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.

FinTech Jeeves Raises $180M Series C at $2.1B Valuation
FinTech Jeeves Raises $180M Series C at $2.1B Valuation
March 22, 2022  |  B2B Payments

FinTech infrastructure platform Jeeves raised $180 million in a Series C funding round led by China’s Tencent that puts the startup’s valuation at an estimated...

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Payments Firm Opy Offers Financing for Car Repairs
Payments Firm Opy Offers Financing for Car Repairs
March 22, 2022  |  Loans

Payments FinTech Opy has branched out into the automotive sector, offering its OpyPay product at franchised auto dealerships around the country, according to a Tuesday...

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Regional Central Bank Alliances May Shape the Digital Dollar’s Future
Regional Central Bank Alliances May Shape the Digital Dollar’s Future
March 22, 2022  |  CBDC

The Bank for International Settlements (BIS) and four central banks have completed trials of two blockchain-based platforms that a multinational central bank digital currency (CBDC)...

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Utah FinTech Galileo Accelerates Colombian Expansion
Utah FinTech Galileo Accelerates Colombian Expansion
March 22, 2022  |  International

Galileo Financial Technologies, the Salt Lake City, Utah-based subsidiary of SoFi Technologies, has expanded its services in  Colombia, South America, the company announced Tuesday (March 22)....

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Finally, a Small Business Accounting Automation Startup, Raises $95M
Finally, a Small Business Accounting Automation Startup, Raises $95M
March 21, 2022  |  Investments

Accounting and finance automation startup Finally raised $95 million in a Series A equity and debt funding round led by PeakSpan Capital, according to a...

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Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector
Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector
March 21, 2022  |  artificial intelligence

Use of artificial intelligence (AI) by financial institutions (FIs) and FinTechs is growing exponentially, and regulators are closing in on rule making for advanced systems...

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As Banks Go Digital, Onboarding Can Still Feel Analog
As Banks Go Digital, Onboarding Can Still Feel Analog
March 21, 2022  |  Digital Onboarding

The pandemic changed the way we do banking for good. It’s not just about the shift to a more digital form of banking. The pandemic...

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Today in FinTech: Euroclear Backs Fnality; Recharge.com Grows Footprint; Rate Hike Could Help Legacy Banks
Today in FinTech: Euroclear Backs Fnality; Recharge.com Grows Footprint; Rate Hike Could Help Legacy Banks
March 21, 2022  |  Fintech Investments

In today’s FinTech news, Euroclear has invested in blockchain payments consortium Fnality, while Recharge.com is expanding its gift card offerings to the land Down Under....

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Egypt FinTech Rewards App Lucky Grabs $25M in Series A Funding Round
Egypt FinTech Rewards App Lucky Grabs $25M in Series A Funding Round
March 21, 2022  |  Investments

Egyptian cash back rewards app Lucky on Monday (March 21) wrapped up a $25 million fundraising round that is the largest Series A funding effort...

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