PYMNTS

MAY 6, 2020

FinTech payments startup Nium , based in Singapore, is getting a new round of funding led by new investors Visa and BRI Ventures. Nium, formerly known as InstaReM, has closed four funding rounds totaling $59 million since it was founded in 2014. The size of this latest round was not disclosed.

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PYMNTS

MAY 19, 2020

FinTech payments platform Nium , based in Singapore, is expanding its global reach to service Kasikornbank’s Asia-Pacific customers in Indonesia, Korea, Malaysia, the Philippines and Vietnam. Nium, formerly known as InstaReM, has closed four funding rounds totaling $59 million since it was founded in 2014.

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PYMNTS

JANUARY 25, 2021

German neobank N26 hired Dr. Jan Kemper as its new chief financial officer (CFO) as the Berlin-headquartered FinTech looks toward a future initial public offering (IPO). Backed by billionaires Peter Thiel and Li Ka-Shing, N26 launched its first products in 2015 and is among Europe’s most valuable non-listed FinTechs.

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Chris Skinner

MAY 18, 2019

The main blog headlines are … Five phases of FinTech (2005-2027) Three years ago, I blogged about three phases of FinTech. Three years later, I can expand on that theme and talk about five phases of FinTech.

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Bank Innovation

JUNE 28, 2016

Daily Fintech is 2 years old today. For the record, here is the first post on June 29th, 2014. It is worth a read and, as it had only a handful of page views, it is quite possible that you missed it Here is our Happy Birthday Post on June Read More.

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Bank Innovation

JULY 21, 2016

When Lending Club did its IPO in December 2014 I declared it as the Netscape moment for Fintech (when it became conventional wisdom that this was going to change the world). I could be accused of contributing to the Fintech hype, which became intense in 2015 with investors flooding into Read More.

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Bank Innovation

MARCH 10, 2016

Eons ago, in November 2014, Daily Fintech looked at Google as part of a series on big tech ambitions in Fintech (Apple, Facebook, Alibaba, Google). This is the story of the dog that did not bark (yet)” 15 months is officially an… Read more Google clos­­ing Compare may signal bigger ambitions in Fintech.

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Google Fintech Apple 150

Bank Innovation

MARCH 9, 2016

Asian fintech deal sizes dwarfed U.S. Global fintech funding skyrocketed in 2014 and 2015, but tapered off in the fourth quarter of 2015, with the implication that 2016 won’t be so sweet, according to the report. deal sizes in 2015, a new report from KPMG and CB Insights shows. But yesterday’s Ant Read More.

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Bank Innovation

DECEMBER 6, 2016

Traditional Fintech is so boring – and so profitable. Two years ago, in December 2014, we took a look at Read More. The question is whether these vendors will use some of those profits to transform themselves or let nimble startups with modern technology and new business models eat their lunch.

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Bank Innovation

SEPTEMBER 4, 2018

Fintech startups, particularly neobanks, have long suffered from having great technology, but few customers using it. What was BBVA paying for when it bought Simple for $117 million in 2014? Simple and Moven had more innovative offerings than traditional peers, but that didn't translate to more customers or more revenue.

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Bank Innovation

AUGUST 26, 2016

Image credit: Cafe Credit In March 2014 the Australian Parliament rubber stamped new Credit reporting & Privacy Laws that enabled Credit Providers (CPs) and Credit Reporting Bureaus (CRBs) to commence voluntary Comprehensive Credit Reporting (CCR). Read More.

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Bank Innovation

OCTOBER 13, 2017

Santander InnoVentures, the venture capital arm of Santander Bank, has invested $6 million in Mexican fintech ePesos. The fund was launched in 2014 and has […]. InnoVentures was the leader in the round, though VilCap Investments, Finlab, and Pomona Impact also invested.

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PYMNTS

MARCH 22, 2019

The latter firm had been one of the investors in the original $1 million seed round raised by Thinknum in 2014. In Africa, and in a different form of investment activity – this time through acquisition – Lagos FinTech startup OneFi said it will acquire Nigerian FinTech Amplify for an undisclosed amount.

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Data Fintech Capital Lending 178

Bank Innovation

APRIL 18, 2018

Launched back in 2014, […]. EXCLUSIVE - With over 100,000 signups to date, Ollie Purdue, CEO of digital current accounts Loot will turn his focus on generating revenues this year. “We We spent last year and most of 2016 scaling and on the workings of the product,” Purdue told Bank Innovation. This year, we look at revenues.”

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PYMNTS

JANUARY 21, 2020

London-based expense management startup Expend is introducing a FinTech marketplace to support small to-medium-sized enterprises (SMEs), the company announced on Tuesday (Jan. Expend was founded in 2014 by Johnny Vowles and Rudolph Graan. There are also plans in the works for exclusive cardholder offers. . billion by 2025. .

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PYMNTS

MARCH 25, 2020

Branchless bank and FinTech Green Dot has reported that Dan Henry will step in as its new president and CEO, and will also join the board of directors. Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. billion all-cash sale to TSYS. “I

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Bank Innovation

OCTOBER 19, 2017

EXCLUSIVE – Banking keyboard app, PayKey closed a $10 million Series B funding round today bringing the fintech’s total investment to $16 million since its establishment in 2014. The funding will be used to fuel the company’s growth strategy in the Asian market, Daniel Peled, CEO and Co-Founder of PayKey told Bank Innovation. “We

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Strategy Innovation Marketing Google 270

PYMNTS

MARCH 20, 2018

FinTechs and non-bank financial service providers are set to take over traditional banks as the preferred choice for small business (SMB) customers in Australia, a new report by Scottish Pacific found. FinTech offers include creating seamless online loan applications and software that analyzes financial data to deliver the best possible deal.

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Fintech Lending Survey Innovation 118

PYMNTS

FEBRUARY 20, 2018

19) that they had inked a deal to collaborate and support FinTech initiatives called the Cooperation Arrangement on Financial Technology Innovation (FinTech Arrangement). According to a press release , the two organizations will support each other’s efforts via the FinTech initiatives LabCFTC and FCA Innovate.

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Chris Skinner

SEPTEMBER 7, 2017

I recently was interviewed for a conference in Miami, and thought you might enjoy the Q&A so sharing … Your book “Digital Bank” published in 2014 included extensive guidance and background on the digital revolution in banking that was taking place.

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Miami Conference Digital Banking Fintech 258

Chris Skinner

APRIL 24, 2017

Source: World Bank More detail about these figures can be found in the World Bank’s Global Findex report and database, which estimates that the number of people worldwide having an account equates to 62% of the world’s adult population has an account in 2014, up from 51% in 2011. In 2011, 2.5 This represents a 20% decrease.

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National Strategy Case Study Mobile 316

Bank Innovation

APRIL 3, 2018

based money transfer service, it launched in 2014, where customers could transfer money at lower fees. Retail giant Walmart announced today the launch of a global money transfer service called Walmart2World. The Walmart2World service is extension of its U.S.-based

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PYMNTS

SEPTEMBER 30, 2020

The agency first proposed a special banking charter for FinTechs in 2014 that would limit pushback from the Federal Deposit Insurance Corp. The banking industry insists it’s not hostile in principle to opening up the playing field to FinTechs, and that traditional FIs are open to doing something new.

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Regulation National System Industry 349

Chris Skinner

OCTOBER 22, 2017

Released on October 20, 2014, the wallet is now used extensively in the USA and 19 other countries, including newly added … The post The latest on Apple Pay (#Money2020) appeared first on Chris Skinner's blog.

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Apple Fintech Mobile Payments 244

PYMNTS

FEBRUARY 13, 2020

Assembly Payments shares our vision, and we are pleased to partner them based on the strength of their core technology and talented team,” said Alex Manson, head of SC Ventures — the innovation, FinTech investment and ventures arm of Standard Chartered. Westpac-backed FinTech Assembly Payments was founded in 2013 in Melbourne, Australia. .

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Bank Innovation

JANUARY 9, 2018

Alibaba’s $25 billion IPO on the New York Stock Exchange in 2014 was the largest in history. Jack Ma, founder of e-commerce company Alibaba Group is seriously considering listing the company on Hong Kong’s exchange, he said.

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PYMNTS

JANUARY 30, 2017

Nyca Partners, the venture capital firm focused on the FinTech market, raised $125 million for a second fund. According to a report , Hans Morris, the former Visa president turned venture capitalist, created Nyca Partners in 2014, launching a $30 million fund. Nyca Partners isn’t the only one eyeing the FinTech market.

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PYMNTS

OCTOBER 16, 2017

That’s why South African FinTech company Yoco has made it its mission to improve things for African businesses, large and small. Yoco has launched two levels of payments solutions since its inception and beta phase in 2014 and subsequent launch in 2015, starting with a Square-like card reader.

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Fintech San Francisco Cards Payments 139

Chris Skinner

JUNE 16, 2017

Ethereum raised money with an ICO in 2014. Unlike an initial public offering (IPO), acquisition of the tokens does not grant ownership in the company developing the new cryptocurrency. And unlike an IPO, there is little or no government regulation of an ICO. “The first ICO was for Mastercoin in 2013. ICOs are now extremely popular.

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cryptocurrency Bitcoin Community Regulation 408

Chris Skinner

JANUARY 31, 2019

Things we’re reading today include … Deutsche Bank swings to first full-year net profit since 2014 German regulators probe price decline at Wirecard UK fintech shuts US operation to save Chinese deal Barclays trial jury told to ignore defendants’ jokes about prison TSB computer meltdown bill rises to £330m Metro … The post Things (..)

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PYMNTS

JANUARY 18, 2018

Indian Bank of Baroda is working with a FinTech player to enhance its supply chain finance offerings. Baroda’s iGTB partnership means the bank is joining a growing list of traditional players collaborating with FinTechs to enhance supply chain finance and other corporate financial service offerings.

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PYMNTS

MARCH 26, 2018

FinTech in particular is an increasingly important part of Chinese business growth, with 84 percent of SMBs reporting that 10 percent of sales come through digital payments tools like Alipay and WeChat. 24 percent of Aussie SMBs use traditional banks for funding, down from 38 percent in 2014, Scottish Pacific’s report found.

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PYMNTS

OCTOBER 20, 2017

Since mid-2014, more than 50 of the world’s major financial services institutions have invested in the sector.”. Additionally, the company recently joined the Enterprise Ethereum Alliance , which connects Fortune 500 companies with FinTech startups, academics and blockchain experts.

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blockchain cryptocurrency Bitcoin Technology 210

PYMNTS

AUGUST 12, 2020

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. The company said its efforts recognize “the important role FinTechs play in the world’s rapid digital transformation.”. 12) announcement.

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PYMNTS

JULY 31, 2018

Coverage includes Accenture ’s FinTech Innovation Lab Asia-Pacific. In Asia , eight FinTech startups have been chosen for Accenture’s 2018 FinTech Innovation Lab Asia-Pacific, the firm said in a announcement. The annual 12-week mentorship program, which launched in 2014 in Hong Kong, received applications from over 160 firms.

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PYMNTS

JUNE 22, 2020

The Alibaba affiliate, which will now be known, at least in business records, as Ant Technology Group, decided its name was due for an overhaul as the big FinTech began attracting growing scrutiny from China’s financial watchdogs. As 2018 gave way to 2019, the fund – Tianhong Yu’e Bao – had ballooned to more than $168 billion.

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Regulation Groups Fintech Technology 181

PYMNTS

FEBRUARY 22, 2018

Southeast Asia is now front and center on the world’s FinTech stage, and it’s no accident. Regulatory efforts to promote FinTech innovation, a bustling climate for blockchain and interest from other markets eyeing the region for expansion have all led to Southeast Asia’s impressive standing in this space.

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