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.

Entersekt, Capitec Team to Improve eCommerce Security

Entersekt, Capitec Team to Improve eCommerce Security
Entersekt, Capitec Team to Improve eCommerce Security
May 10, 2022  |  Partnerships

Device identity and authentication solutions provider Entersekt is working with South Africa’s Capitec Bank to improve the security of eCommerce payments, according to a Tuesday...

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TimePayment Acquires Equipment Financing Firm Wheaten Financial
TimePayment Acquires Equipment Financing Firm Wheaten Financial
May 09, 2022  |  Acquisitions

TimePayment, a FinTech involved in sales financing for sellers of specialty equipment, has acquired Wheaten Financial Inc., which finances purchases of equipment, especially commercial vehicles,...

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KeyBank Acquires Loan Forgiveness Counseling Service GradFin
KeyBank Acquires Loan Forgiveness Counseling Service GradFin
May 09, 2022  |  Acquisitions

KeyBank has acquired GradFin, a Philadelphia company that provides public service loan forgiveness counseling, according to a Monday (May 9) press release. Terms of the...

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Egyptian FinTech Paymob Raises $50M in Record-Setting Series B
Egyptian FinTech Paymob Raises $50M in Record-Setting Series B
May 09, 2022  |  Investments

Egyptian merchant financial services Paymob has raised $50 million in Series B financing, reportedly the largest such funding for a FinTech in that country. Get...

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Price My Car, Nodifi Partner on Finance Solutions for Car Buying
Price My Car, Nodifi Partner on Finance Solutions for Car Buying
May 08, 2022  |  Partnerships

Australian online sales site Price My Car is teaming up with Nodifi, a FinTech, to offer more comprehensive finance solutions, according to a May 4...

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Today in FinTech: Revolut Wants UK Bank License; Apple App Store No Longer Takes Card Payments in India
Today in FinTech: Revolut Wants UK Bank License; Apple App Store No Longer Takes Card...
May 06, 2022  |  Technology

In today’s FinTech news, Revolut waits on a United Kingdom bank license, as well as one in the United States. Plus, new rules in India...

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Amid Thursday’s Tech Bloodbath, FinTechIPO™ Names Hit Harder Than the Market
Amid Thursday’s Tech Bloodbath, FinTechIPO™ Names Hit Harder Than the Market
May 05, 2022  |  IPO

Yes, it was bad. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Rali_cap Debuts $30M Fund for Emerging-Markets FinTech
Rali_cap Debuts $30M Fund for Emerging-Markets FinTech
May 05, 2022  |  Investments

Rali_cap, an early-stage venture capital firm investing in emerging markets FinTech, has increased its new fund by $10 million, Yahoo reported Thursday (May 5). Get...

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EMTECH, HaitiPay Demo CBDC Proof of Concept for Haitian Market
EMTECH, HaitiPay Demo CBDC Proof of Concept for Haitian Market
May 05, 2022  |  CBDC

EMTECH, a central bank digital currency (CBDC) infrastructure provider, has collaborated with HaitiPay to demo its first CBDC and FinTech proof of concept. Get the...

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