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.

Digital Bank Chime Suffers Outage Affecting 5M Customers
Digital Bank Chime Suffers Outage Affecting 5M Customers
October 18, 2019  |  Banking

Online banking startup Chime has been hit with an outage that has left its 5 million customers with no access to their money. Get the...

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Accel Leads $77M Funding Round For Galileo FinTech
Accel Leads $77M Funding Round For Galileo FinTech
October 17, 2019  |  Investments

Galileo, a FinTech whose APIs help run companies like Chime, Robinhood, Monzo, Revolut, TransferWise and Varo, has announced a $77 million Series A funding round...

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India VC Funds Flow Into B2B (FinTech) Space
India VC Funds Flow Into B2B (FinTech) Space
October 17, 2019  |  Investments

The deals seem to be getting bigger headed into the last few weeks of the year. Get the Full Story Complete the form to unlock...

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Foreign Investors Spent $60B Buying UK Tech Firms Since Brexit Vote
Foreign Investors Spent $60B Buying UK Tech Firms Since Brexit Vote
October 17, 2019  |  Brexit

Since the Brexit vote three years ago, foreign buyers have announced $60 billion in deals for U.K. tech companies. Get the Full Story Complete the...

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Codat Pulls SMB Accounting Into The Open Banking Fold
Codat Pulls SMB Accounting Into The Open Banking Fold
October 16, 2019  |  B2B Payments

Small business (SMB) accounting FinTech Codat is teaming up with five°degrees to join its Open Banking partnership, according to Verdict on Tuesday (Oct. 15). Get...

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Citi On Simplifying Cross-Border Payments
Citi On Simplifying Cross-Border Payments
October 16, 2019  |  Digital Payments

The buyer is in Canada. The seller is in Singapore. The transaction wends its way across borders, in the middle of the night, settling instantly. Get...

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Revolut Taps JPMC To Raise $1.5B For Global Expansion
Revolut Taps JPMC To Raise $1.5B For Global Expansion
October 14, 2019  |  Investments

U.K. FinTech company Revolut wants to raise as much as $1.5 billion so that it can expand globally. Get the Full Story Complete the form...

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Nubank FinTech Grows Client Base By 25 Pct Since August
Nubank FinTech Grows Client Base By 25 Pct Since August
October 13, 2019  |  Digital Banking

The largest FinTech startup in Latin America — Brazil’s Nubank — is reporting a 25 percent increase in the number of clients since August, Reuters...

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Paysend Wields Open Banking For Business Account Services
Paysend Wields Open Banking For Business Account Services
October 10, 2019  |  B2B Payments

U.K. FinTech Paysend is launching a new service for corporates to access integrated banking and payment services, the result of a collaboration with open banking...

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