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.

Moneyhub and MX Partner to Provide Open Banking Solutions Around the World
Moneyhub and MX Partner to Provide Open Banking Solutions Around the World
July 06, 2023  |  Partnerships

Moneyhub and MX Technologies have announced a strategic partnership to leverage each company’s capabilities and networks to promote open finance for organizations and consumers in Europe and North America....

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FIS Sells Worldpay Stake to GTCR For $18.5 Billion
FIS Sells Worldpay Stake to GTCR For $18.5 Billion
July 06, 2023  |  Acquisitions

FIS is selling its majority stake in Worldpay to private equity group GTCR for $18.5 billion. The payments company announced the sale Thursday (July 6), days after reports that GTCR and Advent...

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NorthOne Integrates With Plaid for Enhanced Cash Flow Controls
NorthOne Integrates With Plaid for Enhanced Cash Flow Controls
July 05, 2023  |  Partnerships

Business banking app NorthOne has integrated with Plaid to provide customers with better cash flow controls. The integration lets small businesses that use NorthOne link their financial accounts through Plaid for...

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Nium Chief Executive Plans US IPO for 2025
Nium Chief Executive Plans US IPO for 2025
July 04, 2023  |  IPO

Singapore-based payments FinTech Nium hopes to become a public company in two years. The $2 billion firm aims to go public in the U.S. by...

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FIS Could Sell Majority Stake of Worldpay in $15 Billion Deal
FIS Could Sell Majority Stake of Worldpay in $15 Billion Deal
July 02, 2023  |  Acquisitions

FIS is reportedly considering selling a majority stake in Worldpay to private equity groups. The deal, as reported Friday (June 30) by the Financial Times (FT), would worth...

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Report: Citigroup Reviews Deal With Metaco to Develop Digital Asset Custody
Report: Citigroup Reviews Deal With Metaco to Develop Digital Asset Custody
June 30, 2023  |  Cryptocurrency

Citigroup is reportedly reviewing its year-old partnership with Swiss digital asset custodian Metaco. The bank has also been talking with other, similar companies, Bloomberg reported...

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Skyscend Capital and Encore Funding Launch Supply Chain Financing Offer
Skyscend Capital and Encore Funding Launch Supply Chain Financing Offer
June 29, 2023  |  B2B Payments

Skyscend Capital and Encore Funding have partnered to offer supply chain financing. With this collaboration, supply chain financing will be offered through Skyscend Pay, a...

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Nuvei Becomes a ‘Recommended Payments Partner’ for Sage
Nuvei Becomes a ‘Recommended Payments Partner’ for Sage
June 29, 2023  |  Partnerships

After more than a decade of working together, Nuvei and Sage are making their partnership more official. Nuvei, a Montreal-based FinTech, announced Thursday (June 29)...

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Revolut Offers Its Robo-Advisor to US Investors
Revolut Offers Its Robo-Advisor to US Investors
June 29, 2023  |  financial apps

British financial app Revolut has brought its robo-advisor to U.S. soil. The automated investing feature manages customers’ investment portfolios for them with fees Revolut says are...

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