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 IPO Index Sinks 3.3% as Economic Concerns Overshadow Earnings Season
FinTech IPO Index Sinks 3.3% as Economic Concerns Overshadow Earnings Season
July 28, 2022  |  IPO

The investing world is parsing the slew of earnings that are continuing to come from banks, from the payments networks. And  thus far, while earnings...

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Portage Hopes to Raise $1B For Late-Stage FinTechs
Portage Hopes to Raise $1B For Late-Stage FinTechs
July 28, 2022  |  Fintech Investments

FinTech fund Portage is putting together a structured equity fund focusing on backing late-stage financial technology startups. As Reuters reported Thursday (July 28), the Toronto-based...

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How Payment Methods, Regulatory Regimes Are Shaping Italy’s FinTech Ecosystem
How Payment Methods, Regulatory Regimes Are Shaping Italy’s FinTech Ecosystem
July 28, 2022  |  International

After taking applications between November 2021 and January 2022, this month saw the official opening of Italy’s regulatory sandbox for FinTech innovation. As PYMNTS reported...

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Dbank Raises Largest Seed Round in Pakistan at $17.6M
Dbank Raises Largest Seed Round in Pakistan at $17.6M
July 28, 2022  |  Investments

Pakistani FinTech startup Dbank has raised $17.6 million in a seed funding round, the largest ever in Pakistan. Founded in 2021, Dbank is in the...

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Chargeback Mitigation Startup Justt Names New Execs
Chargeback Mitigation Startup Justt Names New Execs
July 28, 2022  |  Personnel

Israeli chargeback mitigation startup Justt has named two FinTech veterans to its leadership team as it prepares to expand into new markets. According to a...

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Crypto Champion Sunak Faces Digital Internationalist Truss in UK Leadership Race
Crypto Champion Sunak Faces Digital Internationalist Truss in UK Leadership Race
July 27, 2022  |  Politics

This August, conservative party members will receive their ballots and will have until Sept. 5 to cast their vote, just in time for the new...

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EMEA Daily: Lloyds Looks to Buy More FinTechs; Helu.io Raises $10M
EMEA Daily: Lloyds Looks to Buy More FinTechs; Helu.io Raises $10M
July 27, 2022  |  International

Lloyds Looks to Buy More FinTechs, CEO Says Lloyds Banking Group is considering acquiring more FinTechs to boost its digital capabilities. CEO Charlie Nunn said...

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SMB Budgeting Platform Helu.io Raises $10M in Series A
SMB Budgeting Platform Helu.io Raises $10M in Series A
July 27, 2022  |  Investments

Helu.io, a budgeting and financial reporting platform for small- to medium-sized businesses (SMBs), announced the close of its Series A funding round, which raised over...

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Lloyds Looks to Buy More FinTechs, CEO Says
Lloyds Looks to Buy More FinTechs, CEO Says
July 27, 2022  |  Acquisitions

Lloyds Banking Group is considering acquiring more FinTechs to boost its digital capabilities, the company’s chief executive said Wednesday (July 27). As Bloomberg TV reported,...

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