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.

FinTech IPO Index Off 3% Amid Conflicting Signals On Consumer Spending

FinTech IPO Index Off 3% Amid Conflicting Signals On Consumer Spending
FinTech IPO Index Off 3% Amid Conflicting Signals On Consumer Spending
October 20, 2022  |  Fintech Investments

The FinTech IPO Index was down 3.2% heading into the end of the week and is down 10.2% headed into the final days of October....

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Western Union Looks to ’23 to Reverse Revenue Decline
Western Union Looks to ’23 to Reverse Revenue Decline
October 20, 2022  |  Earnings

Despite expected third-quarter revenue declines and earnings guidance that falls short of Wall Street consensus, Western Union is delivering a financial outlook and strategy through...

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Banyan Raises $43M to Grow Its SKU Data Network
Banyan Raises $43M to Grow Its SKU Data Network
October 20, 2022  |  Investments

Stock keeping unit (SKU)-level receipt data infrastructure startup Banyan raised $43 million to scale its technology and infrastructure to advance its network that enables retailers,...

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Item-Level Data Network Banyan Gets $43M to Power Next FinTech Wave
Item-Level Data Network Banyan Gets $43M to Power Next FinTech Wave
October 20, 2022  |  Data & Research

There’s strategic gold locked in receipt level data, aka SKU level data, and the appetite for accessing those insights is attracting not just users but...

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Malaysian FinTech Super Apps Plans $1.1B SPAC Merger
Malaysian FinTech Super Apps Plans $1.1B SPAC Merger
October 19, 2022  |  SPAC

Malaysian payments technology company Super Apps is set to go public in the United States via a special purpose acquisition company (SPAC) merger that values...

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Cashfree Payments Introduces Card Issuance Stack
Cashfree Payments Introduces Card Issuance Stack
October 19, 2022  |  Digital Payments

Payments and application programming interface (API) banking solutions company Cashfree Payments is launching a card issuance stack as part of its issuance tool to enable...

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Former Grab Lending Head Joins Digital Lender Julo
Former Grab Lending Head Joins Digital Lender Julo
October 18, 2022  |  Digital Payments

The former head of lending for Grab Holdings, Ankur Mehrotra, is joining Indonesian fintech startup Julo, which focuses on digital lending, a Bloomberg report noted....

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Gen Z Takes the Connected Commerce Torch From Millennials
Gen Z Takes the Connected Commerce Torch From Millennials
October 18, 2022  |  Retail

After years of obsessing over the buying behavior of millennials, retailers and brands are now pivoting to the next big thing, specifically, the Generation Z...

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