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 PayZen Nets $5 Million For Hospital Payment Platform
FinTech PayZen Nets $5 Million For Hospital Payment Platform
February 11, 2021  |  Healthcare

FinTech startup PayZen said it has raised more than $5 million in seed financing. In a press release, PayZen said the company “was incubated with...

READ MORE >
FinTech Northmill Pulls In $30 Million, Plans Expansion To Norway
FinTech Northmill Pulls In $30 Million, Plans Expansion To Norway
February 11, 2021  |  Digital-First Banking

Stockholm-based Northmill Bank has pulled in 250 million in Swedish krona (about $30 million). The financial technology company (FinTech) said in a press release that...

READ MORE >
Monzo Looks To Top Off Series G With $69 Million Down Round
Monzo Looks To Top Off Series G With $69 Million Down Round
February 09, 2021  |  Investments

London FinTech Monzo is looking to top up its Series G funding round by £50 million ($69 million) on a lower valuation, UK Tech News...

READ MORE >
Regional Banks Accelerate Modernization Through FinTech
Regional Banks Accelerate Modernization Through FinTech
February 09, 2021  |  B2B Payments

For large, global financial institutions (FIs), modernizing is no easy feat. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Report: Robinhood Margin Account Users 14 Times More Likely To Default
Report: Robinhood Margin Account Users 14 Times More Likely To Default
February 08, 2021  |  Investments

It’s not a well-publicized feature, but stock trading app Robinhood is also in the lending business. Late last week, some issues with that business attracted...

READ MORE >
GajiGesa Raises $2.5 Million To Reach More Underbanked Indonesians
GajiGesa Raises $2.5 Million To Reach More Underbanked Indonesians
February 04, 2021  |  Investments

The FinTech GajiGesa Indonesia has landed $2.5 million in a seed round of funding. The company announced via LinkedIn that the funding will be used to...

READ MORE >
Today In Payments Around The World: Klarna Registers Strong US Growth; Careem Debuts Commission-Free Model For Eateries
Today In Payments Around The World: Klarna Registers Strong US Growth; Careem Debuts Commission-Free Model...
February 04, 2021  |  News

In today’s top payments news around the world, Swedish buy now, pay later (BNPL) upstart Klarna is experiencing record U.S. growth, while Careem is introducing...

READ MORE >
The Clearing House: New Data Risk Assessment Facilitates Bank/FinTech Collaboration
The Clearing House: New Data Risk Assessment Facilitates Bank/FinTech Collaboration
February 04, 2021  |  Risk Management

As mobile banking proliferates and digital-first initiatives become the hallmark of financial services, bringing FinTechs and banks together on the same page — literally —...

READ MORE >
PayPal Hits 377 Million Active Accounts In 2020; Q4 PayPal Credit TPV Hits $750 Million
PayPal Hits 377 Million Active Accounts In 2020; Q4 PayPal Credit TPV Hits $750 Million
February 03, 2021  |  Earnings

PayPal posted fourth-quarter results Wednesday (Feb. 3) that showed continued tailwinds under the rise of digital, and, specifically, contactless payments. Total payments volume stood at...

READ MORE >