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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. Fintech enthusiasts should also keep a close watch on Apple’s newly unveiled BNPL system, Apple Pay Later. According to Kristen E.

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Fintech 1, 2 and 3.0 … there’s an elephant in the room and it’s under attack

Chris Skinner

I was piqued by Victor Matarranz’s [SEVP Head of Group Strategy and Chairman’s Office, Banco Santander] presentation at MoneyConf last week, mainly because he began by talking about Fintech 1.0 versus Fintech 2.0. Fintech 1.0

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Kasikornbank To Offer Nium’s FinTech Payments Platform

PYMNTS

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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Alibaba to Buy 33% Equity Stake in Fintech Affiliate Ant Financial

Bank Innovation

The Alibaba Group will take a 33% equity stake in Ant Financial, it’s affiliate fintech company that operates popular mobile payments service Alipay, the group announced today.

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Banking Keyboard App PayKey Raises $10 Million in Funding

Bank Innovation

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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Which Fintech Companies Have Over 1 Million Customers?

Bank Innovation

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

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Help us decode the Fintech Genome

Bank Innovation

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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