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.

As FinTech Business Models Shift, Asset-Based Funding Evolves, Too

As FinTech Business Models Shift, Asset-Based Funding Evolves, Too
As FinTech Business Models Shift, Asset-Based Funding Evolves, Too
June 11, 2021  |  B2B Payments

Not every form of financing is right for every business, but for many high-growth technology companies, the options for funding that fits their expansion trajectories...

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Mexican Digital Payment Platform Clip Raises $250 Million
Mexican Digital Payment Platform Clip Raises $250 Million
June 10, 2021  |  Investments

Payments FinTech Clip, based in Mexico, has received $250 million from the SoftBank Latin America Fund as well as Viking Global Investors, according to a...

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Visa, Airwallex Debut B2B X-Border Virtual Card In Hong Kong
Visa, Airwallex Debut B2B X-Border Virtual Card In Hong Kong
June 10, 2021  |  B2B Payments

Airwallex, a financial technology firm that focuses on cross-border commerce, and Visa have debuted the Airwallex Borderless Card for firms in Hong Kong, according to...

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Mastercard Launches Program For Minority FinTech Founders
Mastercard Launches Program For Minority FinTech Founders
June 09, 2021  |  Financial Inclusion

On Wednesday (June 9), Mastercard announced the launch of a new Start Path track, a program designed to support “traditionally underrepresented FinTech founders.” The company...

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Plaid Launches Capital One Open Finance Partnership
Plaid Launches Capital One Open Finance Partnership
June 09, 2021  |  Banking

Plaid announced a new open finance partnership with Capital One on Wednesday (June 9), just as the FinTech is completing its migration to the Capital...

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Banks Need To Embrace SMBs Or Lose Them To A FinTech That Does
Banks Need To Embrace SMBs Or Lose Them To A FinTech That Does
June 09, 2021  |  Digital-First Banking

According to PYMNTS’ Making Loyalty Work For Small Businesses produced in collaboration with Pollinate, nearly half of consumers said they think it is critical to...

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Today In Payments Around The World: Nium To Buy Ixaris; Worldline, Toshiba Team On Checkout Kiosk
Today In Payments Around The World: Nium To Buy Ixaris; Worldline, Toshiba Team On Checkout...
June 08, 2021  |  International

In today’s top payments news around the world, Nium announced that it would purchase Ixaris as part of an international expansion, while Worldline announced it...

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Hong Kong To Explore CBDCs In ‘FinTech 2025’ Strategy
Hong Kong To Explore CBDCs In ‘FinTech 2025’ Strategy
June 08, 2021  |  International

The Hong Kong Monetary Authority (HKMA) said in a press release Tuesday (June 8) it wants to make sure Hong Kong is ready to issue...

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Credit Sesame Raises $51 Million, Acquires FinTech Software Platform
Credit Sesame Raises $51 Million, Acquires FinTech Software Platform
June 08, 2021  |  Investments

Credit Sesame has raised $51 million in growth capital and has seen its premium subscriptions grow by 200 percent annually, the financial wellness platform announced...

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