FinTechs

Payments Startup Dlocal Eyes Sale and Taps Ex-MercadoLibre CFO Arnt as Co-CEO
Payments Startup Dlocal Eyes Sale and Taps Ex-MercadoLibre CFO Arnt as Co-CEO
August 15, 2023  |  Acquisitions

Uruguay-based payments services provider dLocal is reportedly seeking a buyer. The company has been working with a financial adviser about a potential sale, Bloomberg News...

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Back-Office Overhaul Critical to Survival in Faster Payments Landscape, Says Form3
Back-Office Overhaul Critical to Survival in Faster Payments Landscape, Says Form3
August 08, 2023  |  Payment Methods

Just a few weeks after launch, FedNow is live. Miriam Sheril, Head of Product, U.S. at Form3, said that the initial interest and embrace by banks just a...

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PYMNTS Intelligence: Why Credit Unions Are Merging to Sharpen Their Competitive Edge
PYMNTS Intelligence: Why Credit Unions Are Merging to Sharpen Their Competitive Edge
August 07, 2023  |  Digital Banking

The financial industry has become more competitive than ever as shifting economic conditions and the pandemic’s lingering effects make digital banking the primary means by...

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Sezzle Awarded ‘Top FinTech’ Recognition by CNBC
Sezzle Awarded ‘Top FinTech’ Recognition by CNBC
August 02, 2023  |  Buy Now Pay Later

Payments platform Sezzle has been named one of CNBC’s top FinTechs. The award for the World’s Top Fintech Companies 2023, announced Wednesday (Aug. 2), places Sezzle among...

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PayU Selling Bulk of Business to Rapyd to Focus on India
PayU Selling Bulk of Business to Rapyd to Focus on India
August 01, 2023  |  Acquisitions

Payments company PayU will sell most of its global business to Rapyd in a $610 million deal. The all-cash transaction, announced Tuesday (Aug. 1), will...

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Experian Enables Consumers to Share Payroll Information for Verification
Experian Enables Consumers to Share Payroll Information for Verification
July 19, 2023  |  Authentication

Experian has expanded its real-time income and employment verification offering. The enhancement enables consumers to provide permissioned access to their payroll accounts and share information...

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Sezzle CEO Sees Banks Ramping Up FinTech Acquisitions in 2024 and Beyond
Sezzle CEO Sees Banks Ramping Up FinTech Acquisitions in 2024 and Beyond
July 18, 2023  |  Acquisitions

As 2023 winds into its final few months and 2024 dawns, banks may be on the prowl for acquisitions. And according to Charlie Youakim, CEO...

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Raisin Predicts Deposit Base Will Grow to $56 Billion
Raisin Predicts Deposit Base Will Grow to $56 Billion
July 17, 2023  |  Banking

German FinTech Raisin is reportedly banking on a shift among lenders to alternative funding sources. The savings and investment platform anticipates that deposits for which...

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Threat of Deepfakes Drives Two-Thirds of FinTechs to Boost Fraud Budgets
Threat of Deepfakes Drives Two-Thirds of FinTechs to Boost Fraud Budgets
July 12, 2023  |  Fraud Prevention

For every new fraud scheme that pops up, dozens of FinTechs are responding to quash it. Yet despite their expertise in cutting-edge technology, FinTechs are...

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