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.

AppZone Announces $10 Million Series A Toward Finance Digitization
AppZone Announces $10 Million Series A Toward Finance Digitization
April 12, 2021  |  Fintech Investments

Pan-African software provider AppZone has announced the closure of a $10 million Series A round, a press release said on Monday (April 12). Get the...

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Report: Mobile Payments App Ualá To Acquire Digital Bank Wilobank
Report: Mobile Payments App Ualá To Acquire Digital Bank Wilobank
April 09, 2021  |  Partnerships / Acquisitions

Argentina’s mobile payments app Ualá plans to acquire Wilobank, the country’s first digital bank, Bloomberg reported on Friday (April 9), citing people with knowledge of the...

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The Week In Payments: Digital Healthcare, COVID-19 Passports And The Banking Innovation Challenge 
The Week In Payments: Digital Healthcare, COVID-19 Passports And The Banking Innovation Challenge 
April 09, 2021  |  News

Big money moves in the world of healthcare. There are public concerns about FinTechs. And there’s the continuing debate about when, where and how consumers...

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Whole Paycheck: Amazon Converting Malls As Walmart Takes On Banks
Whole Paycheck: Amazon Converting Malls As Walmart Takes On Banks
April 09, 2021  |  Walmart Amazon whole paycheck

A week ago in this space, PYMNTS talked about how the two titans of retail, who have found themselves in a market share dead heat,...

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Mogo, LendingClub Bank Partner On Debit Card Issuance
Mogo, LendingClub Bank Partner On Debit Card Issuance
April 08, 2021  |  Partnerships / Acquisitions

Canadian digital payment FinTech Mogo has announced that Carta Worldwide, its payments platform, will be partnering with U.S.-based LendingClub Bank to help power a debit...

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Wealth Tech Firm Envestnet Buys FinTech Startup Harvest Savings
Wealth Tech Firm Envestnet Buys FinTech Startup Harvest Savings
April 08, 2021  |  Acquiring

Wealth management technology firm Envestnet has acquired FinTech startup Harvest Savings & Wealth Technologies for an undisclosed amount.  Get the Full Story Complete the form...

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FinTech Avant Snaps Up Zero Financial And Digital Banking App Level
FinTech Avant Snaps Up Zero Financial And Digital Banking App Level
April 07, 2021  |  Partnerships / Acquisitions

FinTech Avant, which works to give underserved consumers access to credit, has acquired Zero Financial along with its neobank, Level, according to a press release....

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Instacart And DoorDash To Launch Credit Cards
Instacart And DoorDash To Launch Credit Cards
April 07, 2021  |  Payment Methods

Instacart and DoorDash, which both have seen big gains during the pandemic, are each planning to roll out credit cards, The Wall Street Journal (WSJ)...

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JPMorgan’s Dimon’s Letter: Big Tech, FinTech Present Competitive Threat To Banks
JPMorgan’s Dimon’s Letter: Big Tech, FinTech Present Competitive Threat To Banks
April 07, 2021  |  Banking

J.P. Morgan Chase’s CEO Jamie Dimon said in his annual shareholder’s letter that banks are facing a slew of competitive challenges from tech-nimble, non-traditional financial...

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