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.

Alma CEO Says Zero Late Fee Policy Risky for BNPL
Alma CEO Says Zero Late Fee Policy Risky for BNPL
March 07, 2022  |  Buy Now Pay Later

Late fees can be an important source of revenue for traditional lenders, and for some credit card companies, it can represent up to 20% of...

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Indian FinTech CredAvenue Reaches Unicorn Status With $1.3B Valuation
Indian FinTech CredAvenue Reaches Unicorn Status With $1.3B Valuation
March 06, 2022  |  International

CredAvenue, the debt marketplace, is the newest Indian unicorn, having raised $137 million in a funding round, Bloomberg reported Sunday (March 6). Get the Full...

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Today in FinTech: FinTechIPO™ Index Still Trending Down; Pyypl Points to Blockchain to Fill Payments Gap; Zeller Bank Claims Unicorn Status
Today in FinTech: FinTechIPO™ Index Still Trending Down; Pyypl Points to Blockchain to Fill Payments...
March 04, 2022  |  Digital Payments

In today’s FinTech news, Pyypl wants to help fill the payments gap in the United Arab Emirates by using the blockchain for cross-border payments. PYMNTS...

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Zeller Bank Becomes Unicorn with Latest $100M Funding
Zeller Bank Becomes Unicorn with Latest $100M Funding
March 04, 2022  |  Investments

Australian digital business bank Zeller raised $100 million in a Series B funding round that gave the startup a $1 billion valuation and brought its...

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FinTechIPO™ Index Shows Continued Weakness vs Broader Markets
FinTechIPO™ Index Shows Continued Weakness vs Broader Markets
March 04, 2022  |  IPO

Continuing a trend seen in the past few weeks since we launched the FinTech IPO tracker, the group of 45 companies we’ve surveyed have, on...

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Pyypl CEO Makes Case for Blockchain When Sending Cross-Border Payments
Pyypl CEO Makes Case for Blockchain When Sending Cross-Border Payments
March 04, 2022  |  Blockchain

Millions remain excluded from mainstream formal financial markets in emerging and developing markets, but the rapid rise in internet and smartphone adoption in the last...

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Today in FinTech: Grasshopper Bank Leaps Forward; FinTech Weavr Aims for Simplicity; CaixaBank Talks Ethics, Regs; Airwallex Partners with Plum
Today in FinTech: Grasshopper Bank Leaps Forward; FinTech Weavr Aims for Simplicity; CaixaBank Talks Ethics,...
March 03, 2022  |  Banking

In today’s FinTech news, digital business bank Grasshopper has lined up a new executive team as it launches innovative products and shifts its focus to...

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FinTech Airwallex, Plum Partner to Offer Stock Investing
FinTech Airwallex, Plum Partner to Offer Stock Investing
March 03, 2022  |  Partnerships

Global FinTech platform Airwallex has partnered with investing app Plum to support its cross-border payments and foreign exchange (FX) needs, according to a Thursday (March...

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CaixaBank Chair Advocates Consumer-Centric Tech, Consistent FI Regs
CaixaBank Chair Advocates Consumer-Centric Tech, Consistent FI Regs
March 03, 2022  |  Digital Banking

The chairman of Spanish global financial services company CaixaBank told an audience that changing customer habits are one of the most complex issues facing banks...

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