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 Processor i2c, App Developer Swell Team to Create Integrated Financial Platform
Payments Processor i2c, App Developer Swell Team to Create Integrated Financial Platform
February 23, 2022  |  Partnerships

I2c, which provides digital payment and banking technology, announced a strategic relationship Wednesday (Feb. 23) with Swell Financial, which works in automatic spending control and...

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Today in FinTech: Credit Unions Turn to FinTech Partnerships to Level the Playing Field
Today in FinTech: Credit Unions Turn to FinTech Partnerships to Level the Playing Field
February 23, 2022  |  Banking

In today’s FinTech news, credit unions are finding that to compete like a FinTech, they need to grab a partner, while South African FinTech startup...

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Revolut Lets Users Book Trips Now, Pay Later
Revolut Lets Users Book Trips Now, Pay Later
February 23, 2022  |  Buy Now Pay Later

Financial super app Revolut has launched a new tool for its travel product Stays that lets customers book their stay and pay when they arrive,...

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Berlin FinTech Forget Finance Raises 3.5M Euros
Berlin FinTech Forget Finance Raises 3.5M Euros
February 23, 2022  |  Investments

Berlin personal finance FinTech Forget Finance raised 3.5 million euros ($3.96 million) in seed funding led by venture capital firms btov Partners and UVC Partners,...

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German Virtual Bank Penta Aims for $500M Valuation
German Virtual Bank Penta Aims for $500M Valuation
February 23, 2022  |  Investments

German digital business banking platform Penta is speaking with potential investors as it seeks a valuation of between $453 million and $567 million (400 million...

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Security, Trust Key to Consumer Adoption of Open Banking
Security, Trust Key to Consumer Adoption of Open Banking
February 23, 2022  |  Digital-First Banking

Americans have opened new accounts, taken out additional loans and carried balances in the past year, and many showed preferences for managing all of this...

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API Firm Empowers African FinTechs to Scale
API Firm Empowers African FinTechs to Scale
February 23, 2022  |  API

Open banking initiatives have given consumers in many countries access to a range of new financial products and services. But across African nations, a lack...

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Berlin FinTech Monite Raises $5M for its B2B Finance Management Platform
Berlin FinTech Monite Raises $5M for its B2B Finance Management Platform
February 22, 2022  |  B2B Payments

Monite, an automated finance management platform from Berlin, has raised $5 million in a funding round, according to a Tuesday (Feb. 22) Silicon Canals report....

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African FinTech Lipa Payments Expands Digital Payment Offerings
African FinTech Lipa Payments Expands Digital Payment Offerings
February 22, 2022  |  Payment Methods

South African FinTech company Lipa Payments is bringing its Tap to Pay offering to Africa’s so-called informal sectors through its software platform, which allows merchants...

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