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.

Zurich FinTech neon Closes $5M Round For Mobile Banking Expansion

Zurich FinTech neon Closes $5M Round For Mobile Banking Expansion
Zurich FinTech neon Closes $5M Round For Mobile Banking Expansion
September 23, 2019  |  Investments

Zurich-based FinTech company neon announced it has closed a $5 million fundraising round led by Tamedia. Get the Full Story Complete the form to unlock...

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TRENDING: How Credit Unions Give Digital the Personal Touch
TRENDING: How Credit Unions Give Digital the Personal Touch
September 23, 2019  |  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 required....

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Deutsche Bank Takes Stake In Open Banking FinTech
Deutsche Bank Takes Stake In Open Banking FinTech
September 19, 2019  |  Partnerships / Acquisitions

Deutsche Bank has acquired a 4.9 percent stake in the German-based FinTech Deposit Solutions, according to a Deutsche Bank press release on Thursday (Sept. 19)....

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Stripe Raises $250M At $35B Valuation
Stripe Raises $250M At $35B Valuation
September 19, 2019  |  Investments

FinTech Stripe is raising $250 million in its latest funding round and has reached a pre-money valuation of $35 billion, according to a release on...

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Aussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
Aussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
September 19, 2019  |  Digital Banking

Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account...

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What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
September 19, 2019  |  Global Payments

The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the...

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TransferWise Reports 66 Pct. Profit Growth YOY
TransferWise Reports 66 Pct. Profit Growth YOY
September 18, 2019  |  International

TransferWise, one of Europe’s top five FinTech startups, announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher...

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Open Banking Startup Bud Lays Off One-Fifth Of Workforce
Open Banking Startup Bud Lays Off One-Fifth Of Workforce
September 18, 2019  |  B2B Payments

Open banking FinTech startup Bud is reportedly laying off up to one-fifth of its staff just months after announcing a $20 million fundraise, The Telegraph...

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