FinTechs

Revolut Rescinds Job Offers to New Grads as it Reviews Operations
Revolut Rescinds Job Offers to New Grads as it Reviews Operations
September 07, 2022  |  Banking

Revolut is pulling job offers extended to new graduates as the challenger bank continues auditing its operations and picking through the numbers as part of...

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Alternative Auto Financing Puts Car Ownership in Reach in Emerging Markets
Alternative Auto Financing Puts Car Ownership in Reach in Emerging Markets
September 07, 2022  |  Europe

For millions of people in emerging markets like South Africa where public transport is slow, unreliable, and sometimes dysfunctional, owning a vehicle is far more...

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Fraud Prevention FinTech Alloy Nets $52M on $1.55B Valuation
Fraud Prevention FinTech Alloy Nets $52M on $1.55B Valuation
September 01, 2022  |  Legal & Regulation

Alloy, which works on helping banks and FinTechs with identity decisioning and threat selections with API service and SaaS, has a $1.55 billion valuation now...

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Stripe Valuation Marked Down 64% By T. Rowe Price Global Tech Fund
Stripe Valuation Marked Down 64% By T. Rowe Price Global Tech Fund
August 23, 2022  |  Fintech Investments

The valuation for payments company Stripe and other pre-IPO tech firms was cut by T. Rowe Price Group‘s Global Tech Fund amid cooling investor appetite...

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Process Orchestration Helps Legacy Banks Take Giant Digital Leap
Process Orchestration Helps Legacy Banks Take Giant Digital Leap
August 09, 2022  |  Banking

Never has the idea of “legacy” taken such a pasting as during the pandemic’s digital shift, but banking is a legacy business. Or rather, it...

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Once-Hot FinTech Sector Loses Half a Trillion in Valuation
Once-Hot FinTech Sector Loses Half a Trillion in Valuation
July 18, 2022  |  Fintech Investments

The once-hot FinTech space is in the midst of a big chill, shedding half a trillion in valuation as the cumulative value of shares of...

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APIs Have Become FinTechs’ Keys to the Money Mobility Kingdom
APIs Have Become FinTechs’ Keys to the Money Mobility Kingdom
July 15, 2022  |  Payments Innovation

Consumers have grown to expect seamless and innovative payment experiences, and FinTechs are delivering. But they also face competition as financial institutions (FIs) and even...

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Payrailz and Jack Henry & Associates on the Importance of Placing Real-Time Payments Within Reach of More FIs
Payrailz and Jack Henry & Associates on the Importance of Placing Real-Time Payments Within Reach...
July 04, 2022  |  Real-Time Payments

For the latest edition of "The Real-Time Payments Tracker," PYMNTS brought in executives from Payrailz and Jack Henry & Assoc. to learn how third-party organizations...

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PYMNTS Intelligence: How Embedded Finance Can Help Banks Compete With FinTechs
PYMNTS Intelligence: How Embedded Finance Can Help Banks Compete With FinTechs
July 01, 2022  |  Banking

Personal banking has become more digital than ever since the pandemic’s onset, when physical bank branches shut down, leading consumers to develop a penchant for online services. A recent...

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