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.

London FinTech Ebury Expands Global Footprint with Bexs Acquisition

London FinTech Ebury Expands Global Footprint with Bexs Acquisition
London FinTech Ebury Expands Global Footprint with Bexs Acquisition
May 12, 2022  |  Acquisitions

London financial services firm Ebury signed a deal to acquire Brazilian FinTech Bexs in a move to broaden Ebury’s offerings of global money transfer solutions...

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EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes 
EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes 
May 12, 2022  |  Bank Regulation

The European Banking Authority (EBA) has warned that the largely unharmonized regulatory regimes across Europe regarding non-bank lending may create challenges for stakeholders, including regulators,...

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Splitit Joins Visa Ready for BNPL Program
Splitit Joins Visa Ready for BNPL Program
May 12, 2022  |  Buy Now Pay Later

Buy now, pay later (BNPL) provider Splitit has joined the Visa Ready for BNPL program, the company said in a news release Thursday (May 12)....

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Deserve Adds $250M to Support Growth of Digital Credit Card Platform
Deserve Adds $250M to Support Growth of Digital Credit Card Platform
May 11, 2022  |  Investments

Credit card startup Deserve on Wednesday (May 11) secured a $250 million credit facility with Goldman Sachs, Cross River and Waterfall Asset Management that will...

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Today in FinTech: Savings With Bitcoin; Embedded Finance Tools; Digital Goes Physical 
Today in FinTech: Savings With Bitcoin; Embedded Finance Tools; Digital Goes Physical 
May 11, 2022  |  Fintech Investments

In today’s FinTech news, spare change can add up to (possible) bitcoin wealth with a new savings app for the French, while an embedded finance...

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FIS, Treasury Prime Launch Embedded Finance Tool
FIS, Treasury Prime Launch Embedded Finance Tool
May 11, 2022  |  Partnerships

FinTech firm FIS is working with Banking-as-a-Service (BaaS) startup Treasury Prime to launch an embedded finance tool, according to a Wednesday (May 11) press release....

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UAE-Based FinTech Spades Raises $2.5M in Angel Round
UAE-Based FinTech Spades Raises $2.5M in Angel Round
May 10, 2022  |  Investments

Spades, a dine-in payment FinTech based in the United Arab Emirates (UAE), has closed a $2.5 million angel round, according to a Magnitt report Tuesday...

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Today in FinTech: Points Conversion; Open Banking Merger; BNPL Growth
Today in FinTech: Points Conversion; Open Banking Merger; BNPL Growth
May 10, 2022  |  Technology

In today’s FinTech news, it’s all about buy now, pay later (BNPL). Ayden and Afterpay are teaming up for further expansion, while Canopy joins the...

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SYNQA Rebrands as Opn, Raises $120M
SYNQA Rebrands as Opn, Raises $120M
May 10, 2022  |  Investments

Payment and embedded FinTech solutions firm Opn has raised $120 million in a Series C+ funding round, the Tokyo-based company announced Monday (May 9). Get...

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