FinTechs

Platforms Give Nigerians Access to Less Volatile Foreign Investments
Platforms Give Nigerians Access to Less Volatile Foreign Investments
December 13, 2022  |  Investments

African FinTech platforms that connect investors to international markets are on the rise. Leading the charge are a handful of Nigerian startups that have built...

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Opendoor’s 29% Plunge Leads FinTech IPO Index Lower
Opendoor’s 29% Plunge Leads FinTech IPO Index Lower
December 09, 2022  |  Fintech Investments

Macro concerns and interest rates tipped several FinTech IPO names into double digit declines. The FinTech IPO Index slipped by 4.4% through the past five...

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Alloy CFO: Know-Your-Business Focus Aligns Banks and FinTechs in 2023
Alloy CFO: Know-Your-Business Focus Aligns Banks and FinTechs in 2023
December 05, 2022  |  Security & Fraud

2022 was a year filled with crypto meltdowns, international sanctions, synthetic IDs and fraud attacks. But Kiran Hebbar, CFO at Alloy, told PYMNTs that 2023...

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What’s Top of Mind for FinTechs? Getting Profitable, Says Payments CEO
What’s Top of Mind for FinTechs? Getting Profitable, Says Payments CEO
December 05, 2022  |  Technology

With the new year comes new expectations for FinTech firms. The hype cycle of 2021 has resolved — dissolved might be the better word — in the...

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Open-Loop P2P Networks Give Issuers Alternatives to Status Quo
Open-Loop P2P Networks Give Issuers Alternatives to Status Quo
November 21, 2022  |  Money Mobility

Despite substantial advances in digital solutions, consumers still use cards and automated clearing house (ACH) transfers for nearly all their non-cash payments. These are closed-loop...

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Open Banking APIs Help Africa’s Mobile Money FinTechs Expand Services
Open Banking APIs Help Africa’s Mobile Money FinTechs Expand Services
November 20, 2022  |  API

According to International Monetary Fund (IMF) data, there are more than twice as many mobile money accounts as there are bank accounts across many African...

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FinTech Execs Expose the Real Costs of Fraud
FinTech Execs Expose the Real Costs of Fraud
November 18, 2022  |  Money Mobility

The average U.S. FinTech loses $51 million to fraud every year, and many lose even more. Even so, that figure only begins to capture the...

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Block Says Goal of Cash App Is To Be Primary Bank 
Block Says Goal of Cash App Is To Be Primary Bank 
November 04, 2022  |  financial apps

With a roster of 49 million active users and a record $52 billion of inflows — including a spike in direct deposits — Cash App...

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FinTech Winter Chills Funding as Busted IPOs Litter Landscape
FinTech Winter Chills Funding as Busted IPOs Litter Landscape
October 24, 2022  |  Investments

Once hot FinTechs are now facing continued pressure, particularly on the funding front. The business models, by and large, have been propelled less by profits...

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