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.

Cross River Buys SaaS Provider Betterfin, Advances API-Based Platform

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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Venture Capital Drawn to AI and Data FinTechs as Next Connected Economy Unicorns
Venture Capital Drawn to AI and Data FinTechs as Next Connected Economy Unicorns
November 01, 2021  |  Connected Economy

The connected economy is materializing so quickly that existing digital infrastructure is starting to fall behind — especially regarding how data is used to solve...

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Nubank IPO Filing, Valuation Spotlights Heady Neobank Growth Expectations  
Nubank IPO Filing, Valuation Spotlights Heady Neobank Growth Expectations  
October 29, 2021  |  IPO

Through the pandemic, amid a heady pace of FinTech-related listings activity on U.S. exchanges, Nubank is, to quote an old movie, readying for its closeup....

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Nigerian FinTech Tingo Mobile Signs Agreement With Visa 
Nigerian FinTech Tingo Mobile Signs Agreement With Visa 
October 28, 2021  |  Partnerships

Tingo Mobile has entered into an agreement with Visa, a move the firm says will help deepen its financial services offerings in Nigeria and expand...

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Trade Finance Platform Drip Capital Raises $175M in Series C
Trade Finance Platform Drip Capital Raises $175M in Series C
October 28, 2021  |  Investments

Digital cross-border trade finance platform Drip Capital raised $175 million, including $40 million in a Series C funding round and $135 million in warehouse debt...

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Visa Under DOJ Scrutiny for Payments to PayPal, Square and Stripe
Visa Under DOJ Scrutiny for Payments to PayPal, Square and Stripe
October 27, 2021  |  VISA

The Department of Justice (DOJ) is looking into Visa’s relationships with large FinTechs, citing antitrust concerns, The Wall Street Journal (WSJ) reported. Get the Full...

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