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.

SMB Financing Fuels Week Of B2B Venture Capital

SMB Financing Fuels Week Of B2B Venture Capital
SMB Financing Fuels Week Of B2B Venture Capital
May 22, 2020  |  B2B Payments

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first...

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Revolut Integrates With Clear Books Accounting Software
Revolut Integrates With Clear Books Accounting Software
May 20, 2020  |  Partnerships / Acquisitions

London-based FinTech Revolut said it will “integrate” its products with Clear Books, which offers accounting software for small businesses. Get the Full Story Complete the...

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Brex Notches $150M To Advance Expense Management Tools
Brex Notches $150M To Advance Expense Management Tools
May 19, 2020  |  Investments

FinTech startup unicorn Brex has closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said in...

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Plaid API Platform Gives Banks Access To Data Tools, 2,600 Apps
Plaid API Platform Gives Banks Access To Data Tools, 2,600 Apps
May 19, 2020  |  API

More individuals and businesses than anticipated are turning to FinTechs for their financial needs, as the demand is possibly accelerated by the coronavirus pandemic. As...

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ECB: Setting The Stage For Pan-European Real Time Cross-Border Payments
ECB: Setting The Stage For Pan-European Real Time Cross-Border Payments
May 19, 2020  |  Faster Payments

The COVID-19 pandemic has shaken both the United States and global economies, with 38.4 percent of small to mid-sized businesses (SMBs) reducing their payroll and...

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Kabbage Is Revived By Processing PPP Loans
Kabbage Is Revived By Processing PPP Loans
May 18, 2020  |  Loans

Kabbage Inc., the financial technology company that funds small businesses, has issued 110,000 Paycheck Protection Program (PPP) applications totaling more than $3.5 billion, the Atlanta-based...

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B2B FinTechs Find Funding To Ease Firms’ Digital Transformations
B2B FinTechs Find Funding To Ease Firms’ Digital Transformations
May 15, 2020  |  B2B Payments

Much of the $117 million raised by B2B FinTechs from venture capitalists this week targets money management services for businesses, including invoice financing, lending and...

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Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
May 15, 2020  |  Investments

London FinTech unicorn Monzo is closing in on a new funding round as it faces a near 40 percent drop in valuation due to coronavirus...

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Mastercard, Enel X Win Bid To Develop Israeli FinTech Lab
Mastercard, Enel X Win Bid To Develop Israeli FinTech Lab
May 13, 2020  |  Mastercard

Mastercard and technology solutions firm Enel X are teaming up after winning a competitive bid to develop a FinTech and cybersecurity innovation lab in partnership...

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