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.

InDebted Notches $14M To Use Machine Learning In Debt Collection

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...

READ MORE >
Adding Tech To The Credit Union’s ‘War Chest’ Of Trust
Adding Tech To The Credit Union’s ‘War Chest’ Of Trust
March 05, 2020  |  Credit Unions

Through an ongoing process of habituation over the last two decades, consumers have come to not only want certain types of seamless experiences in their...

READ MORE >
FinTech TerraPay Is Acquired, Raises $9.6M
FinTech TerraPay Is Acquired, Raises $9.6M
March 04, 2020  |  Partnerships

TerraPay, a Dutch FinTech, has been acquired by a number of investors, including Prime Ventures, Partech Africa and management for an undisclosed amount. Along with...

READ MORE >
Ant Financial Acquires Minority Stake In Klarna
Ant Financial Acquires Minority Stake In Klarna
March 04, 2020  |  Partnerships

China’s Ant Financial has acquired a minority stake in the Swedish split payments FinTech Klarna for an undisclosed sum, Klarna announced on Wednesday (March 4)....

READ MORE >
Brex Launches Vancouver Tech Hub With 40 Employees
Brex Launches Vancouver Tech Hub With 40 Employees
March 03, 2020  |  Cross-border Payments

Silicon Valley payments FinTech Brex opened its first international office, a technology hub in Vancouver, Canada with a 40-person workforce, the company announced on Tuesday...

READ MORE >
RTP Global Unveils $650M Startup-Focused VC Fund
RTP Global Unveils $650M Startup-Focused VC Fund
March 03, 2020  |  Investments

To continue supporting technology in regions all over the world from North America to Southeast Asia, Leonid Boguslavsky-founded RTP Global unveiled a new $650 million...

READ MORE >
Mark Lenhard Joins Modo’s Board
Mark Lenhard Joins Modo’s Board
March 03, 2020  |  Personnel

Mark Lenhard, a PayPal veteran, is joining the board of Modo, bringing the experience of an operator, an advisor, and an investor, having completed work across...

READ MORE >
DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity
DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity
March 02, 2020  |  Merchant Innovation

If we had to pick a favorite highly quoted Jeff Bezos aphorism, “your margin is my opportunity” would almost certainly be a contender for the...

READ MORE >