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: Circle Closer to Becoming a Bank; Central Banks Question Need for CBDCs

Today in FinTech: Circle Closer to Becoming a Bank; Central Banks Question Need for CBDCs
Today in FinTech: Circle Closer to Becoming a Bank; Central Banks Question Need for CBDCs
April 13, 2022  |  Technology

In today’s FinTech news, cryptocurrency firm Circle Internet Finance is one step closer to becoming a bank, while Libeo is launching one-click accounts receivable (AR)...

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Today in the FinTech Ukraine Daily: Crisis Response Charity CORE Distributes Cash to Ukrainian Refugees
Today in the FinTech Ukraine Daily: Crisis Response Charity CORE Distributes Cash to Ukrainian Refugees
April 13, 2022  |  Cross-border Payments

With more than 4 million Ukrainians displaced by the war, humanitarian aid is urgently needed. Get the Full Story Complete the form to unlock this...

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Brazil FinTech Stark Bank Raises $45M With Jeff Bezos’ Support
Brazil FinTech Stark Bank Raises $45M With Jeff Bezos’ Support
April 13, 2022  |  Investments

São Paulo, Brazil-based FinTech Stark Bank received $45 million in a Series B round with support from Amazon Executive Chairman Jeff Bezos, Bloomberg reported Monday...

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Pine Labs Grabs Majority Stake in Mosambee 
Pine Labs Grabs Majority Stake in Mosambee 
April 13, 2022  |  Investments

Pine Labs, the India-based eCommerce platform that provides financing and last-mile retail transaction technology, has made a significant majority investment in end-to-end payment solution provider Mosambee,...

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African Digital Bank Umba Grabs $15M for Accessible Banking
African Digital Bank Umba Grabs $15M for Accessible Banking
April 13, 2022  |  Investments

African digital bank Umba on Wednesday (April 13) closed a $15 million Series A fundraising round that will help the platform continue its growth in...

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UK-Based Flexible-Pay Platform Wagestream Raises $175M in Series C Round
UK-Based Flexible-Pay Platform Wagestream Raises $175M in Series C Round
April 13, 2022  |  Investments

Wagestream, the flexible pay and financial well-being app, has closed a Series C funding round for $175 million, a report said. Get the Full Story...

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FinTech Payaut Raises $8.6M From Google’s Gradient Ventures
FinTech Payaut Raises $8.6M From Google’s Gradient Ventures
April 13, 2022  |  Investments

Dutch FinTech Payaut has closed an 8 million euros ($8.6 million) seed funding round led by Gradient Ventures, Google’s AI-focused venture fund, along with participation...

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Payment Initiation Improves Expense Management for EU Users
Payment Initiation Improves Expense Management for EU Users
April 13, 2022  |  Digital Payments

Whether it’s in a restaurant, after a weekend among friends or even among tenants in a shared house, splitting bills and working out how much...

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