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: Collab Brings Perks; Canada’s Loanz Heads to US; AutoFi Funding Goes Towards Talent; CredAvenue is India’s Fastest Growing Unicorn 
Today in FinTech: Collab Brings Perks; Canada’s Loanz Heads to US; AutoFi Funding Goes Towards...
March 07, 2022  |  Fintech Investments

In today’s FinTech news, J.P. Morgan tells PYMNTS that there are many benefits buyers and sellers can realize when they collaborate, while Canadian FinTech lender...

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Mastercard, Zeta Team on Next-Gen Credit Processing for FIs, FinTechs
Mastercard, Zeta Team on Next-Gen Credit Processing for FIs, FinTechs
March 07, 2022  |  Partnerships

Zeta, a provider of credit card processing to financial institutions (FIs) and FinTechs, and Mastercard, the global tech company in the payments industry, have inked...

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Loanz Rolling out in US as It Plans Canadian Credit Box Growth
Loanz Rolling out in US as It Plans Canadian Credit Box Growth
March 07, 2022  |  Loans

Canadian FinTech lender Loanz is planning to launch in the U.S. while also expanding its Credit Box in Canada, which offers loans to low credit...

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How Credit Unions and FinTechs Can Help Each Other
How Credit Unions and FinTechs Can Help Each Other
March 07, 2022  |  Credit Unions

Credit unions (CUs) often find themselves walking a tightrope: addressing the demand for digital banking while also holding onto the value propositions and personalized services...

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Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
March 07, 2022  |  Investments

AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million,...

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Alma CEO Says Zero Late Fee Policy Risky for BNPL
Alma CEO Says Zero Late Fee Policy Risky for BNPL
March 07, 2022  |  Buy Now Pay Later

Late fees can be an important source of revenue for traditional lenders, and for some credit card companies, it can represent up to 20% of...

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Indian FinTech CredAvenue Reaches Unicorn Status With $1.3B Valuation
Indian FinTech CredAvenue Reaches Unicorn Status With $1.3B Valuation
March 06, 2022  |  International

CredAvenue, the debt marketplace, is the newest Indian unicorn, having raised $137 million in a funding round, Bloomberg reported Sunday (March 6). The FinTech is...

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Today in FinTech: FinTechIPO™ Index Still Trending Down; Pyypl Points to Blockchain to Fill Payments Gap; Zeller Bank Claims Unicorn Status
Today in FinTech: FinTechIPO™ Index Still Trending Down; Pyypl Points to Blockchain to Fill Payments...
March 04, 2022  |  Digital Payments

In today’s FinTech news, Pyypl wants to help fill the payments gap in the United Arab Emirates by using the blockchain for cross-border payments. PYMNTS...

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Zeller Bank Becomes Unicorn with Latest $100M Funding
Zeller Bank Becomes Unicorn with Latest $100M Funding
March 04, 2022  |  Investments

Australian digital business bank Zeller raised $100 million in a Series B funding round that gave the startup a $1 billion valuation and brought its...

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