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.

Froda Launches Embedded Lending Solution for Small Businesses in Denmark
Froda Launches Embedded Lending Solution for Small Businesses in Denmark
June 20, 2023  |  SMBs

Swedish FinTech Froda has launched a card-based embedded lending solution in Denmark. Developed in partnership with digital challenger bank Lunar and Visa, this offering was successfully tested in Denmark during the spring...

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US Employees Unlock Trapped PTO Value With On-Demand Cash Advance Solution
US Employees Unlock Trapped PTO Value With On-Demand Cash Advance Solution
June 20, 2023  |  Payroll

In the United States, an average employee has over $3,000 in unused paid time off (PTO) at any given moment, with over $318 billion annually...

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Banks and FinTechs Now Prioritize Collaboration Over Competition
Banks and FinTechs Now Prioritize Collaboration Over Competition
June 16, 2023  |  Partnerships

Tough times make tough businesses and underscore the viability of their corporate strategies. Deploying a viable go-forward strategy has never been more critical, particularly for...

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FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading the Charge
FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading the Charge
June 16, 2023  |  Fintech Investments

Government data pointing to cooling inflation helped buoy FinTech IPO names this past week. Retail sales data Thursday (June 15) showed that consumer spending remains...

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Investor Molten Ventures Cuts 40% off Revolut’s Valuation
Investor Molten Ventures Cuts 40% off Revolut’s Valuation
June 15, 2023  |  Business

Revolut’s struggle to land a U.K. banking license continues to cost the London-based FinTech. Molten Ventures, a venture capital firm that has invested in Revolut,...

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Report: Zepz Seeks M&A Targets After 26% Layoffs
Report: Zepz Seeks M&A Targets After 26% Layoffs
June 15, 2023  |  Partnerships / Acquisitions

Money transfer FinTech Zepz is reportedly looking to add to its business portfolio. The company, which owns remittances firms WorldRemit and Sendwave, is looking for...

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Why Sony Venture Fund is Still Bullish on Robots, and Still Thinking About Gen AI
Why Sony Venture Fund is Still Bullish on Robots, and Still Thinking About Gen AI
June 15, 2023  |  Innovation

While some people dream of the future, others work their hardest to make it reality. The innovations that these entrepreneurs invent, build and bring to...

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Visa Launches Africa FinTech Accelerator for Startups
Visa Launches Africa FinTech Accelerator for Startups
June 14, 2023  |  Startups

Visa has launched a program to help promote Africa’s growing startup community. The company’s Africa FinTech Accelerator, announced Wednesday (June 14) will help up to...

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Goldman Sachs Puts GreenSky Up for Sale: Potential Buyers Express Interest
Goldman Sachs Puts GreenSky Up for Sale: Potential Buyers Express Interest
June 13, 2023  |  Fintech Investments

Goldman Sachs is exploring strategic alternatives for its consumer arm and FinTech unit GreenSky as it scales down its retail ambitions. Among the firms that...

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