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 Ramp Secures $300 Million Series D to Expand Business Categories
FinTech Ramp Secures $300 Million Series D to Expand Business Categories
August 22, 2023  |  Investments

FinTech company Ramp has secured $300 million in a Series D funding round, bringing its post-money valuation to $5.8 billion. The funding will allow Ramp to expand...

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Yeeld and Airwallex Team to Enhance International Payments
Yeeld and Airwallex Team to Enhance International Payments
August 22, 2023  |  Partnerships

FinTech startup Yeeld has partnered with Airwallex to accelerate global payments and financial operations for customers. Yeeld, founded by former Stripe employees Emily Tsitrian and Mira Boora, specializes in assisting businesses of all sizes...

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Beyond Launches Tally to Streamline Payments for Short-Term Vacation Rentals
Beyond Launches Tally to Streamline Payments for Short-Term Vacation Rentals
August 22, 2023  |  Payments As A Service

Beyond, a revenue management solution for vacation rental managers and owners, has unveiled Tally, a payment processing solution specifically designed for the vacation rental industry....

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Koverly Launches B2B BNPL Platform for International Trade
Koverly Launches B2B BNPL Platform for International Trade
August 22, 2023  |  B2B Payments

Koverly has unveiled its B2B buy now, pay later (BNPL) platform, offering businesses enhanced payment flexibility and reduced foreign exchange (FX) rates. The standout feature of...

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FIS Hires Former Walgreens Exec James Kehoe as New CFO
FIS Hires Former Walgreens Exec James Kehoe as New CFO
August 22, 2023  |  CFO

FinTech giant FIS Global has announced the appointment of James Kehoe as its new chief financial officer (CFO), who began his new role Monday (Aug. 21). Kehoe...

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Clara Launches Cross-Border Payments Service in Mexico
Clara Launches Cross-Border Payments Service in Mexico
August 21, 2023  |  Cross-border Payments

FinTech company Clara has reportedly launched a cross-border payments service in Mexico.  The service facilitates international transactions by allowing clients to pay bills in foreign currencies, Reuters reported Monday...

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M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
August 21, 2023  |  Fintech Investments

The FinTech industry has experienced significant growth in recent years, but it is has not been immune to economic headwinds. In fact, rising interest rates,...

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Mastercard and Qashio Team to Promote Cashless Spend Management
Mastercard and Qashio Team to Promote Cashless Spend Management
August 21, 2023  |  Partnerships

Mastercard has launched a credit card partnership with Dubai-based FinTech Qashio. The collaboration will help Qashio introduce corporate credit cards and enable them with virtual issuance capabilities, according...

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Nubank’s Stock Dips After CEO Sells 3% of His Shares
Nubank’s Stock Dips After CEO Sells 3% of His Shares
August 17, 2023  |  Markets

Digital bank Nubank reportedly saw its shares dip after CEO David Velez sold a portion of his stake in the company. The stock fell by...

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