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.

FinTech Business Insurance Startup Nimbla Raises $6.9M

FinTech Business Insurance Startup Nimbla Raises $6.9M
FinTech Business Insurance Startup Nimbla Raises $6.9M
November 03, 2021  |  Investments

FinTech business insurance startup Nimbla raised 5.1 million pounds ($6.96 million) in a funding round led by Silicon Valley venture fund Fin VC, with participation...

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Hong Kong FPS Averages $667.9M in Daily Transaction Volume  
Hong Kong FPS Averages $667.9M in Daily Transaction Volume  
November 03, 2021  |  Real-Time Payments

Three years after its launch, Hong Kong’s Faster Payment System (FPS) has reached nearly 750,000 daily transactions with a total volume of 5.2 billion Hong...

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Payment Firm Zelle’s YoY Sent Payment Values Increased by 51% for Q3
Payment Firm Zelle’s YoY Sent Payment Values Increased by 51% for Q3
November 03, 2021  |  Earnings

Early Warning Services, the parent company of FinTech payments firm Zelle, posted year-over-year (YOY) increases across Zelle Small Business and Disbursements with Zelle, according to...

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The One Thing: Upgrading Old Financial Plumbing to Pump Up a Connected Economy
The One Thing: Upgrading Old Financial Plumbing to Pump Up a Connected Economy
November 03, 2021  |  Commerce Connected

Super apps may consolidate an array of finance apps into a seamless, simplified and single user experience, but while all looks well on their dazzling...

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GI Partners Bets on Healthcare FinTech Rectangle
GI Partners Bets on Healthcare FinTech Rectangle
November 02, 2021  |  Investments

The healthcare FinTech Rectangle Health has received a recapitalization from GI Partners, a private investment firm with healthcare technology and payments investing experience.  Get the...

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Cross River Buys SaaS Provider Betterfin, Advances API-Based Platform
Cross River Buys SaaS Provider Betterfin, Advances API-Based Platform
November 02, 2021  |  Partnerships

FinTech Cross River Bank has acquired 4-year-old software-as-a-service (SaaS) provider Betterfin, a company focused on helping small businesses manage their cash flow and offer insights...

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Startup Updraft Uses Open Banking to Help UK Consumers Manage Credit Without the Credit Card
Startup Updraft Uses Open Banking to Help UK Consumers Manage Credit Without the Credit Card
November 02, 2021  |  Personal Finance

If a consumer needs to make a purchase but is cash-strapped or wants to save their money for other needs, a credit card always comes...

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Digital Currency Group Notches $10B Value 
Digital Currency Group Notches $10B Value 
November 01, 2021  |  Fintech Investments

Blockchain sector investor Digital Currency Group, the parent company of Grayscale Investments, LLC, is valued at more than $10 billion following a recent funding round,...

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