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.

Mogo, LendingClub Bank Partner On Debit Card Issuance
Mogo, LendingClub Bank Partner On Debit Card Issuance
April 08, 2021  |  Partnerships / Acquisitions

Canadian digital payment FinTech Mogo has announced that Carta Worldwide, its payments platform, will be partnering with U.S.-based LendingClub Bank to help power a debit...

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Wealth Tech Firm Envestnet Buys FinTech Startup Harvest Savings
Wealth Tech Firm Envestnet Buys FinTech Startup Harvest Savings
April 08, 2021  |  Acquiring

Wealth management technology firm Envestnet has acquired FinTech startup Harvest Savings & Wealth Technologies for an undisclosed amount.  Get the Full Story Complete the form...

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FinTech Avant Snaps Up Zero Financial And Digital Banking App Level
FinTech Avant Snaps Up Zero Financial And Digital Banking App Level
April 07, 2021  |  Partnerships / Acquisitions

FinTech Avant, which works to give underserved consumers access to credit, has acquired Zero Financial along with its neobank, Level, according to a press release....

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Instacart And DoorDash To Launch Credit Cards
Instacart And DoorDash To Launch Credit Cards
April 07, 2021  |  Payment Methods

Instacart and DoorDash, which both have seen big gains during the pandemic, are each planning to roll out credit cards, The Wall Street Journal (WSJ)...

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JPMorgan’s Dimon’s Letter: Big Tech, FinTech Present Competitive Threat To Banks
JPMorgan’s Dimon’s Letter: Big Tech, FinTech Present Competitive Threat To Banks
April 07, 2021  |  Banking

J.P. Morgan Chase’s CEO Jamie Dimon said in his annual shareholder’s letter that banks are facing a slew of competitive challenges from tech-nimble, non-traditional financial...

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Today In Payments: Altimeter SPAC To Take Grab Public; Coinbase First-Quarter Earnings Blow Past Last Year
Today In Payments: Altimeter SPAC To Take Grab Public; Coinbase First-Quarter Earnings Blow Past Last...
April 07, 2021  |  News

In today’s top news, Grab could finalize a blank-check merger with Altimeter Capital this week, and Coinbase reported stellar earnings for the first quarter of...

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Facing Restrictions In China, JD Digits Launches Holding Company
Facing Restrictions In China, JD Digits Launches Holding Company
April 07, 2021  |  International

JD Digits will set up a financial holding company to meet with China’s regulatory rules governing the FinTech sector, Bloomberg reported Wednesday (April 7). Get...

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Today In Digital-First Banking: Plaid Lands $425 Million In Series D; PSCU Grows Reach In Hawaii
Today In Digital-First Banking: Plaid Lands $425 Million In Series D; PSCU Grows Reach In...
April 07, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Plaid has raised $425 million via a Series D funding round, while PSCU has expanded its reach in...

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Plaid Raises $425 Million Series D At $13.4 Billion Valuation
Plaid Raises $425 Million Series D At $13.4 Billion Valuation
April 07, 2021  |  Investments

FinTech infrastructure startup Plaid raised $425 million in a Series D funding round, putting the company’s valuation at $13.4 billion. This is its first funding...

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