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.

Voyager Innovations Could Look to Raise as Much as $200M
Voyager Innovations Could Look to Raise as Much as $200M
February 15, 2022  |  Investments

Voyager Innovations, owner of the FinTech PayMaya, could be on the hunt for additional funding in the range of $150 million to $200 million, Bloomberg...

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FinTech Firm RapiPay Raises $15M for Digital Banking Super App NYE
FinTech Firm RapiPay Raises $15M for Digital Banking Super App NYE
February 15, 2022  |  Investments

FinTech company RapiPay has raised $15 million in investment funding toward digital banking super app NYE, according to a Tuesday (Feb. 15) Mint report. Get...

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Korean FinTech WireBarley Collaborates With TenCent on Payments to China
Korean FinTech WireBarley Collaborates With TenCent on Payments to China
February 15, 2022  |  Cross-border Payments

Korean money transfer service WireBarley formed a partnership with Tencent Financial Technology for overseas remittances, the company said in a news release Tuesday (Feb. 15)....

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Today in FinTech: Bank of America Invests in UK FinTech to Tackle Card Processing Fees
Today in FinTech: Bank of America Invests in UK FinTech to Tackle Card Processing Fees
February 14, 2022  |  Investments

In today’s FinTech news, banks and FinTechs are finding more ways to coexist and complement one another’s skills, with Bank of America investing $20 million...

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Israeli Regulator to Host Blockchain ‘Hackathon’ for Infrastructure Solutions
Israeli Regulator to Host Blockchain ‘Hackathon’ for Infrastructure Solutions
February 14, 2022  |  Blockchain

The Israel Securities Authority (ISA) is making plans to regulate the FinTech space, and will be looking at a long-term way to work with cryptocurrency...

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Synctera Launches Community Bank-FinTech Partnership
Synctera Launches Community Bank-FinTech Partnership
February 14, 2022  |  Banking

Partnership banking platform Synctera has announced a launch between Lineage Bank and GoGetr, the first such arrangement using the company’s capabilities, according to a Monday...

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South African API Startup Stitch Raises $21M Series A Round
South African API Startup Stitch Raises $21M Series A Round
February 14, 2022  |  Investments

South African API infrastructure startup Stitch raised $21 million in a Series A funding round to help accelerate the expansion of Africa’s rapidly growing FinTech...

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Paytm Lending Unit Paying Off with Record Gains
Paytm Lending Unit Paying Off with Record Gains
February 14, 2022  |  Earnings

Digital payments service Paytm has been taking a hit lately, with negative buzz about sliding share prices and widening losses as it closed out 2021....

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FinTech Reserve Trust Founder Says Fed Nominee Raskin Allegations ‘Completely False’
FinTech Reserve Trust Founder Says Fed Nominee Raskin Allegations ‘Completely False’
February 13, 2022  |  Politics

Sarah Bloom Raskin, a Biden nominee for the Fed’s top banking position, has the co-founder of Reserve Trust defending her over charges that she’s had...

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