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.

B2B FinTech Brex Acquires API Commerce Platform Weav In $50M Deal

B2B FinTech Brex Acquires API Commerce Platform Weav In $50M Deal
B2B FinTech Brex Acquires API Commerce Platform Weav In $50M Deal
August 17, 2021  |  Partnerships / Acquisitions

FinTech Brex on Tuesday (Aug. 17) announced it has acquired Israel-based commerce API company Weav for $50 million as part of a plan to expand...

READ MORE >
FinTech Lender OneBlinc Intros Mastercard For The Underbanked
FinTech Lender OneBlinc Intros Mastercard For The Underbanked
August 17, 2021  |  Financial Inclusion

The FinTech lending startup OneBlinc is introducing a checking account and debit Mastercard to help people who are unbanked and underbanked to better manage their...

READ MORE >
Travel FinTech Hopper Wraps Up $175M Series G
Travel FinTech Hopper Wraps Up $175M Series G
August 17, 2021  |  Investments

The travel FinTech Hopper announced on Tuesday (Aug. 17) that it had completed a $175 million Series G funding round. Get the Full Story Complete...

READ MORE >
Plaid Raises Additional Series D Funding Led By J.P. Morgan Private Capital, Amex
Plaid Raises Additional Series D Funding Led By J.P. Morgan Private Capital, Amex
August 17, 2021  |  Investments

FinTech infrastructure firm Plaid raised new funding in an additional Series D round led by new investor J.P. Morgan Private Capital Growth Equity Partners and...

READ MORE >
Community Banks Drive Innovation For SMBs With FinTech Collaboration
Community Banks Drive Innovation For SMBs With FinTech Collaboration
August 17, 2021  |  B2B Payments

Small- to medium-sized business (SMB) banking has faced an uphill battle over the decades. Often viewed as too unprofitable to justify major investments, the SMB...

READ MORE >
UK FinTech Finastra Lands SWIFT Compatible Label For Trade Finance
UK FinTech Finastra Lands SWIFT Compatible Label For Trade Finance
August 16, 2021  |  B2B Payments

U.K. FinTech Finastra is among the first tech firms to land the SWIFT Compatible Application label 2021 for trade finance, according to a press release...

READ MORE >
Optimism Surrounding UK FinTech Sector Opportunities Masks Risk Of Overinvestment
Optimism Surrounding UK FinTech Sector Opportunities Masks Risk Of Overinvestment
August 16, 2021  |  Investments

Markets are experiencing something similar to what happened in the late 1990s, when the fear of missing out caused investors to pump money into startups,...

READ MORE >
Argentine FinTech Ualá Attains $2.45B Valuation After Investment Round
Argentine FinTech Ualá Attains $2.45B Valuation After Investment Round
August 13, 2021  |  Investments

Argentine FinTech Ualá has reached a valuation of $2.45 billion following a $350 million infusion of new private funding, the SoftBank-backed company said Friday (Aug....

READ MORE >
Neobanks And Blockchain Firms Eye Public Listings
Neobanks And Blockchain Firms Eye Public Listings
August 13, 2021  |  IPO

Incremental activity in public listings this past week – via traditional initial public listings (IPOs) and special-purpose acquisition companies (SPACs) – was focused on digital...

READ MORE >