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.

London FinTech Revolut Triples Revenue Against Doubled Losses

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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Advent Backs Brazilian FinTech EBANX In $430 Million Deal
Advent Backs Brazilian FinTech EBANX In $430 Million Deal
June 15, 2021  |  Fintech Investments

Brazilian FinTech EBANX has captured a $430 million investment from Advent International. The Curitiba-based Ebanx said in a press release that $30 million would go...

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Bitcoin Daily: Musk Ties Telsa Bitcoin Transactions To Cleaner Energy; Argentina’s Central Bank To Probe FinTech Crypto Investments
Bitcoin Daily: Musk Ties Telsa Bitcoin Transactions To Cleaner Energy; Argentina’s Central Bank To Probe...
June 13, 2021  |  Bitcoin

Tesla CEO Elon Musk has reversed course, saying the company will now accept cryptocurrency as payment, CNBC reported. Get the Full Story Complete the form...

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Helping Community Banks Reclaim Commercial Card Control
Helping Community Banks Reclaim Commercial Card Control
June 11, 2021  |  B2B Payments

Commercial card technology remains an important component of B2B payments digitization — and as more financial institutions (FIs) seek to help their business customers embrace...

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