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.

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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EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes Crypto Rules
EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes...
February 22, 2022  |  International

In today’s top Europe, Middle East and Africa news, Meta is facing an order to suspend data transfers to the United States by the European...

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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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