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 FinTech SpotOn Raises $50M In Series B Round

SMB FinTech SpotOn Raises $50M In Series B Round
SMB FinTech SpotOn Raises $50M In Series B Round
March 11, 2020  |  Investments

SpotOn, a point-of-sale payment solution company for small and medium-sized businesses (SMBs), has raised $50 million in a Series B funding round, according to a...

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Interest Rates to Pinch Alt Lenders and Digital Banks
Interest Rates to Pinch Alt Lenders and Digital Banks
March 11, 2020  |  Banking

Welcome to the unchartered territory for the lending landscape – at least for those who were born and came of age in the new Millennium,...

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India Corporate Card Startup Karbon Lands Funding
India Corporate Card Startup Karbon Lands Funding
March 10, 2020  |  B2B Payments

In seed funding from well-known angel investors, corporate card FinTech Karbon Card has notched $2 million. Amrish Rau, the PayU founder and Pine Labs CEO,...

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How Banks Can Tap Into The Benefits Of Integrated Receivables
How Banks Can Tap Into The Benefits Of Integrated Receivables
March 09, 2020  |  Banking

FinTechs are keeping an eye on the needs of banks and their corporate clients in today’s market. Treasurers, in one case, may have deposits at...

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Visa Teams With Nigeria’s Paga For Global FinTech
Visa Teams With Nigeria’s Paga For Global FinTech
March 09, 2020  |  Partnerships / Acquisitions

Visa is partnering with the Nigeria-based startup Paga to bring payments technology to Africa and abroad, according to reports on Monday (March 9). Get the...

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How To Compete With Banks: Start With First Principles
How To Compete With Banks: Start With First Principles
March 09, 2020  |  Banking

Aristotle may have originated the notion of first principles thousands of years ago, but it would take Elon Musk to add a contemporary business flair to...

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Today In Payments: India Seizes Control Of Yes Bank; JPMC CEO Dimon Recovers From Heart Surgery
Today In Payments: India Seizes Control Of Yes Bank; JPMC CEO Dimon Recovers From Heart...
March 06, 2020  |  News

In today’s top payments news, the Indian government has taken control of Yes Bank as it creates a bailout plan for the bank, and JPMorgan...

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How FinTech Keeps Banks Focused On Customer Experience With AP Automation
How FinTech Keeps Banks Focused On Customer Experience With AP Automation
March 06, 2020  |  Banking

FinTechs are helping banks focus on the customer experience through accounts payable (AP) automation. AvidXchange Senior Vice President of Financial Services Boyce Adams Jr. told PYMNTS in...

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InDebted Notches $14M To Use Machine Learning In Debt Collection
InDebted Notches $14M To Use Machine Learning In Debt Collection
March 05, 2020  |  Consumer Finance

The Australian FinTech InDebted announced it has raised A$14 million ($9 million) in its Series A funding round, co-led by venture capital firms Carthona Capital...

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