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.

Today in FinTech: SoFi Snaps Up Technisys in Quest to Become One-Stop Financial Shop
Today in FinTech: SoFi Snaps Up Technisys in Quest to Become One-Stop Financial Shop
February 22, 2022  |  International

In today’s FinTech news, SoFi expands its banking services, while U.K. FinTech CEOs ask to overhaul regulations. London embedded finance startup Weavr raised funds, while...

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Open Letter From FinTech CEOs Calls for More Regs
Open Letter From FinTech CEOs Calls for More Regs
February 22, 2022  |  Regulation

Nearly six dozen CEOs are calling for increased regulation of the FinTech sector in the United Kingdom, Altfi reported. Get the Full Story Complete the...

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London FinTech Startup Weavr Nets $40M Funding Round
London FinTech Startup Weavr Nets $40M Funding Round
February 22, 2022  |  Investments

Embedded finance startup Weavr raised $40 million in a Series A funding round led by Tiger Global, with participation from Mubadala Capital, Latitude Fund, QED...

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Singapore FinTech M-DAQ Buys Wallex in Prep for IPO
Singapore FinTech M-DAQ Buys Wallex in Prep for IPO
February 21, 2022  |  Acquisitions

FinTech startup M-DAQ has bought B2B cross-border payment provider Wallex to help it expand more in Southeast Asia, according to a company release (Feb. 22)....

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Nigerian FinTech Tingo Seeks $500M in Expansion Funds, Eyes 2022 IPO
Nigerian FinTech Tingo Seeks $500M in Expansion Funds, Eyes 2022 IPO
February 21, 2022  |  International

Tingo, a Nigerian FinTech focusing on agriculture, is looking to raise $500 million to expand across Africa, Bloomberg reported Monday (Feb. 21). Get the Full...

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Today in FinTech: Buckle up for the New FinTechIPO™ Index
Today in FinTech: Buckle up for the New FinTechIPO™ Index
February 18, 2022  |  IPO

In Today’s FinTech news, PYMNTS is introducing the FinTechIPO™ Index to give people an idea of how the firms within the index are performing, while...

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Trax, Raistone Team on Invoice Payment Extensions
Trax, Raistone Team on Invoice Payment Extensions
February 18, 2022  |  Partnerships

Transportation spend management company Trax Technologies and FinTech Raistone Capital have teamed up to offer what the companies said will be “a joint solution designed...

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London-Based FinTech Nous Grabs $9M to Lessen Cost-of-Living Crunch
London-Based FinTech Nous Grabs $9M to Lessen Cost-of-Living Crunch
February 18, 2022  |  Investments

London-based FinTech Nous on Friday (Feb. 18) closed a 7.9 million euros ($8.9 million) fundraising round that will expand its service offering to help more...

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Embedding Payouts Into Payments Flows Key to Consumer’s Real Time Money Mobility Experience
Embedding Payouts Into Payments Flows Key to Consumer’s Real Time Money Mobility Experience
February 18, 2022  |  Faster Payments

The move to embed payments into all manner of customer experiences — be that on platforms, through disbursements, or even via cryptocurrencies — is a...

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