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.

Challenger Bank Lunar Plans $146M Acquisition of Instabank
Challenger Bank Lunar Plans $146M Acquisition of Instabank
March 29, 2022  |  Acquisitions

Challenger bank Lunar is acquiring digital bank Instabank for 132 million euros (about $146 million), a move that will increase Lunar’s reach in Norway and...

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A2A Payments Firm Zimpler Lands Equity Funding
A2A Payments Firm Zimpler Lands Equity Funding
March 29, 2022  |  B2B Payments

Swedish payments FinTech Zimpler is planning to expand following a new round of equity funding, the company announced Tuesday (March 29). “The investment will enable...

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ArK Kapital Raises $183M for Long-Term Alternative Financing Options
ArK Kapital Raises $183M for Long-Term Alternative Financing Options
March 29, 2022  |  Investments

ArK Kapital, a data-driven precision finance startup, raised 165 million euros ($183 million) in seed capital, the Stockholm-based company announced Tuesday (March 29), EU-StartUps.com reported....

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Financial Firms Bring Inside Perspective to Crypto-as-a-Service
Financial Firms Bring Inside Perspective to Crypto-as-a-Service
March 29, 2022  |  Cryptocurrency

As cryptocurrency digs deeper into the mainstream, more and more companies find their customers are asking about it. That means banks and financial services firms...

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Today in FinTech: Startup Zepto Seeks Growth; Cornerstone to Enable Payroll in Crypto
Today in FinTech: Startup Zepto Seeks Growth; Cornerstone to Enable Payroll in Crypto
March 28, 2022  |  Technology

Today in FinTech news, Australian startup Zepto uses its Series A funding to fuel growth, while Cornerstone picks up Paydrop to facilitate cryptocurrency compensation. Plus,...

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Indonesian FinTech Amartha Eyes Bank Purchase
Indonesian FinTech Amartha Eyes Bank Purchase
March 28, 2022  |  Acquisitions

Indonesian peer-to-peer lender Amartha is in talks to acquire 70% of local bank PT Bank Victoria Syariah, according to a DealStreetAsia report Monday (March 28)....

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FinPay Grabs $15M in Growth Fundraising Round
FinPay Grabs $15M in Growth Fundraising Round
March 28, 2022  |  Investments

Patient engagement and financial management FinTech platform FinPay Holdings has wrapped up a $15 million growth round that will help the company achieve “exponential growth...

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Crypto Firm Cornerstone Acquires Payments Company Paydrop
Crypto Firm Cornerstone Acquires Payments Company Paydrop
March 28, 2022  |  Acquisitions

Cornerstone Global Management, a FinTech that turns payroll into cryptocurrency, has acquired payments company Paydrop, the company announced in a news release Monday (March 28)....

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Today in FinTech: Ola Buys Digital Bank; Alt Finance Needs Stronger ID Security
Today in FinTech: Ola Buys Digital Bank; Alt Finance Needs Stronger ID Security
March 25, 2022  |  Technology

In today’s FinTech news, ride-hail firm Ola acquires challenger bank Avail Finance, while Relay Payments launches a payments solution for the fleet industry. Plus, a...

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