PYMNTS

AUGUST 11, 2020

Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad. The FinTech has since expanded to offer business banking.

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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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Bank Innovation

MAY 22, 2019

INV Fintech, the sister accelerator to Bank Innovation, today announced the addition of nbkc bank as a member of its ecosystem. Currently in its seventh startup class, INV Fintech fosters innovation through information sharing, interactions and potential collaborations between startups, financial institutions and technology providers.

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PYMNTS

JULY 24, 2020

Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad. Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. It boasts more than 12 million customers. the New York-based settlement platform.

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Bank Innovation

MARCH 7, 2019

Fresh off a $400 million funding led by SoftBank, fintech lender OakNorth is close to establishing its first bank partnership in the U.S., Founded in 2015, OakNorth is a digital-based SME […]. which will also serve as its entry into the country, Bank Innovation has learned.

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Fintech Innovation Operations Capital 186

Chris Skinner

MARCH 22, 2017

I blogged a year ago about TechFin, the incumbents’ view of applying technology to existing banking services, versus FinTech which seeks to transform the financial system. Hence, they invested $680 million in India’s Paytm in September 2015, just before demonitisation stimulated Indians to open 200 million wallets on Paytm.

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PYMNTS

OCTOBER 7, 2016

It appears Manchester may be giving London a run for its money as the next great FinTech sector in the U.K. The city’s FinTech reputation and tech sector are on the rise. Manchester has a proven track record of supporting FinTech investments complemented by a high-caliber of talent,” he continued.

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Bank Innovation

APRIL 14, 2017

According to the investment bank Berkery Noyes, there were 870 financial technology and information industry M&A transactions from the beginning of 2015 through to the end of 2016. The value of those deals, however, has shrunk significantly. The […].

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Fintech Financial Technology Technology Industry 210

PYMNTS

MARCH 31, 2020

FinTech venture capital fund Broadhaven Ventures; U.S. The FinTech has raised $73 million to date to expand its digital banking offerings. Greenspring Associates is a global venture capital investment platform managing assets in excess of $10 billion. Other investors include U.K. growth equity investment firm Greyhound Capital; U.S.

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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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PYMNTS

JULY 21, 2020

A panel established to grow the United Kingdom’s (UK) financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government announced Tuesday (July 21). Much is at stake when it comes to the country’s FinTech businesses. The sector has an estimated worth of 7 billion pounds ($8.9

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Fintech Ohio Financial Technology Innovation 174

Bank Innovation

SEPTEMBER 21, 2018

The fintech last raised funds in a Series B round in 2015. BB&T’s $5 million dollar investment represents the first time that the bank has invested in a fintech company. Data analytics company Enigma celebrated a $95 million dollar Series C raise earlier this week. The […].

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Fintech Analytics Capital Data 170

Chris Skinner

MARCH 1, 2017

I was reflecting on a friend of mine who runs a FinTech start-up. But it gives you an insight into how hard starting a new firm is, FinTech or Tech or any really. How many of those are there in FinTech? America is still big on FinTech. Asia is big on FinTech. billion in 2015 to $783 million last year.

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PYMNTS

AUGUST 10, 2017

Banks and FinTech companies have a complicated history. While traditional banks offer a more established and tested set of products, the offerings of newer FinTech companies — such as real-time data, streamlined payments and quick notifications — are helping these new players encroach on banks’ territories. Why the tension?

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Fintech System Industry Marketing 202

PYMNTS

JANUARY 8, 2021

The FinTech group is reportedly mulling setting aside a significant number of shares for users if it goes public, but it has yet to make any final decisions, according to Bloomberg, who cited unnamed sources. The FinTech was valued at around $11.7 The FinTech offers a brokerage app that is often favored by inexperienced investors.

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Massachusetts Fintech Millennials Retail 363

Bank Innovation

AUGUST 12, 2016

Citi Fintech launched in the fall of 2015 to build the bank of the future, but it has yet to release a product. USAA announced today that Citi Fintech CEO Heather Cox was joining the bank as chief technology and digital officer, a new Read More. Now Citigroup‘s innovation unit has lost its CEO.

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PYMNTS

JANUARY 4, 2017

Canadian financial technology companies backed by venture capitalists reached a level not seen in nearly two decades, despite a slowdown of investment dollars flowing into FinTechs in the U.S. According to a report by Reuters , while FinTechs may not be red hot in the U.S., Reuters reported investments in FinTech in the U.S.

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Fintech Capital Report Financial Technology 159

Bank Innovation

APRIL 18, 2016

We have been trashing the Fintech hype all through 2015, so we are clearly Read More. During a few days in London last week, there was a disconnect between public bullishness and private bearishness. The hype talk on stage contrasted with behind the scenes talk about bubbles and down rounds and layoffs.

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PYMNTS

MARCH 12, 2020

She was promoted numerous times, and from 2015 to 2017 she was the first female technical adviser to Jeff Bezos , Amazon’s founder, chairman and CEO. At SoFi , based in Silicon Valley, Renz will lead the FinTech startup’s credit card, brokerage and bank account businesses, one of the sources told WSJ.

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Bank Innovation

MARCH 24, 2016

Just under 10% of the companies — 15 to be exact — were fintech-related. This is about average for a YC incubator class, with the 26% from Summer 2015 being an Read More. Y Combinator’s Winter 2016 Demo Days just wrapped up, with 159 startups taking the stage and making their play for funding.

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Fintech Meeting Company social media 150

Bank Innovation

NOVEMBER 17, 2016

It’s all their fault that funding for fintechs continued to fall in the third quarter. (We’d We’d also add that the exuberance in the first part of 2015 was making some investors nervous.) Exhibits No. 1 and 2: Brexit. Presidential election. Now that we’ve gotten that out of the Read More.

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Fintech blockchain Capital Management 150

PYMNTS

JANUARY 18, 2021

As part of its international growth plans, British business FinTech company Tide unveiled intentions for an experimental rollout in India in the first quarter of this year with a broader launch to come, Business Standard reported. Tide provides corporate accounts and adjacent banking offerings.

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Fintech Maine Analysis Report 196

Bank Innovation

SEPTEMBER 27, 2016

Fintech is on pace to best venture capital 2015 fundraising by 36% this year as startups focus on transparency and ease-of-use to disrupt the incumbents. Last year, VCs poured $11.9 billion into the sector, Bruce Taragin, managing partner, Blumberg Capital, said at a recent gathering at Columbia Law School in Read More.

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Fintech Capital Management 150

PYMNTS

MARCH 4, 2020

TerraPay, a Dutch FinTech, has been acquired by a number of investors, including Prime Ventures, Partech Africa and management for an undisclosed amount. TerraPay was launched in 2015. TerraPay management said it developed the FinTech company to solve a problem that many countries faced when trying to execute cross-border payments.

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Fintech Mobile Regional Management 168

PYMNTS

NOVEMBER 9, 2020

FinTech Tide withdrew from the program citing inadequate funding, according to a report in The Guardian. . The FinTech lender Tide is scrambling to secure the funding necessary to offer BBL top-ups to its customers. Tide was founded by banker George Bevis in 2015; London venture capitalist Eileen Burbidge serves as the bank's chair.

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Fintech Lending Digital Banking Capital 177

Bank Innovation

SEPTEMBER 30, 2016

Image source The Daily Fintech founders are at SIBOS in Geneva; reporting every day, snippets of insights on the Fintech Genome. We held our breath for nearly 9 months after the $13m Sequoia Capital Seed round for Lemonade was announced at the end of 2015. Stay tuned on all SIBOS Insights conversations. Release Read More.

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Fintech Community Capital Report 150

PYMNTS

JANUARY 14, 2020

Visa, management said on the call, will capitalize on what was termed a FinTech-driven evolution that is currently shaping financial services, as well as growing Visa’s core payments business. In one recent example from late last year, The Clearing House released a template designed to help banks link with FinTech firms, and connect to APIs.

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Fintech Data Payments Capital 157

PYMNTS

OCTOBER 17, 2017

For all of the commotion about Brexit, it appears as though London’s reign over the world of FinTech may be secure — even after the U.K. London will maintain its FinTech influence if this landscape does not change,” said Early Metrics CEO Antoine Baschiera in a statement. FinTech startups in the first half of 2017 alone.

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Fintech Industry New York City New York 159

Bank Innovation

SEPTEMBER 27, 2016

Image source # 6 on our Fintech Predictions for 2016: The strange inversion we saw in 2015, when private companies were valued higher (on paper at least) than public companies, will end in 2016. The headlines will refer to Unicorpses. This is happening now. It is happening in private unless Read More.

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Fintech Company Capital Innovation 150

PYMNTS

MAY 5, 2020

London-based FinTech Revolut is planning to tap the $500 million it got from investors to acquire competing technology firms suffering from the impact of the global coronavirus pandemic. Founded in 2015, Revolut began with a prepaid debit card that enables people to sidestep foreign exchange fees while traveling abroad.

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Fintech Cards cryptocurrency Capital 175

Chris Skinner

FEBRUARY 8, 2017

Innovate Finance, which represents 300 UK fintech companies, says venture capital investment fell from $1.2bn (£970m) in 2015, to $783m last year. There were 1,436 fintech deals globally, attracting $17.4bn in investment, Innovate Finance says, with China outpacing the US for the first time. But globally, investment rose 10.9%.

Fintech 150

Fintech Capital Innovation US 150

Gonzobanker

AUGUST 11, 2020

2020 is the wildest downward ride in the market since 1929, which, one would think, is taking its toll on the fintech ecosystem serving banks and credit unions. And the industry’s two largest fintech providers, FIS and Fiserv, reported organic revenue declines largely due to economic impact to the payments market. It’s one big sandbox.

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Lending Fintech Analytics UX 158

Bobsguide

FEBRUARY 12, 2018

The second installment of our ‘fintechs to watch’ series looks at the exciting world of newcomer fintechs since 2015. These are the companies we’ve come across (and spoken to!) who we think have a fantastic product and proposition as well as the right people and passion to.

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Fintech Company 129

Bank Innovation

JANUARY 12, 2018

Banks across the European Union have been preparing for the revised Payment Service Directive or PSD2 since it was first passed in 2015 by the Council of the European Union. EXCLUSIVE – Major European payments regulation, PSD2 is set to go live tomorrow in Europe. The main objective of this new regulation is to level […].

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Regulation Payments Maine Fintech 337

Bank Innovation

MAY 18, 2016

billion in Q4 of 2015. In the US alone, the unfulfilled small business lending market was estimated to have reached $96.5 That’s a lot of lending mouths going hungry, but also a big pie up for grabs by those smart enough to work out how to actually lend to Read More.

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Lending Fintech US How To 170

PYMNTS

MARCH 6, 2018

s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. According to news from Reuters , a document by the European Commission revealed that the law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards. “An

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Fintech blockchain Maine Guidelines 136

PYMNTS

DECEMBER 2, 2020

Luxembourg regulators have given a thumbs-up to the FinTech PingPong , authorizing it to do business as an Electronic Money Institution (EMI). PingPong was founded in 2015 to enable eCommerce payments as online spending took off. “We The B2B company has offices in New York, San Francisco, Japan, Hong Kong and Hangzhou, China.

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Fintech San Francisco New York California 158