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.

A South Korean Startup Tosses Its Hat Into The Super-App Ring
A South Korean Startup Tosses Its Hat Into The Super-App Ring
June 23, 2021  |  International

Another super app competitor is stepping into the increasingly crowded Asian market as South Korea’s largest FinTech startup, Toss, has announced it has raised roughly...

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Today In Payments Around The World: WeRide Lands $310M; Dingdong Aims For $6B Valuation
Today In Payments Around The World: WeRide Lands $310M; Dingdong Aims For $6B Valuation
June 23, 2021  |  International

In today’s top payments news around the world, WeRide has notched a $310 million infusion of capital from investors, while Dingdong has its sights set...

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Amazon Rolls Out Dubai-Based FinTech Lab
Amazon Rolls Out Dubai-Based FinTech Lab
June 22, 2021  |  Amazon

Amazon Payment Services, the Middle East and North Africa (MENA) region-based payment processing service, has launched a new FinTech lab, according to a report from...

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London FinTech Revolut Triples Revenue Against Doubled Losses
London FinTech Revolut Triples Revenue Against Doubled Losses
June 21, 2021  |  Earnings

London FinTech Revolut posted increased revenues and gross profits for year-end 2020, but also incurred higher operating losses last year as the COVID-19 pandemic took...

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Report: Contactless Cards, Digital Wallets Keep Credit Union Members From Defecting To FinTechs
Report: Contactless Cards, Digital Wallets Keep Credit Union Members From Defecting To FinTechs
June 18, 2021  |  Credit Unions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Avant CEO: Near-Prime Consumers Aren’t As Risky As Incomplete Data Suggests
Avant CEO: Near-Prime Consumers Aren’t As Risky As Incomplete Data Suggests
June 17, 2021  |  Risk Management

The last 16 or so months has triggered a full reset of almost every part of consumers’ lives, as they were forced to rewire themselves to...

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Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
June 16, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Novo has notched $40.7 million in venture capital, while India’s FamPay has landed $38 million in venture capital....

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FinTech Novo Grabs $40.7 Million To Fuel Growth
FinTech Novo Grabs $40.7 Million To Fuel Growth
June 16, 2021  |  Investments

Novo, a financial technology company, has pulled in $40.7 million in venture capital. The FinTech focuses on digital banking for small to medium-sized businesses (SMBs)....

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Mexican FinTech Credijusto Buys Bank To Serve X-Border SMBs
Mexican FinTech Credijusto Buys Bank To Serve X-Border SMBs
June 15, 2021  |  B2B Payments

Mexican financial technology firm Credijusto has purchased Banco Finterra, a bank that is geared toward financial offerings for small companies and the agriculture industry, according...

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