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.

FinTech Pico Going Public By Merging With SPAC
FinTech Pico Going Public By Merging With SPAC
August 04, 2021  |  IPO

The technology services firm Pico is set to go public following a $1.75 billion merger with a special-purpose acquisition company (SPAC). Pico and FTAC Athena...

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Rapyd To Step Up FinTech-as-a-Service Offerings With $300M In New Funding
Rapyd To Step Up FinTech-as-a-Service Offerings With $300M In New Funding
August 03, 2021  |  Investments

Global FinTech startup Rapyd on Tuesday (Aug. 3) announced a $300 million Series E funding round led by Target Global. Several new investors joined the...

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Investors, Innovators Flex Their Open Banking Muscles
Investors, Innovators Flex Their Open Banking Muscles
August 03, 2021  |  B2B Payments

Open banking continues to fuel the collaborative efforts of banks, credit unions (CUs), FinTechs and other innovators. This week’s deep dive into the space finds...

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Banking Circle Aims For $500M Funding Round
Banking Circle Aims For $500M Funding Round
August 02, 2021  |  Investments

FinTech startup Banking Circle seeks to raise approximately $500 million in a forthcoming funding round. The potential new funding would push the company’s valuation to...

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Arvest Bank On Using ITMs To Meet Customers’ Expectations For Personalization
Arvest Bank On Using ITMs To Meet Customers’ Expectations For Personalization
August 02, 2021  |  Digital-First Banking

The lowly ATM may be the next front in FinTechs' ongoing encroachment of the financial sector. In PYMNTS' new Digital-First Banking Tracker, Arvest Bank's Jason...

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LatAm’s Xepelin Debuts SMB Lending, Revenue Service
LatAm’s Xepelin Debuts SMB Lending, Revenue Service
August 01, 2021  |  B2B Payments

Xepelin, a Chilean FinTech that provides an online financial services platform for small- to medium-sized businesses (SMBs), has raised $30 million in equity and another...

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Monzo Faces FCA Investigation Into Alleged AML Contraventions
Monzo Faces FCA Investigation Into Alleged AML Contraventions
July 30, 2021  |  International

London FinTech Monzo is facing an investigation from the Financial Conduct Authority (FCA) over allegations of possibly violating anti-money laundering (AML) laws, Financial Times reported...

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PayPal’s Not-So-Subtle Super App Ambitions Point To Brewing Fight
PayPal’s Not-So-Subtle Super App Ambitions Point To Brewing Fight
July 30, 2021  |  Mobile Applications

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Report: Interactive Teller Machines Give FIs New Tool In High Tech, High Touch Service Model
Report: Interactive Teller Machines Give FIs New Tool In High Tech, High Touch Service Model
July 30, 2021  |  Digital-First Banking

Digital banking has changed immensely over the past year, and many of the new habits customers learned are here to stay. A full 89 percent...

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