A new global business identity platform is on the scene, enabling banks, FinTechs and enterprises to verify and onboard businesses of all sizes, particularly smaller businesses. Four years and hundreds of millions of data points in the making, Markaaz has a unique, two-sided business model...
Mastercard is introducing a card issuance function for its FinTech Express platform. The payments giant made that announcement Thursday (April 25) as part of a broader rollout of enhancements to FinTech Express and its Engage program. The idea, the company said in a news release, is...
The digital transformation of banking continues to reshape how financial institutions (FIs) are meeting the evolving expectations of consumers. And central to this evolution are partnerships, which play a pivotal role in enhancing customer experiences and streamlining financial processes. A recent collaboration between Bankjoy, a provider of digital...
Revolut has reportedly made a $100 million-plus bet on Mexico’s remittance market. Speaking with Reuters Wednesday (April 17), Revolut Mexico CEO Juan Miguel Guerra said the bulk of that investment will be used to hire staff, cover short-term debt and expenses and maintain a strong...
March 29, 2024
Earning season’s set to begin in just a few weeks — but we’re still not quite done with, well, earnings season. The FinTech IPO Index was up 0.3% through the past five sessions as nCino’s stock soared 23%. The company’s latest earnings results showed that total revenues for the fourth quarter of fiscal 2024 were $123.7 million, a […]
March 21, 2024
Dave Scola, CEO, U.S. at Form3, said the transformation of banking and financial services is demanding collaboration between traditional banks and digital upstarts. The most notable, and long lasting, changes in...
March 18, 2024
Embedded payments, embedded lending and a continuing shift to virtual cards all demand a reconsideration of technical infrastructure. Banks, grappling with legacy back-end systems, and FinTechs, seeking to innovate within...
March 01, 2024
The earnings avalanche continues. The FinTech 100 Index gained 5.2% in a week that saw most names rocket higher. Expensify surged 30% higher. The company said this past week that fourth-quarter revenues came...
April 25, 2024
Mastercard is introducing a card issuance function for its FinTech Express platform. The payments giant made that announcement Thursday (April 25) as part of a broader rollout of enhancements to FinTech Express and its Engage program. The idea, the company said in a news release, is to make “it even easier for FinTechs and enablers to […]
April 18, 2024
Revolut has reportedly made a $100 million-plus bet on Mexico’s remittance market. Speaking with Reuters Wednesday (April 17), Revolut Mexico CEO Juan Miguel Guerra said the bulk of that investment...
April 03, 2024
Debt financing platform Scayl has raised $108 million to lend to other European FinTech lenders. Billing itself as a “Fintech for Fintech Lenders,” Scayl said it helps clients fund their loan books...
April 02, 2024
PSCU/Co-op Solutions has launched a program designed to facilitate collaboration between credit unions and FinTech companies. The new Fintech Engagement Program includes both vetted FinTech companies and credit unions that are looking to...
