PYMNTS

SEPTEMBER 6, 2019

But it was a Singapore startup building out a holistic suite of small business financial services that landed the largest round this week, by far. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

FEBRUARY 19, 2019

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. Mexico has a lot of the key ingredients to succeed, but it’s not plug and play,” said Monica Brand Engel, a partner at Quona Capital, in an interview with the newswire.

Fintech 173

Fintech System Mobile Payments 173

PYMNTS

OCTOBER 4, 2016

The company doesn’t operate the secondary market itself but outsources to FOLIOfn, which is operated and maintained by FOLIOfn Investments, which is a registered broker dealer. Specifically, the capital would improve funding sources. Media reports said the privately held U.S.

Marketing 170

Marketing Lending Operations Financial Technology 170

PYMNTS

FEBRUARY 23, 2020

Aside from TurboTax, Intuit is known for its QuickBooks service, used by businesses, and Mint, an online budgeting platform that pitches people financial products as well. If the deal goes forward, Credit Karma would still operate as an independent entity, and its chief executive Kenneth Lin would remain in charge.

Report 180

Report Taxes Online Financial Technology 180

PYMNTS

JANUARY 15, 2019

Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. million investment with Intel Capital in InContext Solutions, a firm targeting retailers with shopper engagement technologies. and U.S.,

Security 143

Security US Payments Big Data 143

PYMNTS

OCTOBER 22, 2018

financial technology startup backed by Goldman Sachs , is expanding overseas. We have invested an enormous amount of resources in tech and operations, and have been quietly building a presence there,” Gardner said. than the startups operating out of the U.S. Marqeta , a U.S. as the first European country to enter.

Las Vegas 142

Las Vegas Cards Conference Capital 142

Bobsguide

MARCH 21, 2022

Devoted to continuous advanced technology research and product innovation, CompatibL is proud to be recognized as one of the world’s best providers of risk management solutions, advanced analytics, and model validation services that help capital markets organizations better understand and reduce financial risks.”.

Innovation 147

Innovation Technology Risk Management Analytics 147

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. The fear of non-payment, in particular, tends to be the smaller merchants’ worst nightmare.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

NOVEMBER 12, 2020

This week, Visa revealed the rollout of its Visa Fintech Partner Connect initiative in Europe, an effort aimed to connect FIs and merchants with a range of new financial technologies and capabilities via FinTech partners. Visa Launches FinTech Collaboration Initiative In Europe.

Fintech 220

Fintech User Experience System Data 220

PYMNTS

SEPTEMBER 16, 2020

The solution comes on top of the technology firm’s array of offerings to bolster the GST compliance experience for companies in the country, according to a Wednesday (Sept. The nation isn’t the first to implement an eInvoice requirement as part of more widespread initiatives to cut reduce financial crime. 16) announcement.

Taxes 163

Taxes Compliance Software Resources 163

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. billion in post-program capital and collaborate with Mastercard, major banks, merchants and other high-profile organizations,” Mastercard said.

Fintech 163

Fintech Innovation cryptocurrency blockchain 163

PYMNTS

APRIL 9, 2020

Below, PYMNTS looks at some of the other payments and financial technology companies that are either innovating on top of existing rails or looking to bypass those legacy networks altogether with entirely new solutions. Sila Raises Funding to Nix ACH. The company recently announced $7.7 Billhop Eases B2B Card Acceptance.

Fintech 209

Fintech Payments Oregon Cards 209

PYMNTS

DECEMBER 14, 2018

million in venture capital funding from Goldman Sachs , JPMorgan Chase , Citigroup and Credit Suisse. These errors are usually handled manually through numerous phone calls and emails between firms, but the startup’s technology aims to reduce the time and resources needed by helping FIs communicate with each other.

Fintech 135

Fintech Resources Capital Financial Technology 135

PYMNTS

JANUARY 21, 2020

Qonto is operational in Spain, France, Italy and Germany, and handled €10 billion ($11.08 It also plans to hire more employees with the capital. Challenger banks have been an attractive industry for venture capital activity, as firms continue to pop up and try to disrupt the status quo. million.

Capital 131

Capital Digital Banking Compliance Mobile 131

PYMNTS

MAY 17, 2019

Barclays also participated in the round, as did existing investors such as Bain Capital Ventures, Pivot Investment Partners and JPMorgan Chase & Co., It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones.

Software 134

Software New York Risk Management System 134

PYMNTS

FEBRUARY 14, 2018

The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. Its units include Distribution Finance Capital, Satago and Oxygen Finance, while it also owns a minority stake in peer-to-peer (P2P) lender Zopa. reports noted.

Lending 122

Lending Capital Groups Financial Technology 122

Bank Innovation

MARCH 1, 2019

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

Fintech 170

Fintech Financial Technology Technology Operations 170

Bank Innovation

AUGUST 1, 2018

Zelle made a difference to the bottom line of financial technology provider Fiserv, the company reported on its earnings call yesterday. It was also noted that several banks — Fiserv serves some 13,000 financial institutions — saw a boost in transactions due […].

Financial Technology 170

Financial Technology Technology Report Company 170

PYMNTS

OCTOBER 29, 2018

The two dominate their local markets and are operating in regulated industries, two characteristics the famed investment firm typically looks for when making investments. The investments in the mobile payment companies also underscore the fact that the financial technology industry is starting to mature.

Fintech 139

Fintech Capital Financial Technology Industry 139

PYMNTS

NOVEMBER 23, 2020

Amid the market uncertainty of the pandemic, small business owners often have to do more with less, and they're expecting the financial technology solutions they use to do the same. The way entrepreneurs are managing their businesses — and their businesses' finances — is changing, with complexities and pain points multiplying.

Mobile 265

Mobile Payments Trends Tools 265

Bank Innovation

APRIL 17, 2019

Having a "frictionless" user experience (UX) is among the top three qualities that bank customers look for when picking a new bank, right after "security" and "trustworthiness," according to a new report by financial technology provider, FIS.

User Experience 170

User Experience UX Report Financial Technology 170

PYMNTS

OCTOBER 14, 2020

Mediterra Capital is expanding its portfolio with a big new investment that will give the top Turkish private equity firm a stake in the country’s fast-growing digital payments sector. Launched in 2001, PayCore notes that more than a million POS terminals in Turkey operate with software developed and provided by the company.

Payments 141

Payments Software Study Cards 141

PYMNTS

MAY 29, 2018

Rocket Internet , the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports Reuters. Rocket CEO Samwer did note that Jumia, which is still losing money, may need to raise capital during the next two years.

Fintech 122

Fintech Groups Capital America 122

PYMNTS

AUGUST 3, 2018

Digital Currency Group, INBlockchain and Blockwater Capital. Additional investors also included Global Blockchain Innovative Capital, AlphaBlock Capital and AlphaCoin Fund. With the fresh funding, Logos Network will focus on speed, cost, volume and security with its business payments technology. Judo Capital.

Fintech 104

Fintech Capital blockchain Security 104

PYMNTS

MARCH 13, 2019

Naspers, Africa’s largest company based on market value, is gearing up to spend $1 billion in India in the form of investments focused on the financial technology market. Tencent also operates WeChat, the wildly popular messaging app. The startups raised the capital in 924 rounds. In 2017 Indian startups raised $10.4

Fintech 123

Fintech Capital Online Financial Technology 123

PYMNTS

JUNE 3, 2020

. “For years, we’ve heard from banks that they are looking to streamline their trade finance business, improve their client experience and better respond to their clients’ needs in the working capital space,” he said. RevoluPAY Secures PSD2 License. Solution Finder Links Banks To Finserv.

Fintech 171

Fintech Tools Technology Meeting 171

PYMNTS

JANUARY 7, 2021

Creation of the new unit would be part of a much larger overhaul of the financial technology company and subject to approval by Chinese authorities, who pulled the plug on the company’s massive initial public offering late last year, according to Bloomberg.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

NOVEMBER 21, 2019

“The young demographic in India give[s] an edge to adopt and build on new financial technologies, and I believe this will play a vital role in making India a global blockchain innovation center to also spur cryptocurrency adoption throughout the larger public in the country,” said CEO Changpeng Zhao of Binance in a press release.

Bitcoin 130

Bitcoin blockchain Report Payments 130

Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

Fintech 150

Fintech Financial Technology Trends Technology 150

Bank Innovation

APRIL 8, 2019

The new funds would be used to finance the expansion of the Tel Aviv-based financial technology firm, the people said, who asked for anonymity as the matter […].

Fraud 150

Fraud Financial Technology Online Technology 150

PYMNTS

DECEMBER 11, 2019

We had to deal with credit and trust issues very quickly,” he said, echoing other FinTech leaders and entrepreneurs who operate in the Middle East and in the Gulf countries. “We offers a recent example of how those P2P lending trends are playing out, and the challenges some operators might face down the road. But that’s not all. “We

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

OCTOBER 2, 2019

While its market capitalization is more than 30 times smaller than bitcoin, Tether’s volume has consistently exceeded it since early August at about $21 billion per day. “If investors must comply with the securities laws, irrespective of the industry they operate in or the labels they place on the investment products they offer.”.

Bitcoin 141

Bitcoin San Diego cryptocurrency Security 141

PYMNTS

JANUARY 17, 2020

Global Blue Acquisition Capitalizes On Consumer X-Border Spend. Far Point Acquisition — which focuses on financial technology deals —said it would buy Global Blue, a payments company based in Switzerland, for $2.6 Check fraud has spiked from $8.5 billion in 2016 to $15.1

Marketing 130

Marketing Fraud Payments Apple 130

PYMNTS

APRIL 7, 2020

For Bottomline Technologies , the opportunity emerged with Friday’s launch of the $350 billion Paycheck Protection Program (PPP) under the CARES Act. As businesses establish new operational routines, there is an opportunity for firms to take an introspective moment and consider whether they may be in a position to help in some way, too.

Fintech 166

Fintech Technology Operations Company 166

PYMNTS

JULY 28, 2016

Financial services company Enova has a new chief financial officer, and he is reportedly looking to take the company in a new direction. The financial technology and data analytics firm has traditionally focused on the consumer finance space in its lending operations.

Analytics 100

Analytics Lending Data Customer Experience 100

PYMNTS

OCTOBER 18, 2019

million for its technology that connects companies in the grocery, convenience, health food and artisanal market industry with a B2B eCommerce platform. Mable operates a portal for retailers to procure goods from a range of suppliers and wholesalers — to support product discovering, ordering, inventory management and financing options.

Analytics 101

Analytics Capital Fintech Technology 101