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.

India AP Automation Startup Finly Secures Funding
India AP Automation Startup Finly Secures Funding
December 23, 2019  |  B2B Payments

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec....

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Gulf Winds’ Data Driven Approach To Member Retention
Gulf Winds’ Data Driven Approach To Member Retention
December 23, 2019  |  Credit Unions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Smartphone App Truecaller Ventures Into Business FinTech Before IPO
Smartphone App Truecaller Ventures Into Business FinTech Before IPO
December 23, 2019  |  B2B Payments

As it ponders an IPO in the next two years, Sweden’s caller ID firm Truecaller has been piloting FinTech products to offer credit to small...

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Ant Financial Buys Stake In Vietnamese eWallet eMonkey
Ant Financial Buys Stake In Vietnamese eWallet eMonkey
December 20, 2019  |  Mobile Payments

China’s Ant Financial has negotiated an unannounced strategic investment in Vietnam’s eWallet startup eMonkey, Reuters reported on Friday (Dec. 20) citing sources. Get the Full...

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Ant Financial Invests In Vietnam’s eMonkey
Ant Financial Invests In Vietnam’s eMonkey
December 19, 2019  |  Retail

In a move that was not announced due to concerns that anti-China sentiment in Vietnam could lead to potential pushback, China’s Ant Financial has quietly...

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How Open Banking, Faster Payments Change Banks’ Fraud Threat
How Open Banking, Faster Payments Change Banks’ Fraud Threat
December 19, 2019  |  B2B Payments

An explosion of FinTech innovation has jump-started traditional financial institutions’ (FIs) digitization efforts. M&A initiatives and partnerships, Open Banking business models and data integrations, and...

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Indian FinTech ZestMoney Raises $15M Led By Goldman Sachs
Indian FinTech ZestMoney Raises $15M Led By Goldman Sachs
December 19, 2019  |  Alternative Finances

Bangalore-based FinTech ZestMoney has raised $15 million in a Series B funding round led by Goldman Sachs and existing investors Naspers, Quona Capital, and Omidyar...

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Tradeshift Taps Blockchain To Cut Cross-Border B2B Payment Costs
Tradeshift Taps Blockchain To Cut Cross-Border B2B Payment Costs
December 18, 2019  |  B2B Payments

Supply chain FinTech startup Tradeshift is cutting cross-border supplier-buyer transaction fees by tapping the public Ethereum blockchain, Coindesk reported on Wednesday (Dec. 18). Get the...

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African FinTech Chipper Cash Gets $6M To Enter New Markets
African FinTech Chipper Cash Gets $6M To Enter New Markets
December 17, 2019  |  Investments

Chipper Cash, a FinTech startup in Africa that facilitates cross-border peer-to-peer (P2P) payment services in Kenya, Rwanda, Tanzania, Nigeria, Uganda and Ghana, has raised $6...

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