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.

Hollydesk Debuts BNPL Option for Egyptian SMBs

Hollydesk Debuts BNPL Option for Egyptian SMBs
Hollydesk Debuts BNPL Option for Egyptian SMBs
June 30, 2022  |  BNPL

Cairo-based FinTech Hollydesk announced on Thursday (June 30) a buy-now-pay-later (BNPL) option that lets its small business customers pay vendors over a 30-to-90 day period....

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FinTech IPO Index Closes Q2 Down 43% for the Year
FinTech IPO Index Closes Q2 Down 43% for the Year
June 30, 2022  |  IPO

No respite into the end of the quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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SMB Financing Firm OppZo Announces $260M Fundraise
SMB Financing Firm OppZo Announces $260M Fundraise
June 30, 2022  |  Investments

OppZo Inc., which calls itself a “mission driven financial technology company focused on unlocking access to capital for small and medium sized businesses,” announced Thursday...

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The Data Point: New Tech for Cross-Border Payments Rates With 64% of All FIs
The Data Point: New Tech for Cross-Border Payments Rates With 64% of All FIs
June 30, 2022  |  Cross-border Payments

Financial institutions (FIs) are rising to the challenges of business clients seeking and doing more business in overseas markets, requiring a rethink — and in many...

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FinTechs Choose ‘Traditional’ IPOs, Shun SPACs, Amid Muted Listings
FinTechs Choose ‘Traditional’ IPOs, Shun SPACs, Amid Muted Listings
June 30, 2022  |  IPO

Dozens of mergers scuttled. Dwindling share prices. A market that is so volatile that, frankly, it’s no surprise that special purpose acquisition companies (SPACs) have seemingly had...

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EU Subscription Businesses Get Boost From Revenue-Based Financing
EU Subscription Businesses Get Boost From Revenue-Based Financing
June 30, 2022  |  Subscriptions

As traditional funding methods see headwinds during global macroeconomic challenges, revenue-based financing (RBF) is emerging as a convenient, viable option to bridge working capital gaps...

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FuturePay Partners With Cross River for Credit Platform
FuturePay Partners With Cross River for Credit Platform
June 29, 2022  |  Partnerships

Digital revolving credit solutions provider FuturePay has signed an agreement with tech infrastructure provider Cross River for its MyTab credit platform, according to a Wednesday...

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Checks Account for 29% of SMB Receivables as ‘Never-Ending’ Evolution Continues
Checks Account for 29% of SMB Receivables as ‘Never-Ending’ Evolution Continues
June 29, 2022  |  B2B Payments

Checks are persistent. Businesses and governments keep using them for payroll, a wide range of disbursements, benefits, tax payments and payments for services rendered to...

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Money Management Tool Cleo Picks Up $79M in Series C
Money Management Tool Cleo Picks Up $79M in Series C
June 29, 2022  |  Investments

London-based money management solution Cleo has raised 76 million euros ($79 million) in a Series C funding round led by Belgium-based investment company Sofina. Existing...

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