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.

Momnt Raises $15 Million to Grow Lending and Financing Platform
Momnt Raises $15 Million to Grow Lending and Financing Platform
September 06, 2023  |  Investments

Atlanta-based FinTech company Momnt has raised $15 million to grow its lending and financing platform. Since its launch in 2020, Momnt has expanded its presence in the...

READ MORE >
Adyen Pledges to Listen to Investors Following 44% Stock Price Drop
Adyen Pledges to Listen to Investors Following 44% Stock Price Drop
September 05, 2023  |  Business

Adyen is reportedly holding an investor day in November following a stock selloff. The Dutch payments processing company has been meeting with investors in a roadshow, Chief...

READ MORE >
Open Banking’s Consumer Benefits Hinge on Widespread Adoption
Open Banking’s Consumer Benefits Hinge on Widespread Adoption
September 05, 2023  |  Banking

Ross McFerrin, vice president of enterprise growth at Trustly, told PYMNTS in an interview that some fundamental questions are being asked about open banking. What exactly...

READ MORE >
Acquired.com Unveils Tool to Promote UK Open Banking
Acquired.com Unveils Tool to Promote UK Open Banking
September 04, 2023  |  Banking

Acquired.com, a United Kingdom FinTech, has debuted a tool to help merchants offer open banking payments. The payments specialist’s Hosted Checkout solution lets merchants accept credit and...

READ MORE >
Zilch Considers London Stock Exchange for IPO
Zilch Considers London Stock Exchange for IPO
September 01, 2023  |  IPO

Zilch is reportedly exploring options for an initial public offering (IPO), with the London Stock Exchange (LSE) being a potential listing venue. According to CEO Philip Belamant,...

READ MORE >
Ivy Secures $20 Million in Funding to Expand Global Open Banking Network
Ivy Secures $20 Million in Funding to Expand Global Open Banking Network
August 31, 2023  |  Investments

Berlin-based startup Ivy has raised $20 million in Series A funding to expand its global network for open banking payments. “Ivy is building a network of networks...

READ MORE >
FinTech Upgrade Expands Services to Include Consumer Auto Loans
FinTech Upgrade Expands Services to Include Consumer Auto Loans
August 30, 2023  |  Personal Loans

Upgrade is expanding its services to include consumer auto loans. To kickstart its auto lending business, the San Francisco-based FinTech company will initially make its offering...

READ MORE >
Circle and Mercado Pago Partner to Improve Access to USDC
Circle and Mercado Pago Partner to Improve Access to USDC
August 29, 2023  |  Partnerships

Global FinTech firm Circle has partnered with Mercado Pago, the largest FinTech company in Latin America, to enhance efficiency and accessibility to digital dollars in Chile. By granting...

READ MORE >
MoonPay Launches Investment Arm to Drive Web3 Adoption
MoonPay Launches Investment Arm to Drive Web3 Adoption
August 29, 2023  |  Investments

Web3 infrastructure company MoonPay has launched an investment arm that aims to support and collaborate with startups in the Web3 and FinTech ecosystems. The new MoonPay Ventures will...

READ MORE >