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.

Transtura Acquires FinTech Startup WazoMoney
Transtura Acquires FinTech Startup WazoMoney
February 07, 2022  |  Acquisitions

Nigerian ride-hailing and shared mobility startup Transtura on Monday (Feb. 7) finalized the acquisition of FinTech payments startup WazoMoney as part of a plan to...

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Rent-a-Bank Model May Be Living on Borrowed Time
Rent-a-Bank Model May Be Living on Borrowed Time
February 07, 2022  |  Banking

As FinTechs gain ground within financial services, as banks partner with these digital-first upstarts to broaden their offerings, several business practices are coming under scrutiny...

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Platforms Force Banks to Rethink Their BNPL Value for Small Merchants
Platforms Force Banks to Rethink Their BNPL Value for Small Merchants
February 07, 2022  |  Digital-First Banking

With new entrants to the business lending environment adding competition — and then pressured by a two-year cash crunch coupled with new forms of lending...

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Advocacy Groups Call on Regulators to Ban High-Interest Rate FinTech Loans
Advocacy Groups Call on Regulators to Ban High-Interest Rate FinTech Loans
February 06, 2022  |  Banking

A coalition of advocacy groups wants U.S. regulators to look more into banks partnering with FinTechs to charge predatory interest rates that would be otherwise...

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British FinTech Railsbank Looks to Raise $100M
British FinTech Railsbank Looks to Raise $100M
February 06, 2022  |  International

London-based FinTech Railsbank, which offers digital banking services, is now closing in on unicorn status, Sky News reported Friday (Feb. 4). Get the Full Story...

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FinTech Ebanx Delays US IPO Over Market Volatility
FinTech Ebanx Delays US IPO Over Market Volatility
February 06, 2022  |  IPO

FinTech firm Ebanx recently delayed its U.S. initial public offering (IPO) because of market volatility, Bloomberg reported Friday (Feb. 4). Get the Full Story Complete...

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Today in FinTech: Mos Targets Gen Z for Finance Assist; Tipalti Handles Unified eSports Payouts
Today in FinTech: Mos Targets Gen Z for Finance Assist; Tipalti Handles Unified eSports Payouts
February 06, 2022  |  Financial Inclusion

In today’s FinTech news, Gen Z banking, eSports payments and decentralized finance (DeFi) loans grab headlines, while a former Google executive heads to Brazilian payments...

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Ex-Google Exec Paula Bellizia Joins FinTech Ebanx
Ex-Google Exec Paula Bellizia Joins FinTech Ebanx
February 04, 2022  |  Personnel

Brazilian payments FinTech Ebanx has named a former Google executive to serve as its new president of global payments. Get the Full Story Complete the...

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Mos Raises $40M to Grow its FinTech Startup for Students
Mos Raises $40M to Grow its FinTech Startup for Students
February 04, 2022  |  Investments

FinTech startup Mos raised $40 million at a $400 million valuation, led by Tiger Global with participation from existing investors Sequoia, Khaled Helioui, Expa, Emerson...

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