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.

Today in FinTech: FinAccel Buys Major Banking Stake; Klarna Closes PriceRunner Deal; Mobile Wallet DigiWallet Collabs With Telepin
Today in FinTech: FinAccel Buys Major Banking Stake; Klarna Closes PriceRunner Deal; Mobile Wallet DigiWallet...
April 04, 2022  |  Acquisitions

In today’s FinTech news, Kedivo parent FinAccel picked up a 75% stake in Bank Bisnis, while Klarna finalized its deal for PriceRunner. Plus, Telepin and...

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New Zealand Digital Wallet Dosh Nets $5M in Seed Funding
New Zealand Digital Wallet Dosh Nets $5M in Seed Funding
April 04, 2022  |  Investments

Dosh, New Zealand’s first digital wallet, has raised $5 million in what it called a record-setting seed investment round, TechFundingNews reported Monday (April 4). The...

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Education Fund FinTech Kaleidoscope Raises $10M in Series A
Education Fund FinTech Kaleidoscope Raises $10M in Series A
April 04, 2022  |  Investments

Education-based philanthropy FinTech platform Kaleidoscope has raised $10 million in a Series A funding round for scaling the business and investing in a funds disbursement...

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FinTechs, Issuers Rally to Ease Rental Housing Crunch
FinTechs, Issuers Rally to Ease Rental Housing Crunch
April 04, 2022  |  Real Estate

A perfect storm of factors finds more U.S. consumers facing soaring rental prices on fewer homes in 2022, bringing more FinTechs and big names in...

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Report: 73% of Consumers Want Control Over How to Prove Their Identity
Report: 73% of Consumers Want Control Over How to Prove Their Identity
April 04, 2022  |  Authentication

The rise of digital-first financial processes has brought convenience and speed to the forefront of payments. But the wheels of progress have moved faster than...

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JPMorgan’s Dimon: Competition Between Banks and FinTechs Is ‘Intensifying’
JPMorgan’s Dimon: Competition Between Banks and FinTechs Is ‘Intensifying’
April 04, 2022  |  Banking

There are few certainties in the world — but among them, as noted by Jamie Dimon, CEO of JPMorgan Chase, in his annual letter to...

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FinAccel Acquires $200M Majority Stake in Bank Bisnis
FinAccel Acquires $200M Majority Stake in Bank Bisnis
April 04, 2022  |  Acquisitions

Consumer credit risk, scoring and lending platform FinAccel is acquiring a majority stake in the private commercial financial institution Bank Bisnis International for $200 million...

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Sowing the Seeds of the Connected Economy, Seed Round by Seed Round
Sowing the Seeds of the Connected Economy, Seed Round by Seed Round
April 04, 2022  |  Connected Economy

As venture firms provide the seed capital that helps startups scale, naturally, they are also in the business of seeding trends. Tripp Shriner, partner at...

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SIBS CEO: EU Digital Wallet Interoperability Will Reduce Dependence on ‘Rigid’ Global Networks
SIBS CEO: EU Digital Wallet Interoperability Will Reduce Dependence on ‘Rigid’ Global Networks
April 04, 2022  |  Cross-border Payments

“Very dependent on global networks.” That’s how Madalena Cascais Tomé, CEO of Portugal-based payments firm SIBS, described cross-border mobile payments across Europe — a challenge...

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