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.

Google Cloud Exec Derek White Takes Reins At Galileo Financial

Google Cloud Exec Derek White Takes Reins At Galileo Financial
Google Cloud Exec Derek White Takes Reins At Galileo Financial
June 08, 2021  |  Personnel

A veteran Google executive, Derek White, has been hired for the top spot at payments processor Galileo Financial Technologies. White succeeds Galileo CEO and founder...

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Berkshire Hathaway’s $500 Million Boosts Nubank’s 2021 Take To $1.15 Billion
Berkshire Hathaway’s $500 Million Boosts Nubank’s 2021 Take To $1.15 Billion
June 08, 2021  |  Investments

Investors keep flocking to financial technology company (FinTech) Nubank. On Tuesday (June 8), Nubank announced both a $500 million investment from Berkshire Hathaway and another...

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Foreign Investors Pour Millions Into Pakistan’s FinTech Startups
Foreign Investors Pour Millions Into Pakistan’s FinTech Startups
June 07, 2021  |  Investments

Foreign investors are pouring millions of dollars into Pakistan’s FinTech startups as two new funding deals — KTrade and Abhi — notch an infusion of...

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FinTech Dave Going Public Via SPAC At $4 Billion Equity Value
FinTech Dave Going Public Via SPAC At $4 Billion Equity Value
June 07, 2021  |  IPO

Challenger bank startup Dave is partnering with special-purpose acquisition company (SPAC) VPC Impact Acquisition Holdings III (VPCC), sponsored by Victory Park Capital (VPC), with an...

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OppFi On Using Behavioral Analytics To Gauge Customers’ Creditworthiness And Prevent Fraud
OppFi On Using Behavioral Analytics To Gauge Customers’ Creditworthiness And Prevent Fraud
June 04, 2021  |  Authentication

Traditional loan metrics often leave out individuals with low credit scores who are otherwise financially sound, but behavioral analytics can give lenders a better idea...

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Marqeta Prices Shares At $20 To $24 In Planned IPO
Marqeta Prices Shares At $20 To $24 In Planned IPO
June 03, 2021  |  IPO

Marqeta, Inc. plans to offer approximately 45.5 million shares at an estimated initial public offering (IPO) price in the range of $20 to $24, according...

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How To Keep That ‘Really Good Idea’ From Crashing The System
How To Keep That ‘Really Good Idea’ From Crashing The System
June 03, 2021  |  Digital-First Banking

Financial institutions (FIs) face challenges on two separate but equally challenging fronts. On the one hand, they have the consumer and their rising demands to...

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SoFi IPO Underscores The Rise Of The Purpose-Built Bank
SoFi IPO Underscores The Rise Of The Purpose-Built Bank
June 01, 2021  |  Digital Banking

With Wall Street’s newest FinTech darling, SoFi, trading higher and presumably off to greener pastures following its initial public offering (IPO), investor appetite clearly remains...

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African Cross-Border FinTech Chipper Cash Nets $100 Million In Latest Round
African Cross-Border FinTech Chipper Cash Nets $100 Million In Latest Round
May 31, 2021  |  International

Chipper Cash, an African fintech startup, has raised $100 million in a Series C round, according to Tech Crunch on Monday (May 31). Get the...

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