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 14, 2016

That means the region is becoming a sweet spot for FinTech investment. billion, as measured across payment companies, Internet insurers and peer-to-peer players, and the most recent tally grew by 60 percent over 2014, Reuters reported. As a region, Asia has seen $4.5 The global investment activity in the space stood at $19.1

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Fintech Regional National Mobile 100

PYMNTS

FEBRUARY 13, 2020

The platform will have the ability to manage transactions across multiple payment types — online, mobile, point-of-sale, digital wallets, debit and credit cards, and real-time payments — and countries. “As Westpac-backed FinTech Assembly Payments was founded in 2013 in Melbourne, Australia. .

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Payments Fintech Tools Management 197

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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Retail Online Innovation Lending 250

PYMNTS

MARCH 26, 2018

80 percent of Chinese small businesses earn more than 10 percent of revenue from online sales , found CPA Australia for its Asia-Pacific Small Business Survey. 24 percent of Aussie SMBs use traditional banks for funding, down from 38 percent in 2014, Scottish Pacific’s report found. Even more – 97.5 69 percent of U.K.

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Survey Regional Capital Data 193

PYMNTS

JUNE 15, 2016

One emerging player in the Australian FinTech market has just secured another round of capital. PromisePay , a fully managed payments platform for online marketplaces, has raised $10 million in order to fuel its continued growth. Everything is moving online. There’s a fundamental shift in payments.

Fintech 100

Fintech Online Capital Fraud 100

PYMNTS

JANUARY 14, 2020

China is finalizing its first rules for online-only banks, striving to reduce financial jeopardy and lure pivotal participants, Reuters reported on Monday (Jan. About 12 associations, including foreigners, are working on the new laws with Chinese officials, and some are eager to introduce online banks, a source said.

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Online Digital Banking blockchain Fintech 145

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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Fintech Innovation cryptocurrency blockchain 163

PYMNTS

SEPTEMBER 26, 2016

The newspaper cited Ripple’s use of blockchain technology and the ability of two small banks, one in Canada and one in Germany, to complete cross-border online transactions in record time as an example of the latest banking innovations. trillion in 2014 to $2.3 trillion in 2014 to $2.3 trillion in 2019. trillion in 2019.

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Regulation Fintech blockchain Mobile 100

PYMNTS

JULY 8, 2020

Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. . Ant Group was launched in 2014 to provide global financial services. If the IPO moves ahead, one of the sources said it would be one of the world’s biggest listings this year.

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Groups Report Capital Regulation 175

PYMNTS

APRIL 12, 2019

Some of its brands include online takeout service Jumia Food, travel booking service Jumia Flights and classified services Jumia Deals. retailers online in markets across Africa, according to reports. Digital payments, FinTech and eCommerce are expanding slowly but surely in Africa. Jumia Scope.

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New York Mobile Course Payments 209

PYMNTS

DECEMBER 15, 2019

Delivery Hero acquired a majority stake in Yogiyo in 2014. The (food) delivery market has been flooded with gigantic Japan-backed capital and influential online platforms, leading Woowa to factor in partnership as a survival strategy,” a spokesman at Woowa Brothers told Reuters. UberEats left South Korea earlier this year. .

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Capital Online Marketing System 130

PYMNTS

SEPTEMBER 16, 2016

Nearly $120 million has been invested in approximately 300 startups based in Guadalajara since 2014. Mexico’s longstanding business culture resulted in the government investing $658 million to an estimated 620,000 entrepreneurs back in 2014. It’s projected that Mexico will represent the world’s fifth-largest economy by 2050.

Fintech 100

Fintech Capital Mobile Millennials 100

PYMNTS

JUNE 12, 2018

A press release issued Monday (June 11) revealed OroCommerce is turning to the cross-border payments FinTech to provide payment services for its corporate customers via API. The solution links businesses on the OroCommerce platform to more than 125 international payment methods to pay for the goods they purchase online.

Payments 134

Payments User Experience Meeting Online 134

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

APRIL 21, 2019

The Securities and Exchange Commission announced late last week that Prosper , the online lender, has agreed to pay a $3 million fine for misleading retail and other investors via statements it made. Prosper isn’t the only FinTech to run into trouble with the SEC in recent weeks.

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Fintech Security Retail Online 123

PYMNTS

JANUARY 14, 2020

In today’s top payments news, China is finalizing its rules for online-only banks, Mastercard names Raj Seshadri as its new president of data and services and Visa buys FinTech startup Plaid for $5.3 FinTech Play, Wrapped In Plaid. China Finalizing Laws For Digital-Only Banking. Visa announced its $5.3 21 in the U.S.

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Data Payments Online Digital Banking 131

PYMNTS

MARCH 2, 2020

Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair, Thought Machine announced on Monday (March 2).

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blockchain Groups America Google 141

PYMNTS

JANUARY 25, 2021

Miami-based FinTech ClassWallet has grown its classroom expense management offering to help with the requirements of custodial and maintenance workers in primary and secondary schools, according to a Monday (Jan. 25) announcement.

Tools 154

Tools Miami Management Resources 154

PYMNTS

MARCH 9, 2020

The company was founded in 2014 as an alternative to other SaaS providers in that it works to support all stakeholders, including traditional High-Street letting agents, landlords and tenants. LocalGlobe was also a previous investor. By contrast, other startups have eschewed physical brick-and-mortar space to focus on the digital world.

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Capital Software Fintech Online 151

PYMNTS

OCTOBER 28, 2019

Founded by the team that created InstaReM in 2014, Nium is used to create a wide range of payment services grouped into three categories: send, spend and receive. Nium is one of the first organizations to partner with Visa’s FinTech Fast Track program in the EU, Australia and the Asia Pacific region. “As

Regional 128

Regional Fintech Payments Strategy 128

PYMNTS

JULY 29, 2020

Enova International plans to acquire online small-business lender OnDeck for some $90 million in cash and stock. This strategic transaction, which brings together two FinTech leaders, is a great opportunity for customers, employees and shareholders of both companies,” Enova CEO David Fisher said in announcing the deal.

Online 165

Online Report Fintech Strategy 165

PYMNTS

OCTOBER 17, 2018

Businesses can also integrate a digital button on their own website to facilitate payment acceptance using the Sberbank Business Online platform. Russia’s annexation of Crimea in 2014 first sparked concerns over European sanctions against the country, including SWIFT’s possible removal of Russia from its platform.

Payments 144

Payments blockchain National Report 144

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 It marked the third time that Ant had a quarterly loss since its unit’s result was disclosed by Alibaba in the early part of 2014. billion yuan ($353 million USD) for the quarter ending Sept.

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Taxes Operations Lending Marketing 134

PYMNTS

JULY 23, 2020

European FinTech payments company myPOS , which works in offering affordable payments to small- to medium-sized businesses (SMBs), has new credit cards that it says will help SMBs in Europe access new benefits, according to a press release. Since its launch in 2014, myPOS has offered the cards for free whenever someone opens an account.

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Cards ATM Payments Fintech 140

PYMNTS

APRIL 18, 2019

The PSD2 -related regulation counts itself among a raft of those set to become law across the continent, focusing on boosting online commerce security by requiring cardholders to provide two forms of identification to verify their identities when transacting. Those under €30 ($33.93

Fraud 148

Fraud Regulation Compliance Online 148

PYMNTS

JULY 27, 2018

A 156-page report by the watchdog found that some customers were subject to poor practices by certain online platforms and that they were provided with unsuitable products and poor treatment. The proposed rule changes come in the wake of a 2016 study of regulations that govern the sector, which dates back to 2014.

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Lending Regulation Fintech Study 102

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding. The Start Path Admissions Process.

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Company Meeting Millennials blockchain 194

PYMNTS

DECEMBER 1, 2020

After launching its first “buy-now-pay-later” product in 2014, the Japanese FinTech has followed up with Paidy 3-Pay. Its initial core offering gave consumers the option to buy online and pay in cash at the end of the month, bowing to the cash-centric custom of the Japanese consumer and their reluctance to put card credentials online.

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Cards Online Payments Tools 168

PYMNTS

OCTOBER 20, 2020

As a disruptor of traditional credit, Afterpay was founded in 2014 to offer its customers interest-free installment plans for online purchases.

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Groups Retail Management Tools 130

PYMNTS

JUNE 21, 2018

Launched in 2014, Robinhood is a minimalist app that lets users set up an an online brokerage account, transfer funds from accounts at major banks (including Chase, Citi and Band of America) and check the prices of their stocks. The talks are not final and no deal has been made.

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Regulation Millennials California Capital 123

PYMNTS

DECEMBER 14, 2018

By some accounts , more than 90 percent of existing data was created after 2014. billion per week in 2014. In this model, an online platform acts as an intermediary by collecting consumers’ data while selling advertising opportunities to marketers. consumers in the coming years. billion per week by 2020, up from £1.7

Payments 180

Payments Regulation Data Security 180

PYMNTS

NOVEMBER 5, 2019

Singapore FinTech startup Nium — formerly branded InstaReM — is dropping its pursuit to compete for a digital wholesale banking license in the city-state, Bloomberg reported on Tuesday (Nov. Nium is one of the first organizations to partner with Visa’s FinTech Fast Track program in the EU, Australia and the Asia Pacific region.

Fintech 101

Fintech Regional Payments Branding 101

PYMNTS

OCTOBER 27, 2019

Founded by the team that created InstaReM in 2014, Nium is used to create a wide range of payment services grouped into three categories: send, spend and receive. Nium is one of the first organizations to partner with Visa’s FinTech Fast Track program in the EU, Australia and the Asia Pacific region. “As

Payments 100

Payments Regional Fintech Strategy 100

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. Dobbie will be in charge of infrastructure and applications that power the U.K.’s

Retail 116

Retail User Experience ATM Security 116

PYMNTS

JULY 15, 2016

Klarna , the Swedish payments company, has just added a new startup to its client roster, announcing on Thursday (July 14) that online fashion company Lyst will now accept payment via Klarna. Lyst runs an online mall and personal shopping service that provides customers with access to a slew of brands. While it has entered the U.S.

Branding 100

Branding Payments Online Retail 100

PYMNTS

JANUARY 26, 2017

One of the first major FinTech deals of the year lands with a bang — and a cross-border one at that. based business are an extension of the position that Ant Financial’s Alipay maintains as China’s leading online payments conduit. Ant Financial Services Group of China is paying $880 million to buy MoneyGram, the U.S.-based The $13.25

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US United States Groups Mobile 100