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.

Flutterwave Denies Kenyan Regulator’s AML Claims
Flutterwave Denies Kenyan Regulator’s AML Claims
July 07, 2022  |  AML

Digital payments FinTech Flutterwave has denied any wrongdoing after a court in Kenya froze its bank accounts. Get the Full Story Complete the form to...

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Today in FinTech: Korea Gets Crypto Bank; MAS Grants MPI; B2B BNPL in Africa
Today in FinTech: Korea Gets Crypto Bank; MAS Grants MPI; B2B BNPL in Africa
July 07, 2022  |  Fintech Investments

In today’s FinTech news, Korea gets its first crypto bank while Singapore awards a major payment institution license. Plus, B2B buy now, pay later (BNPL)...

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Binance.US Names Former Acorns, PayPal Exec Jasmine Lee CFO
Binance.US Names Former Acorns, PayPal Exec Jasmine Lee CFO
July 07, 2022  |  Personnel

Cryptocurrency exchange Binance.US has named Jasmine Lee as chief financial officer (CFO), taking over for interim CFO Eric Segal, who was appointed last October after...

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Slight Rebound for FinTech IPOs Marks Shortened Holiday Week
Slight Rebound for FinTech IPOs Marks Shortened Holiday Week
July 07, 2022  |  IPO

We wouldn’t call it a comeback. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Sleek Secures Payments License in Singapore
Sleek Secures Payments License in Singapore
July 07, 2022  |  International

FinTech startup Sleek, an all-in-one digital platform for small businesses, was granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS),...

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PYMNTS Summer Series: The ‘Great Blending’ Sees Payments Migrate From Utility to Strategic Advantage
PYMNTS Summer Series: The ‘Great Blending’ Sees Payments Migrate From Utility to Strategic Advantage
July 07, 2022  |  Digital Payments

Merchants have traditionally viewed payments as a utility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Today in FinTech: Voyager Goes Bankrupt; Revolut Teams With Stripe; New Probe Into Zelle
Today in FinTech: Voyager Goes Bankrupt; Revolut Teams With Stripe; New Probe Into Zelle
July 06, 2022  |  Technology

In today’s FinTech news, Voyager has filed for Chapter 11 bankruptcy, adding to the mounting turmoil in the overall cryptocurrency ecosystem. Meanwhile, Revolut and Stripe...

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FinTech UnDosTres Raises $30M to Reach the 40% of Mexicans Who Don’t Transact Online
FinTech UnDosTres Raises $30M to Reach the 40% of Mexicans Who Don’t Transact Online
July 06, 2022  |  Investments

Digital payments platform UnDosTres has raised $30 million in a Series B funding round, the Mexico City-based company announced in a Wednesday (July 6) press...

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Envestnet Acquires Revenue and Billing Management Platform Redi2 Technologies
Envestnet Acquires Revenue and Billing Management Platform Redi2 Technologies
July 06, 2022  |  Acquisitions

Wealth management technology firm Envestnet on Wednesday (July 6) acquired revenue management and global financial services industry fee-billing solution Redi2 Technologies, according to a joint...

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