FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

Saudi FinTech Stitch Raises $25 Million to Replace Fragmented Bank Cores

Saudi FinTech Stitch Raises $25 Million to Replace Fragmented Bank Cores
Saudi FinTech Stitch Raises $25 Million to Replace Fragmented Bank Cores
May 14, 2026  |  Fintech Investments

Saudi Arabia-based Stitch raised $25 million in a Series A funding round to grow its operating system for modern financial institutions. The company will use...

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Equipifi Secures $34 Million to Scale Bank-Led BNPL Network
Equipifi Secures $34 Million to Scale Bank-Led BNPL Network
May 14, 2026  |  Investments

FinTech equipifi secured $34 million in a Series B funding round to accelerate the adoption of buy now, pay later (BNPL) by financial institutions. The...

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NAB Buys Banked to Speed Up Merchant Payments
NAB Buys Banked to Speed Up Merchant Payments
May 14, 2026  |  Partnerships

National Australia Bank (NAB) acquired FinTech company Banked to help more businesses receive payments faster and at a lower cost. Banked’s global technology platform uses...

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Corporate Card Startup Parker Folds After Failed Acquisition
Corporate Card Startup Parker Folds After Failed Acquisition
May 14, 2026  |  Business

Corporate credit card startup Parker has apparently shut down after declaring bankruptcy. The company filed for Chapter 7 bankruptcy protection last week following a derailed $90 million...

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Revolut Mulls Private Banking as Trading Business Expands
Revolut Mulls Private Banking as Trading Business Expands
May 14, 2026  |  Banking

Revolut has received regulatory permission to expand the scope of its trading business. The approval from the U.K.’s Financial Conduct Authority (FCA) will allow Revolut Trading to bring...

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Paymentology Raises $175 Million for Real-Time Processing Solutions
Paymentology Raises $175 Million for Real-Time Processing Solutions
May 12, 2026  |  Fintech Investments

Global issuer-processor Paymentology landed a $175 million private equity investment, according to a Tuesday (May 12) news release provided to PYMNTS. The investment, co-led by...

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SoFi Acquires Capital Markets Partner PrimaryBid
SoFi Acquires Capital Markets Partner PrimaryBid
May 11, 2026  |  Partnerships

PrimaryBid, a U.K. FinTech company that powers retail inclusion in global capital markets, has reportedly been acquired by SoFi Technologies. A message on PrimaryBid’s website...

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Green Dot Posts 109% Net Income Gain Ahead of Sale
Green Dot Posts 109% Net Income Gain Ahead of Sale
May 11, 2026  |  Earnings

Green Dot, a FinTech and bank holding company serving consumers and businesses, continued strengthening its platform and optimizing its balance sheet during the first quarter...

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