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.

Crypto’s ‘Future Is on the Right Path,’ Says Singapore FinTech Regulator

Crypto’s ‘Future Is on the Right Path,’ Says Singapore FinTech Regulator
Crypto’s ‘Future Is on the Right Path,’ Says Singapore FinTech Regulator
June 26, 2022  |  Cryptocurrency

Sopnendu Mohanty, chief FinTech officer with Singapore’s regulator, is praising the leadership of some big crypto firms — saying several leaders like Binance and Crypto.com...

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Today in FinTech: Revolut Brings BNPL to Ireland; NerdWallet Picks up On the Barrelhead; Senators Reintroduce Payments Choice
Today in FinTech: Revolut Brings BNPL to Ireland; NerdWallet Picks up On the Barrelhead; Senators...
June 24, 2022  |  Technology

In today’s FinTech news, Revolut is testing the BNPL waters in Ireland, while senators try again with the Payment Choice Act. Plus, NerdWallet signed an...

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Embedded FinTech Startup Colendi Acquires Blockchain Firm SETL
Embedded FinTech Startup Colendi Acquires Blockchain Firm SETL
June 24, 2022  |  Acquisitions

Multifunctional banking as a service (BaaS) platform Colendi is acquiring blockchain settlements and payments provider SETL for undisclosed terms, according to media reports on Friday...

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NerdWallet Signs $120M Deal for On The Barrelhead
NerdWallet Signs $120M Deal for On The Barrelhead
June 24, 2022  |  Acquisitions

Financial guidance firm NerdWallet is acquiring consumer debt robo-advisor platform On the Barrelhead for approximately $120 million, consisting of roughly $70 million in cash and $50 million in NerdWallet...

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FinTechs Ask Indian Central Bank For More Time to Adopt Payments Rule
FinTechs Ask Indian Central Bank For More Time to Adopt Payments Rule
June 24, 2022  |  Regulation

Representatives from the FinTech industry are asking India’s central bank for more time to adhere to its new prepaid payment instruments (PPI) rule. Get the...

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Revolut Pilots BNPL Product in Ireland
Revolut Pilots BNPL Product in Ireland
June 24, 2022  |  BNPL

Revolut is piloting a buy now, pay later (BNPL) product in Ireland for its 1.9 million customers there, with plans to launch the installment credit...

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FinTechs Solve Nigeria’s Financial Inclusion Challenge
FinTechs Solve Nigeria’s Financial Inclusion Challenge
June 23, 2022  |  Financial Inclusion

When it comes to tackling poverty and improving the quality of life of the world’s poor and excluded communities, the concept of financial inclusion has...

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Today in FinTech: Singapore Questions Crypto’s Utility; Klarna Challenges BNPL Research
Today in FinTech: Singapore Questions Crypto’s Utility; Klarna Challenges BNPL Research
June 23, 2022  |  Technology

In today’s FinTech news, Pine Labs in Noida, India, is acquiring Setu in Bengaluru, India, to grow Pine Labs’ offering of digital payments and lending...

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EMEA B2B FinTech Octopus Ventures Closes $12.3M Pre-Seed Funding Round
EMEA B2B FinTech Octopus Ventures Closes $12.3M Pre-Seed Funding Round
June 23, 2022  |  Investments

Octopus Ventures has closed a $12.3 million pre-seed funding round that the company plans to use to continue the expansion of its B2B FinTech platform...

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