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.

LendingClub CEO Heralds ‘Transformative’ Radius Bank Buy

LendingClub CEO Heralds ‘Transformative’ Radius Bank Buy
LendingClub CEO Heralds ‘Transformative’ Radius Bank Buy
February 19, 2020  |  Earnings

LendingClub on Tuesday (Feb. 18) posted results that showed continued growth in loan originations, up mid-single-digit percentages year over year – results that were possibly...

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FinTech LendingClub Buys Radius Bank For $185M
FinTech LendingClub Buys Radius Bank For $185M
February 18, 2020  |  Partnerships / Acquisitions

FinTech LendingClub is purchasing Radius Bancorp for $185 million in cash and stock, according to a report by CNBC. Get the Full Story Complete the...

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Rapyd, Visa Promote FinTech Adoption
Rapyd, Visa Promote FinTech Adoption
February 18, 2020  |  B2B Payments

B2B FinTech-as-a-Service (FaaS) unicorn Rapyd has partnered with Visa to help small and medium-sized businesses (SMBs) expand their FinTech and payment services, Rapyd announced on...

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SumUp, Mastercard Intro Business Payments Card
SumUp, Mastercard Intro Business Payments Card
February 18, 2020  |  B2B Payments

U.K. FinTech SumUp is launching its first card for business payments, in partnership with Mastercard, SumUp announced in a blog post on Tuesday (Feb. 18). ...

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i2c, SmartHealth PayCard Partner For Health Credit Card 
i2c, SmartHealth PayCard Partner For Health Credit Card 
February 18, 2020  |  Payment Methods

Digital banking and payments firm i2c is partnering with FinTech healthcare credit card SmartHealth PayCard, i2c announced on Tuesday (Feb. 18). Get the Full Story...

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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm
SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm
February 16, 2020  |  Investments

SoftBank will add $1 billion this year to its $5 billion Latin America Fund introduced in 2019, adding to last year’s $1.6 billion, Bloomberg reported...

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Joint Venture Delivers Payments To Singapore
Joint Venture Delivers Payments To Singapore
February 14, 2020  |  B2B Payments

British bank Standard Chartered and payments firm Assembly Payments have established a joint venture in Singapore to bring payment solutions to its $29 trillion global...

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JPMorgan To FinTechs: Sign Data Sharing Deals, Sources Say
JPMorgan To FinTechs: Sign Data Sharing Deals, Sources Say
February 14, 2020  |  Banking

As large banks and FinTechs worldwide wrestle over data-sharing, JPMorgan Chase & Co has reportedly set a mid-summer deadline for FinTechs to ink new data...

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Fenergo Lands $80M To Grow Banking Compliance Business
Fenergo Lands $80M To Grow Banking Compliance Business
February 12, 2020  |  Investments

Fenergo, a Dublin-based FinTech startup that helps other banking organizations deal with regulatory compliance, onboarding and “lifecycle management,” has raised $80 million and has a...

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