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.

Lending Startup Abhi Valued at $90M After Series A Round
Lending Startup Abhi Valued at $90M After Series A Round
April 19, 2022  |  Investments

Abhi, a Pakistan-based lending startup, has raised $17 million in a Series A funding round, bringing the company’s valuation to $90 million, Bloomberg reported Tuesday...

READ MORE >
Hybrid Banking Model Bridges ‘Much Needed’ Last-Mile Service Delivery Gap for Nigeria’s SMEs
Hybrid Banking Model Bridges ‘Much Needed’ Last-Mile Service Delivery Gap for Nigeria’s SMEs
April 19, 2022  |  Digital-First Banking

Nigeria’s current financial system can be tough to navigate for millions of merchants who live in remote communities and have no access to reliable banking...

READ MORE >
Today in FinTech: Rakuten Joins Uber Eats; Union54 Raises $12M; Ualá Founder Intros 17Sigma
Today in FinTech: Rakuten Joins Uber Eats; Union54 Raises $12M; Ualá Founder Intros 17Sigma
April 18, 2022  |  Fintech Investments

In today’s FinTech news, Uber Eats customers in Japan will soon be able to tap Rakuten for payments, while Zambia card issuing startup Union54 added...

READ MORE >
UK SMEs Gain ‘Instant, Single Click’ Lending Via Embedded Finance
UK SMEs Gain ‘Instant, Single Click’ Lending Via Embedded Finance
April 18, 2022  |  Fintech Investments

Ordering food. Taking an Uber. Booking a flight. In this age of convenience and instant gratification, any consumer performing these activities can expect to complete...

READ MORE >
Today in FinTech: Boston Red Sox Drop Cash; JPMorgan Signals Pain Ahead
Today in FinTech: Boston Red Sox Drop Cash; JPMorgan Signals Pain Ahead
April 15, 2022  |  Technology

In today’s FinTech news, for the first time ever, the Boston Red Sox are not taking cash for hot dogs, beer, shirts and other concession...

READ MORE >
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
April 15, 2022  |  Banking

When JPMorgan reported first-quarter earnings results this week, the company also built $902 million in reserves — a move that signals a tough credit environment...

READ MORE >
Stripe Reports Strong 2021 Growth, Warns It Won’t Be Repeated
Stripe Reports Strong 2021 Growth, Warns It Won’t Be Repeated
April 15, 2022  |  Earnings

Stripe handled more than $640 billion in payments in 2021 — an increase of 60% over the prior year — the two brothers who founded...

READ MORE >
Stripe Now Supports Furikomi, Konbini Payments in Japan
Stripe Now Supports Furikomi, Konbini Payments in Japan
April 15, 2022  |  International

Stripe, a financial services and Software-as-a-Service (SaaS) company, now supports two forms of payments in Japan via one integration, the company announced Friday (April 15)....

READ MORE >
FinTechs and the Retail Banking Reset
FinTechs and the Retail Banking Reset
April 15, 2022  |  Opinion

“Bank” is no longer just a location — somewhere you go — but has transformed into a verb — something you do. As the industry...

READ MORE >