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.

Philippines Shutting Down Digital Bank Requests
Philippines Shutting Down Digital Bank Requests
August 19, 2021  |  Digital-First Banking

Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Thursday (Aug. 19) announced that the country’s central bank would stop accepting digital banking applications on Sept....

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Aspiration Aims To Go Public Before Year-End Via SPAC Merger
Aspiration Aims To Go Public Before Year-End Via SPAC Merger
August 19, 2021  |  Financial Inclusion

Green FinTech company Aspiration Partners Inc. on Wednesday (Aug. 18) announced a planned special purpose acquisition company (SPAC) merger with InterPrivate III Financial Partners Inc.,...

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CloudPay Sees Hike In Demand For Treasury Services, Nets $58M In Funding
CloudPay Sees Hike In Demand For Treasury Services, Nets $58M In Funding
August 18, 2021  |  Investments

Global pay provider CloudPay has raised $58 million in a new fundraising round, according to a press release. Get the Full Story Complete the form...

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One Finance Closes $40M Series B Funding Round
One Finance Closes $40M Series B Funding Round
August 18, 2021  |  Investments

To help its mission of reinventing “everyday finance,” FinTech One has closed a $40 million Series B funding round, according to an announcement from One...

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FinTech Startup Invoier Nets $4.8M Investment From EU Fund
FinTech Startup Invoier Nets $4.8M Investment From EU Fund
August 18, 2021  |  International

The EU’s European Innovation Council Fund has invested 4.1 million euros (approximately $4.8 million) in Stockholm-based FinTech provider Invoier to help bolster the European small...

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Fiserv Carat Enables Digital Payouts To Venmo, PayPal 
Fiserv Carat Enables Digital Payouts To Venmo, PayPal 
August 18, 2021  |  Digital Payments

Global FinTech Fiserv’s Carat ecosystem is broadening its digital payout options to enable businesses to send money directly to PayPal and Venmo accounts.  Get the...

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Ozon Wants Giant Slice Of Russian eCommerce Pie
Ozon Wants Giant Slice Of Russian eCommerce Pie
August 18, 2021  |  Retail

Russian online retailer, Ozon Holding Plc, wants to have at least one-third of the country’s eCommerce market by 2026 through a tenfold increase in sales...

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B2B FinTech Brex Acquires API Commerce Platform Weav In $50M Deal
B2B FinTech Brex Acquires API Commerce Platform Weav In $50M Deal
August 17, 2021  |  Partnerships / Acquisitions

FinTech Brex on Tuesday (Aug. 17) announced it has acquired Israel-based commerce API company Weav for $50 million as part of a plan to expand...

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FinTech Lender OneBlinc Intros Mastercard For The Underbanked
FinTech Lender OneBlinc Intros Mastercard For The Underbanked
August 17, 2021  |  Financial Inclusion

The FinTech lending startup OneBlinc is introducing a checking account and debit Mastercard to help people who are unbanked and underbanked to better manage their...

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