December 11, 2023
Citi Provides Investment and Technology to Colombian FinTech Supra

Citi has led a strategic investment round in Supra, a Colombian FinTech that enables cross-border payments and treasury solutions. Supra provides these solutions to small and medium-sized businesses (SMBs) involved...

December 11, 2023
X’s Money Movement Push Comes as Regulators Warn of Non-Bank...

X, formerly known Twitter, has been laying the groundwork state by state to move further into money movement. In doing so, the social media stalwart underscores the appeal of branching...

December 11, 2023
UK Payments FinTech SumUp Raises $307 Million 

Payments FinTech SumUp has raised $307 million to expand its footprint and develop new services. The British company, whose products include point-of-sale card readers, announced the funding Monday (Dec. 11),...

December 11, 2023
Nearly 40% of Credit Unions Say No to Installment Loans

Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto loans and personal loans. However,...

December 08, 2023
B2B ‘Personas’ Help Identify Payments Frictions and Solutions 

Business-to-business (B2B) organizations striving for simplicity and a better customer experience have no shortage of cues for the way things could be improved. Alisa Ellis, VP, Operations Modernization at Discover®...

December 08, 2023
FinTech IPO Index Gains 3% as Robinhood Soars on UK...

The FinTech IPO Index found some renewed momentum this past week, gaining 3% over a five-day stretch that saw platforms lead names to the upside. Robinhood shares soared 30.5% in...

December 07, 2023
FinTech CSI Names NCR, FIS Veteran Troy Bradley to Lead...

FinTech company CSI has appointed NCR and FIS veteran Troy Bradley as chief technology officer (CTO).  In his new role, Bradley will lead CSI’s technology modernization strategy, aligning its network, security and software engineering initiatives and bringing to...

December 07, 2023
More Than Half of Gen Zs Would Rather Spend Money...

Living paycheck to paycheck continues to be a predominant financial lifestyle in the United States, with millions of consumers grappling with the difficulty of setting aside savings amid their financial...

December 07, 2023
Paytm Stock Drops 20% After Downgrade for Scaling Back Loan...

 Paytm’s stock hit a two-year low Thursday (Dec. 7) after it changed its small-ticket loan policy and brokers downgraded its stock.  The Indian FinTech had announced earlier in the week that it...