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.

FIS, Treasury Prime Launch Embedded Finance Tool

FIS, Treasury Prime Launch Embedded Finance Tool
FIS, Treasury Prime Launch Embedded Finance Tool
May 11, 2022  |  Partnerships

FinTech firm FIS is working with Banking-as-a-Service (BaaS) startup Treasury Prime to launch an embedded finance tool, according to a Wednesday (May 11) press release....

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UAE-Based FinTech Spades Raises $2.5M in Angel Round
UAE-Based FinTech Spades Raises $2.5M in Angel Round
May 10, 2022  |  Investments

Spades, a dine-in payment FinTech based in the United Arab Emirates (UAE), has closed a $2.5 million angel round, according to a Magnitt report Tuesday...

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Today in FinTech: Points Conversion; Open Banking Merger; BNPL Growth
Today in FinTech: Points Conversion; Open Banking Merger; BNPL Growth
May 10, 2022  |  Technology

In today’s FinTech news, it’s all about buy now, pay later (BNPL). Ayden and Afterpay are teaming up for further expansion, while Canopy joins the...

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SYNQA Rebrands as Opn, Raises $120M
SYNQA Rebrands as Opn, Raises $120M
May 10, 2022  |  Investments

Payment and embedded FinTech solutions firm Opn has raised $120 million in a Series C+ funding round, the Tokyo-based company announced Monday (May 9). Get...

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Entersekt, Capitec Team to Improve eCommerce Security
Entersekt, Capitec Team to Improve eCommerce Security
May 10, 2022  |  Partnerships

Device identity and authentication solutions provider Entersekt is working with South Africa’s Capitec Bank to improve the security of eCommerce payments, according to a Tuesday...

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TimePayment Acquires Equipment Financing Firm Wheaten Financial
TimePayment Acquires Equipment Financing Firm Wheaten Financial
May 09, 2022  |  Partnerships

TimePayment, a FinTech involved in sales financing for sellers of specialty equipment, has acquired Wheaten Financial Inc., which finances purchases of equipment, especially commercial vehicles,...

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KeyBank Acquires Loan Forgiveness Counseling Service GradFin
KeyBank Acquires Loan Forgiveness Counseling Service GradFin
May 09, 2022  |  Partnerships

KeyBank has acquired GradFin, a Philadelphia company that provides public service loan forgiveness counseling, according to a Monday (May 9) press release. Terms of the...

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Egyptian FinTech Paymob Raises $50M in Record-Setting Series B
Egyptian FinTech Paymob Raises $50M in Record-Setting Series B
May 09, 2022  |  Investments

Egyptian merchant financial services Paymob has raised $50 million in Series B financing, reportedly the largest such funding for a FinTech in that country. Get...

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