The dreaded word — recession — is increasingly being bandied about as economists sound the alarm of tough times ahead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The once-hot FinTech space is in the midst of a big chill, shedding half a trillion in valuation as the cumulative value of shares of newly-listed firms in the sector dropped $156 billion so far this year. Get the Full Story Complete the form to...
Mexican FinTech Stori has achieved “unicorn” status following a $150 million Series C round that brought the company’s valuation to $1.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In today’s FinTech news, Korea gets its first crypto bank while Singapore awards a major payment institution license. Plus, B2B buy now, pay later (BNPL) options can help close the working capital gap in Africa. Get the Full Story Complete the form to unlock this...
In today’s FinTech news, tenants can rent without a security deposit using a new solution from Obligo and Wells Fargo that offers landlords a letter of credit. Plus, despite the comparisons to the dotcom bubble burst, the great Tech Wreck of 2022 is way too...
In today’s FinTech news, Stashfin raised funds to reach more consumers in India with its virtual credit facility. Meanwhile, India’s central bank is halting non-bank issuers of PPIs from loading cards and digital wallets through credit lines, and Nubank is looking to buy FinTechs in...
In today’s FinTech news, Vueling will be the first low-cost airline in Europe to accept cryptocurrencies as a payment method. Plus, Samsung’s new digital wallet merges Pay and Pass and can store cryptocurrencies and check the values. Get the Full Story Complete the form to...
Home to two booming international financial centers — emirates Abu Dhabi and Dubai — the United Arab Emirates (UAE), the third-largest economy in the Arab League after Saudi Arabia and Egypt, is increasingly becoming a key regional facilitator of FinTech innovation, as the country continues...
In today’s FinTech news, Affirm said its data analytics are a central component in knowing who will pay. Meanwhile, PayCargo is helping logistics firms on land, sea, and air manage digital payments. Plus, Mastercard is helping open banking startups scale. Get the Full Story Complete...
