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.

Open Payments Raises $3.5M In Seed Round
Open Payments Raises $3.5M In Seed Round
August 24, 2020  |  B2B Payments

Open Payments, the Stockholm-based FinTech, has raised €3 million ($3.5 million) in a seed-funding round, according to a report from the magazine EU-Startups. The round...

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Nium Partners With TeleDolar In LATAM Expansion
Nium Partners With TeleDolar In LATAM Expansion
August 24, 2020  |  International

Cross-border payments company Nium has partnered with TeleDolar, the Costa Rican FinTech platform.  Get the Full Story Complete the form to unlock this article and enjoy...

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Afterpay Buys Pagantis For €50M To Expand Its EU Footprint
Afterpay Buys Pagantis For €50M To Expand Its EU Footprint
August 24, 2020  |  Buy Now Pay Later

Afterpay is aiming to boost its European expansion efforts by acquiring PMT Technology SLU and the FinTech Pagantis from NBQ Corp. for a minimum of...

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SMBs Seek Working Capital From New Sources
SMBs Seek Working Capital From New Sources
August 21, 2020  |  SMBs

Legacy banks are famously risk-averse, and the pandemic hasn’t improved that. Tightening of the credit markets during lockdowns up to now has beset small and...

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Logistics FinTech Leads Quiet Week In B2B Funding
Logistics FinTech Leads Quiet Week In B2B Funding
August 21, 2020  |  B2B Payments

Robinhood’s $200 million fundraise this week may be the talk of the FinTech town, but B2B FinTechs saw their fair share of fresh investments, too....

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Ant Group Posts Profits Of $1.3B In Advance Of IPO
Ant Group Posts Profits Of $1.3B In Advance Of IPO
August 20, 2020  |  IPO

Ant Group, the Chinese FinTech, reported profits of 9.2 billion yuan ($1.3 billion) in the first fiscal year quarter, Bloomberg News reported. That’s up 560 percent...

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Deep Dive: How FinTechs Harness Machine Learning To Approve SMB Loans More Quickly And Safely
Deep Dive: How FinTechs Harness Machine Learning To Approve SMB Loans More Quickly And Safely
August 20, 2020  |  Payments Powering the Platform Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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India’s Paytm To Offer App-Based Stock Trading
India’s Paytm To Offer App-Based Stock Trading
August 19, 2020  |  Mobile Applications

“Investing in stocks was never this easy,” India’s Paytm Money boasted in a blog post. The FinTech company said that adding stock trading to its...

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Revolut Launches Expense-Splitting Feature
Revolut Launches Expense-Splitting Feature
August 19, 2020  |  Payments Innovation

Revolut Ltd., the British financial technology (FinTech) company, has introduced what it describes as a simple way to track, split and settle expenses instantly, in one place....

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