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.

With Domestic Travel Booming, Hopper Bets Its New Services Will Take Off Too
With Domestic Travel Booming, Hopper Bets Its New Services Will Take Off Too
August 25, 2021  |  Merchant Innovation

As COVID-19 ebbs and flows and a sustainable re-opening for business and leisure remains shrouded in uncertainty, at least one thing has become clear; people...

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B2B Digital Platform Bazaar Nets $30M In Series A Funding
B2B Digital Platform Bazaar Nets $30M In Series A Funding
August 24, 2021  |  Investments

B2B eCommerce startup Bazaar has generated $30 million in the largest Series A funding round for a company in Pakistan, according to a Tuesday (Aug....

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US-Based FinTech Pngme Raises $15M To Expand Services Across Africa
US-Based FinTech Pngme Raises $15M To Expand Services Across Africa
August 24, 2021  |  Investments

Financial data infrastructure and machine learning-as-a-service platform Pngme has raised $15 million in Series A funding, the company said in a Tuesday (Aug. 24) announcement....

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Visa Teams With Ascenda For Loyalty Rewards In Asia Pacific
Visa Teams With Ascenda For Loyalty Rewards In Asia Pacific
August 24, 2021  |  Partnerships / Acquisitions

Visa is partnering with Singapore-headquartered global loyalty rewards startup Ascenda to advance new programs for customers in the Asia Pacific region. The loyalty program will...

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Arab Bank To Back Egyptian FinTech, AI And Cybersecurity Startups
Arab Bank To Back Egyptian FinTech, AI And Cybersecurity Startups
August 22, 2021  |  Startups

Arab Bank has launched an Egypt branch of its FinTech, artificial intelligence (AI) and cybersecurity accelerator, the bank announced in a press release posted by...

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Paysafe Acquires Germany’s viafintech, Boosts Its Alternative Banking, Payment Solutions
Paysafe Acquires Germany’s viafintech, Boosts Its Alternative Banking, Payment Solutions
August 22, 2021  |  Partnerships / Acquisitions

Specialized payments platform Paysafe will be acquiring Germany-based viafintech, which offers the biggest bank-independent payments structure in the DACH region (Austria, Germany and Swizerland), according...

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The Week In Payments: Amazon Eyes Physical Retail, FinTech Valuations Soar, BNPL Digs In Deep
The Week In Payments: Amazon Eyes Physical Retail, FinTech Valuations Soar, BNPL Digs In Deep
August 20, 2021  |  Innovation

The week began with market watchers going nuts over a single unsourced report suggesting Amazon was looking to launch dozens of brick-and-mortar department stores across...

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FinTech SPAC Activity Heats Up
FinTech SPAC Activity Heats Up
August 20, 2021  |  IPO

FinTech-related special purpose acquisition company (SPAC) activity got a bit of a rebound this past week — specifically, targeting banking services and products, where new...

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B2B FinTech Funding Takes A Summer Breather
B2B FinTech Funding Takes A Summer Breather
August 20, 2021  |  B2B Payments

After months of high-profile funding rounds, the B2B FinTech community seems to be taking a bit of a breather with venture capitalists. While this week’s...

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