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.

TerraPay Gets Payments License From Singapore’s Central Bank
TerraPay Gets Payments License From Singapore’s Central Bank
April 08, 2024  |  Cross-border Payments

Money transfer firm TerraPay received a major payment institution license in Singapore. The approval by the Monetary Authority of Singapore means that TerraPay is either licensed or approved in...

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PayToMe.co Adds Stripe Connect to Payment Solutions for Platforms, Marketplaces
PayToMe.co Adds Stripe Connect to Payment Solutions for Platforms, Marketplaces
April 05, 2024  |  Digital Payments

PayToMe.co integrated Stripe Connect to scale globally and enhance its payments solutions for platforms and marketplace. The integration will facilitate onboarding, global payouts, payment compliance and know your...

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Small Businesses Seek Capital From Innovative Lending Solutions
Small Businesses Seek Capital From Innovative Lending Solutions
April 04, 2024  |  SMBs

Small and medium-sized businesses (SMBs) and their owners are the backbone of local economies worldwide. And they haven’t had it easy, not recently. That’s because...

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Brim Financial Plans International Expansion After $85 Million Series C
Brim Financial Plans International Expansion After $85 Million Series C
April 03, 2024  |  Investments

FinTech infrastructure firm Brim Financial has raised $85 million in a Series C funding round. “This funding will accelerate Brim’s growth and fuel our international expansion,” Rasha Katabi, CEO and...

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NCR Voyix Says Open Banking Will Gain Wide Embrace in the US
NCR Voyix Says Open Banking Will Gain Wide Embrace in the US
April 03, 2024  |  Banking

Shadi Saifan, vice president of engineering at NCR Voyix, told PYMNTS in an interview that bridging the gap between the promise of open banking and making...

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Nuvei Goes Private in $6.3 Billion Sale to Advent International
Nuvei Goes Private in $6.3 Billion Sale to Advent International
April 01, 2024  |  Acquisitions

Canadian payments FinTech Nuvei is set to become a private company. Nuvei announced the $6.3 billion deal with private equity firm Advent International on Monday (April 1), three weeks after reports...

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Rakuten Could Combine Bank and FinTech Operations
Rakuten Could Combine Bank and FinTech Operations
April 01, 2024  |  Banking

Japanese conglomerate Rakuten is considering merging its financial operations into one unit. The plan, announced Monday (April 1), would consolidate the company’s bank, insurance, securities,...

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Post-Purchase Financing Ushers In a New Era of Lending
Post-Purchase Financing Ushers In a New Era of Lending
April 01, 2024  |  BNPL

The cart doesn’t lead the horse, which is why payments innovations tend to check the boxes that end users need most. And sometimes the smallest...

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Capital A to Integrate Ant International’s Payment Orchestration Services
Capital A to Integrate Ant International’s Payment Orchestration Services
March 29, 2024  |  Payment Methods

Ant International and AirAsia owner Capital A Berhad are exploring ways to integrate more local payments methods and payment orchestration services into Capital A’s platform....

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