March 06, 2023
FinTechs’ Shift Toward Profitability Gets Mixed Views From VCs
In a race to break even, British FinTech giant Revolut is the latest startup to claim profitability, a milestone that few neobanks have attained despite disrupting the global traditional banking...
March 02, 2023
VCs Place Bets on Businesses Seeing Value in Embedding Payments...
In today’s economic environment, reaching profitability is considered a badge of honor. And that means FinTechs and startups that have yet to achieve that holy grail of profitable growth continue...
February 24, 2023
Offering Local Payments Is Merchants’ First Step Toward Expanding Overseas
Merchants are expanding their operations abroad on a grand scale, taking advantage of the eCommerce boom to market in new regions and demographics. While industry giants such as Alibaba and...
February 23, 2023
Ant Group Profit Falls 83% After China Tech Crackdown
China’s Ant Group’s quarterly profits plummeted following a long-term crackdown on the country’s tech sector. The FinTech contributed $145 million to its affiliate Alibaba’s earnings, according to a Thursday (Feb....
February 23, 2023
Alibaba’s Growth Slows Due to COVID Disruptions
Chinese eCommerce giant Alibaba is still suffering the effects of COVID-19. The company released earnings results Thursday (Feb. 23) showing growth of 2%, a slower pace than its last quarter,...
February 21, 2023
New Antitrust Study Shows Reining In Big Tech Doesn’t Spur...
By JK Bahr, Vanderbilt University In January, the Justice Department sued Google, claiming the tech company abused a monopoly in online advertising by seizing control of tools built on top...
February 19, 2023
Big Tech Firms Publish Monthly Active Users Data For EU
Big tech companies have released monthly active users (MAU) numbers to comply with a regulation. Reuters reported Friday (Feb. 17) that the firms released the numbers because they were required to do...
February 17, 2023
Big Tech Firms Publish Monthly Active Users Data for EU
Big tech companies have released monthly active users (MAU) numbers to comply with a regulation. Reuters reported Friday (Feb. 17) that the firms released the numbers because they were required to do...
February 07, 2023
Paytm Boosted by India’s Ban on Chinese Apps
India has reportedly banned 232 apps connected to China as relations between the neighbors worsen. The order by India’s tech ministry blocks 138 betting and gaming apps and 94 credit...
