China’s Alibaba affiliate Ant Financial is drumming up $1 billion to fund startups in Southeast Asia and India, Bloomberg reported on Tuesday...
A digital bank that raised $110 million from investors — including celebrities Leonardo DiCaprio and Orlando Bloom — is suddenly struggling to...
The potential to bring electronic payments to the continent of Africa, home to 1.2 billion unbanked and underbanked individuals, has been enough...
FinTech investment in India proceeds apace through the last few weeks of the year, with funding rounds extended to digital payments firms...
Silicon Valley-based Rapyd has closed a $100 million Series C funding round led by Oak HC/FT and joined by previous investor Stripe,...
Alt lending, and, of course, digital payments, were top of mind for investors targeting India FinTechs these past few weeks. We take...
Monzo, a London-based digital bank, has raised £113m in new funding as of this week, bringing the firm’s total valuation to £2...
Robinhood Markets, the operator of a free mobile trading app, is close to garnering a valuation of $7 billion or more. CNBC,...
A group of investors has acquired Sureswipe, a South African payments company, for an undisclosed amount. The investors were led by Apis...
TransferWise, the U.K. money transfer startup, has raised $292 million in a round of funding, giving it a valuation of $3.5 billion....
KOHO, the Canadian FinTech, announced on Wednesday (May 15) that is has closed a $42 million round of fundraising. In a press...
Cross-border money transfer startup TransferWise is looking to raise funds and will sell a stake in itself to do so, according to...
Grab, the ride-hailing startup, is in discussions with Ant Financial, the payment affiliate of Alibaba and PayPal, about spinning out Grab Financial...
Line, the Asian messaging company majority owned by Naver, the South Korean Internet search company, is expanding its business into payments and...
Grab Financial Group, the Southeast Asia FinTech company, announced Tuesday (March 19) the rollout of SME lending and micro-insurance for drivers in...
The distinction between firms that offer financial technology and FinTechs needs to be clearer, according to Provenir Managing Director Paul Thomas, and...
Brexit may dominate the headlines when it comes to the United Kingdom, but FinTech funding proceeds apace, and financial backers show a...
The U.K. FinTech market had a strong showing in 2018, with venture capital and private equity investments hitting $3.3 billion. According to...
Raisin, the pan-European FinTech that operates a marketplace for savings and investment products, announced Wednesday (February 6) that it raised $114 million in...
ARK Investment Management has launched its first FinTech-focused exchange-traded fund. The ARK FinTech Innovation ETF (ARKF) began trading publicly on the New York Stock...
Financial technology startups were able to raise $39.57 billion in venture funding last year, marking a 120 percent increase from 2017. Reuters,...
Investing and savings startup Acorns has announced a Series E funding round to bring its valuation to $860 million. The $105 million round...
One in every four consumers in the U.S. has touched this product. Some of them do so when they register their bank...
Ant Financial, the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments....
JPMorgan Chase is doubling down with its FinTech aspirations, gearing up to start development of a new FinTech corporate campus in the...
Millions of customers across Europe are placing their money with challenger banks over traditional financial institutions. According to The New York Times,...
ZestMoney, a FinTech startup out of India, recently landed a $13.4 million investment led by Xiaomi, the Chinese tech company. According to...
Monzo, the U.K. digital bank, is on track to become the next European FinTech startup to reach unicorn status. According to a...
Two small business FinTech startups announced Tuesday (July 31) that they have secured big venture capital funding rounds this week. U.S. payroll...
Klarna — the Swedish FinTech that gives consumers 30 days to pay for their purchases, letting them return them before actually shelling out...
N26, the FinTech bank startup, is upgrading its N26 Metal card, with a launch happening Wednesday (June 13). According to a report in TechCrunch,...
There are big fundraising rounds, massive fundraising rounds and incredible fundraising rounds. And then there’s raising so much money in a single...
Global venture capital firm White Star Capital has pulled in a second fund of $180 million. According to TechCrunch, the company plans...
Taking a page from Goldman Sachs’ book, Morgan Stanley is beginning to lend to FinTech startups in Brazil as it seeks more of...
Baidu’s new firm has received $1.9 billion in funding that will enable it to better compete in China’s growing FinTech space. According...
Goldman Sachs Bank USA announced Sunday (April 15) that it has acquired Clarity Money, the personal finance app, for an undisclosed sum....
solarisBank, the first FinTech with a full banking license, raised EUR 56.6 million in a round of funding that included Visa among...
To help identify FinTech products that may improve the financial health of underserved populations in the U.S., the Financial Solutions Lab (FinLab)...
Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), the UK’s financial regulatory watchdog, warned UK banks on Wednesday (Feb. 7)...
In a new financing round led by Valar Ventures, Petal raised $13 million in its mission to make credit cards accessible to those...
A Democrat has some serious advice for Congress when it comes to FinTech. “If we fail to act on FinTech, we are...
Mike Cagney, the SoFi founder who was ousted from the company three months ago after allegations of sexual harassment, is already working...
Japanese tech giant SoftBank is leading a $120 million investment round in home insurance startup Lemonade. According to Bloomberg Technology, New York-based...
Revolut, the mobile banking startup, announced Tuesday at TechCrunch’s Disrupt Berlin event that it is combining its traditional banking business with cryptocurrency...
Merely a rotation – or something more? The tech-heavy NASDAQ slipped in its biggest single-day drop in more than three months on...
Quant, a FinTech that has backing from movie stars in China, has tapped JPMorgan Chase & Co. and Morgan Stanley to serve...
FinTech startup Bread, which offers consumer financing on large online purchases, has raised $126 million in a Series B venture capital (VC)...
In activity seen through the very beginning of June, the latest period for which PYMNTS has data, the week that ended on...
The Hong Kong Securities and Futures Commission (SFC) and ASIC in Australia announced Tuesday (June 13) that they signed a cooperation agreement...
As traditional financial services firms find themselves challenged by FinTech and other upstarts, the choice, when it comes to products, services and...