Fintech Funding news and trends

Bankruptcy Experts Predict ‘Big Year for Insolvency’ in 2024
Economy // January 02, 2024

Insolvency experts are reportedly gloomy about what 2024 will bring big companies. These firms will face continued high borrowing costs and reduced consumer spending, with tech companies among those facing financial upheaval, the Press Association reported Sunday (Dec. 31), citing interviews with industry experts. The report cited...

Payflow Raises $21 Million to Expand Earned Wage Access
Payroll // September 18, 2023

Spanish FinTech Payflow has raised $21 million to expand its on-demand payment offering for employees.  “In the current context, this is more than great news, this is transformational for us and will allow us to grow 10x in Europe and Latin America,” Co-founder Benoit Menardo announced on...

In VC Competition With China, US B2B FinTech Wins
B2B Payments // February 07, 2017

China is an emerging FinTech hotbed thanks to its expanding middle class, rapid digitization and electronic payments adoption. But a new report from Citi found that, while China may be the market to watch for FinTech investments, the U.S. continues to thrive at the top of...

Non-Bank For SMEs Gets $2M Seed Backing
B2B Payments // July 26, 2016

Small business banking firm Tide positions itself as the “world’s first” mobile-first banking tool for SMEs and boasts its speedy services for small businesses looking to set up a bank account. Now, venture capitalists have provided seed funding to help Tide accelerate its growth, too....

Quick Reads
FIS Launches Networking Program for FinTech Startups

January 31, 2024
Financial services technology firm FIS has launched its 2024 FIS Fintech Hangout Series. The program, announced Wednesday (Jan. 31), connects FinTech startups, investors, financial institutions, FIS experts and participants from the FIS Fintech Accelerator Program.  “This series will spark meaningful conversations, share best practices and showcase the amazing work of the participating FinTechs,” FIS said in a news […]

Bankruptcy Experts Predict ‘Big Year for Insolvency’ in 2024

January 02, 2024
Insolvency experts are reportedly gloomy about what 2024 will bring big companies. These firms will face continued high borrowing costs and reduced consumer spending, with tech companies among those facing financial upheaval,...

Payflow Raises $21 Million to Expand Earned Wage Access

September 18, 2023
Spanish FinTech Payflow has raised $21 million to expand its on-demand payment offering for employees.  “In the current context, this is more than great news, this is transformational for us and...

Revolut Nabs $10M To Ease Global Currency Exchange

July 12, 2016
London FinTech startup Revolut announced that it raised a $10 million (£7.75 million) Series A funding round to help improve the way people spend and send various types of currencies...