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.

Eltropy Buys POPi/o to Provide Digital Communications to 400+ Credit Unions
Eltropy Buys POPi/o to Provide Digital Communications to 400+ Credit Unions
June 08, 2022  |  Acquisitions

Financial communications firm Eltropy, which specializes in credit unions (CUs), has acquired video banking relationship startup POPi/o, according to a Wednesday (June 8) press release....

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Proper Finance Raises $4.3M for FinTech Reconciliation Software
Proper Finance Raises $4.3M for FinTech Reconciliation Software
June 08, 2022  |  Investments

Integrated reconciliation and ledger data platform Proper Finance finalized a $4.3 million seed round that it will use to develop its suite of products, including...

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Software Firm Ximedes Buys Payments Startup Ginger Ahead of European Expansion
Software Firm Ximedes Buys Payments Startup Ginger Ahead of European Expansion
June 07, 2022  |  Acquisitions

European software firm Ximedes is acquiring online payments startup Ginger for undisclosed terms to strengthen Ximedes’ ability to deliver end-to-end solutions to financial institutions (FIs). ...

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EMEA Daily: UK Wants to Court Big Tech
EMEA Daily: UK Wants to Court Big Tech
June 07, 2022  |  emea

In today’s top stories from Europe, the Middle East and Africa, the British government is preparing to release a set of policies designed to attract...

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Today in FinTech: Marqeta, Western Union Team for Digital Banking, Cards; Prove Steps up Fight for APP Fraud; Thought Machine Offering Cloud-Native Cards
Today in FinTech: Marqeta, Western Union Team for Digital Banking, Cards; Prove Steps up Fight...
June 07, 2022  |  Technology

In today’s FinTech news, Marqeta and Mastercard are working together to offer digital banking in Europe with funds paid to cards. Plus, the digital identification...

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Barclaycard, Liberis Offer SMBs Revenue-Based Financing
Barclaycard, Liberis Offer SMBs Revenue-Based Financing
June 07, 2022  |  SMBs

Payments company Barclaycard and embedded business finance platform Liberis have teamed up to offer small- to medium-sized business (SMB) customers access to personalized, revenue-based financing,...

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BaaS Provider LHV UK Raises $38M to Pursue British Banking License
BaaS Provider LHV UK Raises $38M to Pursue British Banking License
June 07, 2022  |  Investments

Banking-as-a-Service (BaaS) provider LHV UK has raised 30 million British pounds (about $38 million) to finance the creation of a new British bank, UK Tech...

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FinTech Metal Pay Launches Finance App to 30 New Markets Across EU, EEA
FinTech Metal Pay Launches Finance App to 30 New Markets Across EU, EEA
June 07, 2022  |  Crypto Wallet

Digital assets technology firm Metallicus is expanding its financial app Metal Pay across the European Union (EU) and European Economic Area (EEA). The free Metal...

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Payments Firm MFS Africa Buys US FinTech Global Technology Partners
Payments Firm MFS Africa Buys US FinTech Global Technology Partners
June 06, 2022  |  Acquisitions

Digital payment company MFS Africa is set to acquire the U.S. FinTech Global Technology Partners to help issue prepaid cards — a rare incident of...

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