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.

Block Remains Attractive to Wall Street Analysts

Block Remains Attractive to Wall Street Analysts
Block Remains Attractive to Wall Street Analysts
May 05, 2022  |  Digital Payments

Financial services and digital payments platform Block Inc, formerly known as Square, has 60% upside, dwarfing the 31% return potential of PayPal, according to Bloomberg...

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Today in FinTech: Coinbase, 2TM Drop M&A Discussions; Fiserv, Affirm Talk BNPL
Today in FinTech: Coinbase, 2TM Drop M&A Discussions; Fiserv, Affirm Talk BNPL
May 04, 2022  |  Technology

In today’s FinTech news, Coinbase drops acquisition talks with 2TM, while Fiserv and Affirm team for installment payments. Plus, Galileo and Mastercard are working to...

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Stripe Offers Businesses Customer-Account Verification Tools
Stripe Offers Businesses Customer-Account Verification Tools
May 04, 2022  |  Security & Fraud

Stripe, the financial infrastructure platform, will help businesses set up direct connections with customers’ bank accounts, a press release says, letting them set up various...

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Galileo and Mastercard Accelerating Digital Transformation in Latin America and the Caribbean
Galileo and Mastercard Accelerating Digital Transformation in Latin America and the Caribbean
May 04, 2022  |  Partnerships

Galileo Financial Technologies, a subsidiary of SoFi Technologies, Inc., and Mastercard on Wednesday (May 4) unveiled a multiyear strategic alliance focused on “accelerating digital transformation...

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Coinbase’s M&A Talks With 2TM Fall Apart
Coinbase’s M&A Talks With 2TM Fall Apart
May 04, 2022  |  Acquisitions

Cryptocurrency exchange Coinbase has reportedly shut down discussions for a controlling interest in the cryptocurrency brokerage 2TM, Bloomberg reported on Wednesday (May 4), citing unnamed...

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Klarna Seeks to Appease UK Regulators With Credit Reporting 
Klarna Seeks to Appease UK Regulators With Credit Reporting 
May 04, 2022  |  BNPL

Klarna is moving ahead of potential regulation in Buy Now, Pay Later (BNPL) in the U.K. The company announced in a blog post on May...

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PayPal Ventures Invests in Latam SMB Platform Xepelin
PayPal Ventures Invests in Latam SMB Platform Xepelin
May 03, 2022  |  B2B Payments

Xepelin, the B2B payments and financial services platform working in Latin America, has raised $111 million in a Series B round including some from PayPal...

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Klarna Adds Financial Statement Feature to App
Klarna Adds Financial Statement Feature to App
May 03, 2022  |  Personal Finance

Klarna has debuted a new financial statement feature on its app which will give Dutch consumers full insight into their spending, a company blog says....

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FinTech Possible Finance Raises $20M in Equity Funding
FinTech Possible Finance Raises $20M in Equity Funding
May 03, 2022  |  Investments

FinTech firm Possible Finance, which works on financial services for the underserved, announced Tuesday (May 3) that it has received an additional $20 million in...

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