |  Digital Payments

Lagos-based FinTech PalmPay has doubled its user base in the last six months to reach 10 million users in Nigeria. Since its 2019 launch, PalmPay has...

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5 MENA FinTech Accelerators to Know About
5 MENA FinTech Accelerators to Know About
August 30, 2022  |  International

FinTech, more than many other sector, is especially receptive to the input of startup accelerator programs. Because the vast majority of FinTech startups these days...

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