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.

German Investor CommerzVentures Raises $334M to Boost EU FinTech and Insurtech Startups
German Investor CommerzVentures Raises $334M to Boost EU FinTech and Insurtech Startups
March 01, 2022  |  Investments

FinTech investor CommerzVentures has closed a 300 million euro ($334 million) funding round designed to support companies in the FinTech, InsurTech and climate FinTech sectors....

READ MORE >
FinTech M-KOPA Raises $75M to Expand Platform for Underbanked
FinTech M-KOPA Raises $75M to Expand Platform for Underbanked
March 01, 2022  |  Investments

African FinTech startup M-KOPA raised $75 million in a growth equity round to expand its financial services platform for the underbanked into additional countries beyond...

READ MORE >
Western Union Business Solutions Now Convera, Says is Largest Non-Bank Global B2B Payments Platform
Western Union Business Solutions Now Convera, Says is Largest Non-Bank Global B2B Payments Platform
March 01, 2022  |  Acquisitions

Goldfinch Partners and The Baupost Group have reached the initial closing in their acquisition of Western Union Business Solutions (WUBS) for $910 million, the two...

READ MORE >
Why FinTechs Are Turning Paper Checks Into ‘Money Mobility Instruments’
Why FinTechs Are Turning Paper Checks Into ‘Money Mobility Instruments’
March 01, 2022  |  Payment Methods

As neobanks, FinTechs and banks jockey for market share, they must focus attention on the check — that signed paper payment instrument that is making...

READ MORE >
Mobile-First LatAm Consumers Pull Merchants Into eCommerce, Digital Payments
Mobile-First LatAm Consumers Pull Merchants Into eCommerce, Digital Payments
March 01, 2022  |  Digital Payments

Given that over 90% of Mexican consumers use some form of online banking, it only makes sense that this digital shift would expand to other...

READ MORE >
French FinTech Touts Benefits of Being EU-Regulated Instant Credit Provider
French FinTech Touts Benefits of Being EU-Regulated Instant Credit Provider
March 01, 2022  |  International

Regulated, instant, no limit on the amount or maturity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Today in FinTech: Payment Options Are Key to LatAm Streaming; IGT Sells Payments Arm; Tribal Partners With Visa
Today in FinTech: Payment Options Are Key to LatAm Streaming; IGT Sells Payments Arm; Tribal...
February 28, 2022  |  Fintech Investments

In today’s FinTech news, streaming services are big in Latin America, but a myriad of payment options are needed for success, according to Paramount. Get...

READ MORE >
OppFi Names Founder and Executive Chairman Todd Schwartz as CEO
OppFi Names Founder and Executive Chairman Todd Schwartz as CEO
February 28, 2022  |  Personnel

The board of directors at FinTech OppFi Inc. on Monday (Feb. 28) named founder Todd Schwartz as chief executive officer, replacing Neville Crawley in that...

READ MORE >
Customer Satisfaction With Credit Unions Slid 2% in 2021
Customer Satisfaction With Credit Unions Slid 2% in 2021
February 28, 2022  |  Credit Unions

Credit union members’ satisfaction with their credit union (CU) has seen a noticeable decline. Get the Full Story Complete the form to unlock this article...

READ MORE >