PYMNTS

JANUARY 12, 2021

German food delivery platform Delivery Hero is launching its own early-stage venture capital (VC) firm — DX Ventures — that will be managed independently to focus on advancing founder-led startups. The company replaced payments firm Wirecard, which in 2018 took Commerzbank’s spot on the index. 12) press release. “We

Capital 151

Capital America Strategy Management 151

PYMNTS

AUGUST 3, 2020

DayTek Capital , an Australian challenger bank known for its prepaid “Infinity” card, has been granted a banking license by the country’s Securities and Investments Commission, a report from AltFi says. In 2018, Volt was the first neobank to get a RADI, the report notes. Banks emigrated from the U.K. to do so. .”

Capital 154

Capital ATM Analytics Report 154

BankUnderground

JUNE 8, 2022

There is a lively debate about whether and how capital regulations for banks and insurers should be adjusted in response to climate change. Incorporating climate-related risks into the capital regime will require a reliable methodology to measure these risks. Marco Bardoscia, Benjamin Guin and Misa Tanaka.

Capital 131

Capital Policies Tools Regulation 131

PYMNTS

DECEMBER 28, 2020

The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. We see institutional capital come into the crypto space with the expectation of banking integrations to complement crypto credit offerings,” CEO Darshan Bathija said in a statement, according to CoinDesk.

Capital 175

Capital Security cryptocurrency Fraud 175

PYMNTS

JANUARY 6, 2020

A “capital winter” — a significant funding slowdown and drop in fundraising activities — is bearing down on China, vexed by political strife and economic uncertainty. The tech closures come as a funding shortage has investors wrestling with the end of a venture capital (VC) boom. . billion ($2.5 billion) from investors.

Capital 132

Capital Regulation Company Report 132

PYMNTS

MAY 27, 2020

Amazon is in talks to buy self-driving car startup Zoox in a move that would advance the eCommerce giant’s reach in autonomous vehicle technology, according to a Tuesday (May 26) report in the Wall Street Journal (WSJ), citing sources familiar with the matter. In a 2018 funding round, Zoox was valued at $3.2 We believe $1.1

Las Vegas 245

Las Vegas San Francisco Technology Innovation 245

PYMNTS

JUNE 22, 2020

Cedar, a provider of technology focused on fostering smooth financial interactions between healthcare providers and patients, announced $102 million in new venture capital funding and a new business relationship with a provider network on Monday (June 22). In addition to $77 million in venture capital from the Menlo Park, Calif.-based

South Carolina 228

South Carolina North Carolina New York City New York 228

PYMNTS

AUGUST 11, 2020

million in 2018 — according to CNBC. Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. The company’s revenues actually tripled last year, increasing 180 percent to £162.7 ($213 million) from 2018. The company posted a total loss of $139.6 million (£106.5

San Francisco 239

San Francisco Fintech Digital Banking California 239

PYMNTS

DECEMBER 8, 2020

"Working with leading brands such as Honda and Acura has been our vision since launching five years ago, and we cannot wait to show more dealers and brands the power of Modal's e-commerce design and technology.".

Oklahoma 253

Oklahoma Branding Tools Online 253

PYMNTS

JANUARY 29, 2019

Financial technology startups were able to raise $39.57 What’s more, a $14 billion investment in Ant Financial represented 35 percent of the total funding in 2018. The report noted that in the fourth quarter of 2018 five companies became unicorns, which happens when a startup has a valuation of more than $1 billion.

Fintech 184

Fintech Capital Report Financial Technology 184

PYMNTS

JANUARY 8, 2020

Israel’s technology sector had a banner year in 2019, raising $8.3 billion in 522 deals, a 30 percent growth over 2018, ZAG law firm announced Tuesday (Jan. 2019 marked a record year, capping a decade of successive increases in capital invested in the Israeli high-tech industry,” said Shmulik Zysman, ZAG founding partner.

Capital 160

Capital Trends Maine Technology 160

Accenture: Banking

AUGUST 20, 2019

According to Worldpay’s 2018 Global Payment Report, mobile payments usage globally will grow to 28 percent in 2022 ¹. The added expense of moving from enabling payments to monetizing payments is minimal; it may include some additional processing expenses, technology updates and relationship management resources. 1 Worldpay.

Software 150

Software Capital Payments Analysis 150

PYMNTS

MAY 3, 2020

American technology giant Intel has acquired Israel’s public transit app Moovit for $1 billion. Founded in 2012, Moovit — based in the Israel town of Ness Ziona — has raised $133 million led by BRM Capital, Hanako, BMW iVentures, Sequoia Capital Israel and Vintage Investments Capital.

Data 188

Data Analytics Capital Strategy 188

PYMNTS

OCTOBER 5, 2018

One of the new realities of augmented reality is this: the technology is attracting more investment from China than from sources in North America. According Digi-Capital , which tracks AR investments, China-based funding for augmented reality and computer vision technologies hit $3.9 Investment Shift.

Apple 197

Apple Capital Colorado America 197

PYMNTS

FEBRUARY 14, 2020

STC Pay, which does financial technology work for both companies and individuals, works with the Saudi Arabian Monetary Agency. Its digital wallet was introduced in October of 2018, enabling users to do things like pay bills, send money internationally and share or transfer money with people they know.

Regional 222

Regional Google Financial Technology Capital 222

PYMNTS

JUNE 24, 2020

Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based Since COVID-19, non-bank lenders have been hurting as capital markets became less available and retail investors tried to withdraw their cash from the P2P sector, the Times reported. Capital One was one of the earlier disrupters,” Janardana said.

Security 215

Security Capital Cards Report 215

Bank Innovation

MARCH 16, 2018

EXCLUSIVE—The legacy infrastructure of most banks leaves something to be desired, and payments technology provider Baton Systems wants to use the cloud, APIs, and distributed ledger technology to help.

System 186

System Financial Technology Technology Innovation 186

PYMNTS

MARCH 26, 2019

In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. FinTech funding reached its highest level in five years in 2018, according to CB Insights data published last month, hitting $11.89 Further, GLI Finance revealed a $25.93

Lending 190

Lending Capital Fintech Security 190

PYMNTS

MAY 8, 2019

The attacks occurred between May and October of 2018. In a court filing, Amazon said it was still trying to figure out how the hackers got access to the accounts, but thinks the assailants somehow changed account details on the Seller Central platform to their own accounts at Barclays and Prepay Technologies.

Fraud 248

Fraud Capital Report Data 248

Bank Innovation

MAY 28, 2018

Voice banking has been touted as the technology to watch in 2018 (even on this very site), but two developments this week show the new technology has significant challenges to overcome. Whether or not consumers choose to engage in "voice banking," the risks are growing.

Technology 199

Technology Capital Online Security 199

PYMNTS

MARCH 29, 2019

New research from UBS points to the largest spenders on bank technology: JPMorgan and Bank of America. banks’ technology budgets and explores which institutions are spending the most on innovation, using transcripts from conference calls, internal bank data released by the institutions and data from FactSet to reach its conclusions.

US 181

US America Technology Conference 181

PYMNTS

FEBRUARY 12, 2019

But in 2017, the company took in capital at a valuation of $1.25 In an interview with the paper in 2018, Peloton Co-founder and Chief Executive John Foley noted that this year “makes a lot of sense” for an IPO. Uber Technologies Inc. and Slack Technology Inc.

Exercises 211

Exercises New York Report Capital 211

PYMNTS

APRIL 14, 2020

Venture capital funding is starting to bounce back in China after the coronavirus triggered a slowdown in what was already a stagnant climate for startups, according to a report in the Financial Times on Monday (April 13). Health and technology startups notched $1.1 billion from Qiming Ventures Partners.

Capital 166

Capital Data Meeting Technology 166

PYMNTS

FEBRUARY 15, 2019

Following the unveiling of its electric vehicle concepts in 2018, Rivian Automotive LLC has notched a $700 million equity investment led by Amazon. The news comes as self-driving car technology company Aurora notched upwards of $530 million in a Series B financing round led by Sequoia Capital, with a large investment from T.

Los Angeles 164

Los Angeles San Francisco Michigan Capital 164

PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. million in new funding for its technology targeting small businesses in the U.K. Digital Risks’ first Series A round closed in 2018.) Digital Risks. InsurTech company Digital Risks announced $10.4

Fintech 175

Fintech Capital Lending Report 175

PYMNTS

FEBRUARY 7, 2019

Aurora, a self-driving car technology company, has raised upwards of $530 million in a series B financing round led by Sequoia Capital, with a large investment from Amazon and T. Rowe Price Associates, according to reports.

San Francisco 170

San Francisco Capital Software Technology 170

PYMNTS

AUGUST 12, 2020

AscendantFX Capital , which works in technology-based payment innovations, has joined the SWIFT Network for the benefits it offers, including better transparency and faster payments, the company announced in a Wednesday (Aug. SWIFT gpi’s technology is revolutionary for the payments industry and gives power back to the customer.”

Innovation 193

Innovation Capital Payments Data 193

PYMNTS

SEPTEMBER 8, 2020

The alliance will reportedly result in a digital technology that offers wholesaler access to credit and completely digitized marketing campaigns. The group will also harness the mobile technology of N-Frnds to more effectively communicate future promotional efforts involving wholesalers and suppliers. The ADB approximated a $1.5

Capital 199

Capital Groups Innovation Technology 199

PYMNTS

SEPTEMBER 16, 2020

Global payments network Veem has closed a funding round with $31 million in new capital, a press release says. Truist Ventures, the corporate venture capital division of Truist Financial Corporation , the country's sixth largest commercial bank, led the round. and China, which had resulted in a 57 percent drop in payment size from U.S.-to-China

blockchain 153

blockchain Capital Technology Payments 153

PYMNTS

NOVEMBER 3, 2020

Competitors in the space include Kargo Technologies , backed by former CEO of Uber, Travis Kalanick. Sequoia Capital and Kalanick participated in a $7.6 Other investors include China’s Zhenfund; Indonesia’s Intudo Ventures from Indonesia; North Star hedge fund group Co-Founder Patrick Walujo; and ATM Capital.

ATM 172

ATM Capital Meeting Technology 172

Bank Innovation

MARCH 1, 2019

Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor. This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

SEPTEMBER 29, 2020

If the deal is signed, it would represent India’s largest retail space ever, eclipsing Walmart’s 2018 purchase of a 66 percent stake in Flipkart for $16 billion. . In May, Tata Capital, a division of Tata Group, introduced a mobile app that promised a better user experience for getting loans. On Monday (Sept.

Groups 199

Groups User Experience Capital Retail 199

PYMNTS

NOVEMBER 17, 2020

Embedded finance, the release noted, refers to the integration of financial service technologies with other provider solutions. The method will grow tenfold in the next five years, the release stated, citing a Lightyear Capital analysis, as businesses look for ways to access simple, transparent business solutions.

Tools 167

Tools Capital Analysis Data 167

PYMNTS

SEPTEMBER 8, 2020

Virtual Kitchen , a startup founded by ex- Uber employees, has raised $20 million in fresh capital in a bid to capitalize on the need for food delivery amid the pandemic, according to CNBC. Virtual Kitchen works to provide technology for others to set up commercial kitchens for food delivery. billion by 2026, CNBC reported.

Capital 163

Capital Report Data Branding 163

Bank Innovation

DECEMBER 19, 2017

Insurtech Lemonade has raised $120 million in new funding for its mobile insurance platform, led by Japanese technology investment firm Softbank, the startup announced today.

Mobile 186

Mobile Technology Capital 186

PYMNTS

JULY 10, 2020

The company said it will use the proceeds of its stock sale to purchase additional office buildings, and may also use a portion to acquire, invest in or obtain rights to complementary technologies, products, services or businesses. percent of total revenues) in fiscal 2018, representing a 64.7 million, or 74.7 million (70.4

North Carolina 197

North Carolina Software Compliance Security 197

PYMNTS

JULY 25, 2019

Amazon Prime Day , which was earlier this month, brought out waves of fraudsters trying to capitalize on the barrage of promotional emails related to the shopping event. The latest Digital Fraud Tracker explores why fraudsters are still relying on phishing as a major strategy even as they increase their use of new technologies and techniques.

Fraud 172

Fraud Analytics Security Data 172