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.

Nubank Lands $400M To Expand Throughout LATAM

Nubank Lands $400M To Expand Throughout LATAM
Nubank Lands $400M To Expand Throughout LATAM
July 28, 2019  |  Digital Banking

The Brazil-based FinTech Nubank raised $400 million in a Series F round of funding led by TCV, making it the first major Latin American investment...

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Rakuten Applying For US Banking Charter
Rakuten Applying For US Banking Charter
July 26, 2019  |  Banking

A Japanese FinTech company is applying for a banking charter in the United States, according to a report by American Banker. Get the Full Story...

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UK FinTech Paysend Raises £8.5M For Global Rollout
UK FinTech Paysend Raises £8.5M For Global Rollout
July 26, 2019  |  Investments

With more than 930 investors on the Seedrs investment platform, FinTech firm Paysend has notched an £8.5m Series B fundraising round from GVA Capital. Seedrs...

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Fiserv Posts Q2 Revenue Growth As First Data Deal Nears Closing
Fiserv Posts Q2 Revenue Growth As First Data Deal Nears Closing
July 25, 2019  |  Earnings

As Fiserv heads toward its $22 billion acquisition of First Data — a massive payments and FinTech deal now expected to close on or about...

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Vietnam Startup Funding Jumps 90 Pct. YOY
Vietnam Startup Funding Jumps 90 Pct. YOY
July 24, 2019  |  Investments

Startup companies in Vietnam, ranging from FinTech to logistics and artificial intelligence, are attracting a record amount of venture capital money in the country, according...

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High-Yield Deposit Accounts Come To Robo-Advisory Service Betterment
High-Yield Deposit Accounts Come To Robo-Advisory Service Betterment
July 24, 2019  |  Digital Banking

High-yield checking and savings are now being offered by online wealth advisor Betterment as a way to attract new customers.  Get the Full Story Complete...

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Shoring Up FIs ‘Deteriorating Advantage’ Over Big Tech
Shoring Up FIs ‘Deteriorating Advantage’ Over Big Tech
July 24, 2019  |  Digital Banking

Big Tech vs. big banks. Battling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Why Merchants May Need Multiple Processing Relationships
Why Merchants May Need Multiple Processing Relationships
July 18, 2019  |  Retail

FinTech firms are keeping tabs on the optimization curve of eCommerce merchants — and how their payments needs evolve. Merchants might start with an off-the-shelf...

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Nubank Lets SMBs Test New Bank Service For Free
Nubank Lets SMBs Test New Bank Service For Free
July 17, 2019  |  B2B Payments

Brazil FinTech Nu Pagamentos SA, also known as Nubank, is preparing to launch small business digital accounts, Reuters reported on Tuesday (July 16). Get the...

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