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.

Finnish FinTech Zevoy Raises $16M to Roll Out Across Europe
Finnish FinTech Zevoy Raises $16M to Roll Out Across Europe
April 12, 2022  |  Investments

Zevoy, the Finland-based FinTech, has closed on a 15 million euros ($16.3 million) Series A funding round, the startup announced Tuesday (April 12). The cash...

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Payments Tech Firm PayArc Lands Investment
Payments Tech Firm PayArc Lands Investment
April 12, 2022  |  Investments

Payment technology company PayArc has received a strategic investment from private equity firm Bregal Sagemount. The company said in a news release Tuesday (April 11)...

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US-Based FinTech Nova Credit Expands to Europe
US-Based FinTech Nova Credit Expands to Europe
April 12, 2022  |  International

Nova Credit, the San Francisco-headquartered FinTech, is betting Europe will be the next place to set up shop, the company announced Tuesday (April 12). The...

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Finastra, Microsoft Form BaaS Partnership for Small Business Lending
Finastra, Microsoft Form BaaS Partnership for Small Business Lending
April 12, 2022  |  Partnerships

London-based FinTech Finastra has launched a Banking-as-a-Service (BaaS) collaboration with Microsoft, according to a Tuesday (April 12) press release. The partnership is designed to offer...

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Voyager Innovations Raises $210M, Becomes Unicorn
Voyager Innovations Raises $210M, Becomes Unicorn
April 12, 2022  |  Investments

Voyager Innovations, the owner of FinTech PayMaya and neobank Maya Bank, has achieved unicorn status after raising $210 million, according to a Monday (April 11)...

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Today in FinTech: MrQ Games Gets Instant Payments; MTN Granted Mobile Banking License; Google Automates Finance Processes
Today in FinTech: MrQ Games Gets Instant Payments; MTN Granted Mobile Banking License; Google Automates...
April 11, 2022  |  International

In today’s FinTech news, Contis and Ecospend are bringing instant payments to MrQ games, while MTN is granted a license to operate a mobile bank....

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Today in B2B: How Payments Automation Reduces Errors
Today in B2B: How Payments Automation Reduces Errors
April 11, 2022  |  B2B Payments

Today in B2B payments, Cellulant expands its payments platform into Ghana, and Pax8 is expanding its SMB tech platform thanks to a $185 million fundraising...

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EMEA Daily: Strauss & Co. Hosts NFT Auction for Fine Wines; Apple Faces More EU Antitrust Charges
EMEA Daily: Strauss & Co. Hosts NFT Auction for Fine Wines; Apple Faces More EU...
April 11, 2022  |  International

In today’s top Europe, Middle East and Africa news, South African auction house Strauss & Co. will offer fine wine non-fungible tokens to the highest...

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In Battle Between Banks and FinTechs, Pairing Strengths Is Path to Super Apps, Shared Prosperity
In Battle Between Banks and FinTechs, Pairing Strengths Is Path to Super Apps, Shared Prosperity
April 11, 2022  |  Banking

Consumers’ trust is in place. Now it’s up to the traditional banks and the digital-only players — FinTechs and neobanks — to meet in the...

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