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.

FinTechs Solve Nigeria’s Financial Inclusion Challenge
FinTechs Solve Nigeria’s Financial Inclusion Challenge
June 23, 2022  |  Financial Inclusion

When it comes to tackling poverty and improving the quality of life of the world’s poor and excluded communities, the concept of financial inclusion has...

READ MORE >
Today in FinTech: Singapore Questions Crypto’s Utility; Klarna Challenges BNPL Research
Today in FinTech: Singapore Questions Crypto’s Utility; Klarna Challenges BNPL Research
June 23, 2022  |  Technology

In today’s FinTech news, Pine Labs in Noida, India, is acquiring Setu in Bengaluru, India, to grow Pine Labs’ offering of digital payments and lending...

READ MORE >
EMEA B2B FinTech Octopus Ventures Closes $12.3M Pre-Seed Funding Round
EMEA B2B FinTech Octopus Ventures Closes $12.3M Pre-Seed Funding Round
June 23, 2022  |  Investments

Octopus Ventures has closed a $12.3 million pre-seed funding round that the company plans to use to continue the expansion of its B2B FinTech platform...

READ MORE >
Paya, Digital Banks Help FinTech IPOs Notch Slight Gains
Paya, Digital Banks Help FinTech IPOs Notch Slight Gains
June 23, 2022  |  IPO

A gain. A small one, but a gain nonetheless. The FinTech IPO Tracker got a bit of a breather this week, clawing out a 73-basis-point...

READ MORE >
BofA Invests in Alternative Investment Platform iCapital
BofA Invests in Alternative Investment Platform iCapital
June 23, 2022  |  Investments

Alternative investing FinTech iCapital says it is planning to boost its technical capabilities following new investment from Bank of America. As the company said in...

READ MORE >
Pine Labs Acquires Setu in Reported $70M to $75M Deal 
Pine Labs Acquires Setu in Reported $70M to $75M Deal 
June 23, 2022  |  Acquisitions

Merchant commerce omnichannel platform company Pine Labs is acquiring application programming interface (API) infrastructure startup Setu to bolster its suite of digital payments and lending products, according to a...

READ MORE >
Banking as a Service Key to Fast-Tracking Embedded Finance for FIs
Banking as a Service Key to Fast-Tracking Embedded Finance for FIs
June 23, 2022  |  Digital-First Banking

“As far as banking infrastructure goes, the United States has the worst in the modern world.” Chris Dean, co-founder and CEO of Treasury Prime, told...

READ MORE >
Crypto Lender Nexo Hires Citigroup as Acquisitions Adviser
Crypto Lender Nexo Hires Citigroup as Acquisitions Adviser
June 22, 2022  |  Blockchain

Nexo, which deals in blockchain-based finance, will be advised by Citigroup on acquisitions in the current tumultuous environment for digital assets, a company blog said....

READ MORE >
FI Data Platform Curinos Debuts Small Business Lending Consortium
FI Data Platform Curinos Debuts Small Business Lending Consortium
June 22, 2022  |  Loans

Data intelligence firm Curinos rolled out a new small business lending platform Wednesday (June 22), allowing direct access for various originations metrics. The platform, called...

READ MORE >