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.

Credit Fair Raises $10M in Extended Seed Round to Grow Embedded Finance Platform
Credit Fair Raises $10M in Extended Seed Round to Grow Embedded Finance Platform
August 03, 2022  |  Investments

Embedded finance startup Credit Fair raised $10 million in a debt and equity seed extension round it will use to grow its platform to advance financial inclusion...

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Chairman of China’s Ant Group Steps Down From Alipay Role
Chairman of China’s Ant Group Steps Down From Alipay Role
August 03, 2022  |  Personnel

Chinese FinTech Ant Group‘s Alipay is in the midst of another change in corporate leadership, with Eric Jing Xiandong stepping down as legal representative and...

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AMTD Digital: Is It All Just Sizzle or Is There Meat That Matters?
AMTD Digital: Is It All Just Sizzle or Is There Meat That Matters?
August 03, 2022  |  Markets

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Compliance Complexities Hamper Growth at Fledgling FinTechs
Compliance Complexities Hamper Growth at Fledgling FinTechs
August 03, 2022  |  Security & Fraud

Eric Greenstein, product manager of compliance and fraud at Modern Treasury, told PYMNTS that the rules of anti-money laundering (AML) and the Bank Secrecy Act...

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PayPal: BNPL Volumes Surge 226% Year on Year  
PayPal: BNPL Volumes Surge 226% Year on Year  
August 02, 2022  |  Earnings

PayPal’s most recent earnings results spotlight the continued digital shift, as active user counts eclipsed pre-pandemic levels.   Get the Full Story Complete the form...

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FinTech CabbagePay Launches in US
FinTech CabbagePay Launches in US
August 02, 2022  |  Startups

FinTech startup CabbagePay is rolling out in major cities across the United States with the goal of integrating its prebuilt technology into business’s own mobile...

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The Saudi Sandbox Revolution: How Experimentation Is Driving Innovation in the KSA
The Saudi Sandbox Revolution: How Experimentation Is Driving Innovation in the KSA
August 02, 2022  |  Technology

PYMNTS recently reported on the state of the FinTech ecosystem in the Kingdom of Saudi Arabia (KSA) as part of a series on the Gulf...

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SMB Fundraising FinTech Parafin Raises $60M
SMB Fundraising FinTech Parafin Raises $60M
August 02, 2022  |  Investments

Parafin, a FinTech launched by veterans of Robinhood Markets, has raised $60 million in a new financing round. Get the Full Story Complete the form...

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GrubMarket Enters Financial Services With IOT Pay Acquisition
GrubMarket Enters Financial Services With IOT Pay Acquisition
August 02, 2022  |  Acquisitions

GrubMarket has acquired Vancouver-based FinTech IOT Pay, according to a Tuesday (Aug. 2) press release. The acquisition will allow the company to use IOT Pay’s technology...

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