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.

Old Banks Tap New FinTechs to Gain Technology Competitive Edge
Old Banks Tap New FinTechs to Gain Technology Competitive Edge
April 20, 2022  |  Banking

Community, state and even regional banks are not going to have the money it takes to build the technology that they need to compete in...

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FinTech Brex Expands Its Capabilities With Acquisition of Financial Planning Platform Pry
FinTech Brex Expands Its Capabilities With Acquisition of Financial Planning Platform Pry
April 20, 2022  |  Acquisitions

Brex, a provider of financial software and services geared for startups, Tuesday (April 19) announced it has acquired Pry Financials, a financial modeling platform oriented...

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EU’s Open Banking’s Payments Transformation Faces FinTech Headwinds
EU’s Open Banking’s Payments Transformation Faces FinTech Headwinds
April 20, 2022  |  Digital Payments

The introduction of open banking in 2019, enabled by the revised Payment Services Directive (PSD2), has significantly transformed the digital payments space in Europe, with...

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Microsoft Invests in B2B FinTech Startup Udaan’s Over $200M Debt Financing Round
Microsoft Invests in B2B FinTech Startup Udaan’s Over $200M Debt Financing Round
April 19, 2022  |  Investments

B2B FinTech and eCommerce company udaan announced that Microsoft has joined the company’s debt financing round, The Economic Times reported Monday (April 18). udaan is...

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B2B Financing Platform Recur Club Raises $30M
B2B Financing Platform Recur Club Raises $30M
April 19, 2022  |  Investments

B2B FinTech platform Recur Club has raised $30 million in seed funding, the Indian company announced on its website Tuesday (April 19). “We’re cracking open...

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Société Généralee Launches Trade Finance Accelerator
Société Généralee Launches Trade Finance Accelerator
April 19, 2022  |  B2B Payments

French multinational investment bank Société Générale has launched what it calls the “Payment & Transaction Banking Accelerator” (P&T BAX). As the company said in a...

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Today in FinTech: Neat Capital Closes B-1; Abhi Secures $17M; NovoPayment Raises $19M
Today in FinTech: Neat Capital Closes B-1; Abhi Secures $17M; NovoPayment Raises $19M
April 19, 2022  |  Fintech Investments

In today’s FinTech news, Neat Capital is expanding its lending business to help home buyers close fast, while Abhi’s lending business in Pakistan helps people...

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Indian Lender Kinara Raises $50M in Equity Round
Indian Lender Kinara Raises $50M in Equity Round
April 19, 2022  |  Investments

Kinara Capital has raised $50 million in an equity round, with the funds designed to help the FinTech disburse $1 billion in loans to Indian...

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Home Loan FinTech Neat Capital Wraps Series B-1
Home Loan FinTech Neat Capital Wraps Series B-1
April 19, 2022  |  Investments

Colorado FinTech Neat Capital has wrapped a Series B-1 funding round with Forecast Labs, a New York City-based venture group and division of Comcast. According...

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