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.

Payments Infrastructure Firm PPRO Buys Alpha Fintech
Payments Infrastructure Firm PPRO Buys Alpha Fintech
March 08, 2022  |  Acquisitions

Digital payments infrastructure firm PPRO acquired payments technology platform Alpha Fintech for undisclosed terms, according to a Tuesday (March 8) press release. Get the Full...

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NCR Buys Intellectual Property to Advance Open Banking
NCR Buys Intellectual Property to Advance Open Banking
March 08, 2022  |  Acquisitions

NCR Corporation, a global enterprise technology provider, has purchased FinTech intellectual property for open banking from Canada-based Spoke Technologies, NCR announced Tuesday (March 8). Terms...

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FinTech Stax Reaches Unicorn Status Following $245M Funding
FinTech Stax Reaches Unicorn Status Following $245M Funding
March 08, 2022  |  Investments

Minority-led, all-in-one payments platform Stax reached unicorn status with a valuation of just over $1 billion after raising $245 million from Greater Sum Ventures, HarbourVest...

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‘Proactive Finance’ Gives Banks, FinTechs Vision Into Unknown Customer Needs
‘Proactive Finance’ Gives Banks, FinTechs Vision Into Unknown Customer Needs
March 08, 2022  |  Digital Banking

With the second quarter closing in and COVID-19 moving to the rearview — we think — we’re finding ourselves in a dazzling new connected economy....

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Today in FinTech: Collab Brings Perks; Canada’s Loanz Heads to US; AutoFi Funding Goes Towards Talent; CredAvenue is India’s Fastest Growing Unicorn 
Today in FinTech: Collab Brings Perks; Canada’s Loanz Heads to US; AutoFi Funding Goes Towards...
March 07, 2022  |  Fintech Investments

In today’s FinTech news, J.P. Morgan tells PYMNTS that there are many benefits buyers and sellers can realize when they collaborate, while Canadian FinTech lender...

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Mastercard, Zeta Team on Next-Gen Credit Processing for FIs, FinTechs
Mastercard, Zeta Team on Next-Gen Credit Processing for FIs, FinTechs
March 07, 2022  |  Partnerships

Zeta, a provider of credit card processing to financial institutions (FIs) and FinTechs, and Mastercard, the global tech company in the payments industry, have inked...

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Loanz Rolling out in US as It Plans Canadian Credit Box Growth
Loanz Rolling out in US as It Plans Canadian Credit Box Growth
March 07, 2022  |  Loans

Canadian FinTech lender Loanz is planning to launch in the U.S. while also expanding its Credit Box in Canada, which offers loans to low credit...

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How Credit Unions and FinTechs Can Help Each Other
How Credit Unions and FinTechs Can Help Each Other
March 07, 2022  |  Credit Unions

Credit unions (CUs) often find themselves walking a tightrope: addressing the demand for digital banking while also holding onto the value propositions and personalized services...

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Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
March 07, 2022  |  Investments

AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million,...

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