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.

German FinTech N26 Notches $100M Amid Uncertainty
German FinTech N26 Notches $100M Amid Uncertainty
May 05, 2020  |  Investments

German challenger bank N26 closed a funding deal for an additional $100 million as it prepares for financial uncertainty due to the global coronavirus pandemic....

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Challenger Banks Raise The Stakes (And The Cash)
Challenger Banks Raise The Stakes (And The Cash)
May 01, 2020  |  B2B Payments

With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market,...

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Tide Revamps SMB Overdraft, Card Offerings With Mambu
Tide Revamps SMB Overdraft, Card Offerings With Mambu
April 30, 2020  |  B2B Payments

Cloud banking platform Mambu will help business banking platform Tide expand its services, including innovations in releasing larger overdrafts, credit cards and invoice financing, according...

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Embattled OnDeck Reports $59 Million Net Loss
Embattled OnDeck Reports $59 Million Net Loss
April 30, 2020  |  Earnings

Already facing harsh criticism from an activist investor, FinTech OnDeck reported a $59 million first-quarter net loss and $57.6 million adjusted net loss due to an...

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Innovating Next-Gen Credit Solutions
Innovating Next-Gen Credit Solutions
April 30, 2020  |  Alternative Credit

A steady progression of credit throughout decades finds payments at a new frontier. Get the Full Story Complete the form to unlock this article and...

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FinTechs Expand Open Banking Opportunity For Banks
FinTechs Expand Open Banking Opportunity For Banks
April 29, 2020  |  B2B Payments

New solutions continue to roll out as a result of open banking frameworks around the world and banks’ increasing willingness to collaborate with FinTechs. This...

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NEW DATA: How COVID-19 Is Driving CUs’ Digital Leap
NEW DATA: How COVID-19 Is Driving CUs’ Digital Leap
April 24, 2020  |  Credit Unions

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

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SoFi Deals Point To Question: ‘Just What’s a Bank?’
SoFi Deals Point To Question: ‘Just What’s a Bank?’
April 24, 2020  |  Banking

The rise of FinTech, the increasing globalization of finance — and even ravages of the coronavirus, which is making us all bank and transact across...

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How AP Automation Supports Business Continuity Plans
How AP Automation Supports Business Continuity Plans
April 23, 2020  |  Payments Innovation

With his experience working with companies located in hurricane zones, Joel Wilhite, CFO of AvidXchange, knows how to properly execute business continuity planning, a necessity...

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