PYMNTS

NOVEMBER 25, 2020

Female FinTech entrepreneurs are getting left out of funding even as record venture capital money is being pumped into startups. percent of FinTech startups with female founders received funding January through October, according to Crunchbase, per a Bloomberg report on Wednesday (Nov. Companies that did get funding received only 0.9

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Fintech New York Innovation Industry 288

PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion.

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Fintech Data User Experience Innovation 308

Bank Innovation

DECEMBER 10, 2019

based growth equity firm, closed its second fintech valued at $375 million this week. The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies. Centana Growth Partners, a New York and Palo Alto, Calif.-based

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Fintech New York Technology Company 293

PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. SMBs can receive a decision on their application within a day and use the funds to bolster working capital.

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PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. In another bank-FinTech tie-up, J.P. Plaid, Galileo Boost ACH Efficiency.

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Fintech Cards Technology Samsung 277

PYMNTS

NOVEMBER 20, 2020

African FinTech Chipper Cash has landed a whale of an investor. Chipper, though, is just the latest African FinTech to attract the attention of investors. African FinTechs attracted $2 billion in venture capital money in 2019, according to Face2Face Africa. And the investments have kept coming in 2020. Stripe, the U.S.-based

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Fintech San Francisco Capital cryptocurrency 332

PYMNTS

JULY 28, 2020

The bank-FinTech collaboration model is often about wielding digital-native FinTech solutions to fit within bank offerings. Yet this week’s look at the latest tie-ups reveals new models of collaboration, including FinTechs expanding their footprint within banking, and wielding banks to fit within their own tech solutions.

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Fintech Lending Digital Banking Technology 279

PYMNTS

OCTOBER 12, 2020

Just months after a fundraising round that left the company's value at $3.5 billion, Berlin-based FinTech N26 is exploring seeking additional investments in calendar 2021, Bloomberg reported Monday (Oct. A spokeswoman for the company said there “are not yet any concrete plans for another funding round at this present moment.”.

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Fintech United States Capital Meeting 268

Bank Innovation

JANUARY 29, 2020

The company has been starting card programs for fintechs including Brex Inc., Mastercard Inc.’s s new initiative to team up with more startups on credit cards is starting to pay off. Revolut Technologies Inc. and TransferWise Inc., and has unveiled programs designed to make it easier for startups to join Mastercard’s network.

Cards 284

Cards Fintech Technology Company 284

PYMNTS

OCTOBER 8, 2020

Also seen in this week’s roundup of the latest in Bank-FinTech innovations was Alacriti teaming with The Clearing House on real-time payments (RTP), while Singapore Banking-as-a-Service (BaaS) startup RootAnt concluded a seed round with $1.46 In addition, Monese adopted Thought Machine’s cloud banking platform.

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Innovation Technology Fintech Payments 301

Payments Dive

AUGUST 29, 2023

The California company extended its presence to a third U.S. city and aims to expand its employee headcount by 40%.

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Austin California Fintech Company 370

PYMNTS

OCTOBER 16, 2020

London's FinTech sector has been going strong this year, even in spite of the pandemic, with $3.6 The pandemic has dealt blows to many markets, but so far, London's FinTech market appears to be coping well, the release stated, with data suggesting that around 95 percent of the U.K.'s s FinTechs have long innovated to meet challenges.

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San Francisco Fintech New York City Data 265

PYMNTS

AUGUST 14, 2020

There’s been no shortage of big payments and FinTech announcements over the past few days, such as Apple ’s bundle bet, Goldman Sachs ’ move to bid on the General Motors credit card or Square ’s decision to test small-dollar, short-term loans. Birnbaum noted that many FinTechs benefited from facilitating the U.S.

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Fintech Apple California Google 300

PYMNTS

OCTOBER 14, 2020

Head Keith Grose and Innovate Finance CEO Charlotte Crosswell told Karen Webster as part of a recent PYMNTS TV session on London’s FinTech environment, in partnership with London & Partners, the official international trade, investment and promotion agency for London. It was an obvious choice for [Plaid] to be in, honestly,” Grose said.

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Fintech Industry Innovation Charlotte 258

Accenture: Banking

OCTOBER 14, 2024

This change presents a significant opportunity for banks, fintech companies and retailers to establish themselves on equal footing with Apple Pay, a… The post Unlocking Apple’s NFC: Is it time for your banking app to become a full digital wallet?

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Apple Innovation Retail Fintech 195

PYMNTS

DECEMBER 20, 2020

Chinese officials may limit the number of financial institutions to which any single FinTech platform may connect, Reuters reported, citing coverage by state media. Jiwei also said FinTech companies should not be allowed to become so dominant that they consume nearly all the business in a sector or are "too big to fail," according to Reuters.

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Fintech Groups Conference Regulation 256

PYMNTS

NOVEMBER 23, 2020

Visa has wrapped up its acquisition of Latin American FinTech YellowPepper , the first deal of its kind by the financial giant in the region. In an announcement of completion of the deal, Visa said it will accelerate the global payments and credit card company’s “network of networks” strategy.

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Fintech Regional Strategy Security 332

PYMNTS

NOVEMBER 5, 2020

Small business Banking-as-a-Service rises to the top in this week's roundup of the latest bank-FinTech collaborations and open banking initiatives. Two SMB BaaS companies secured new funding, while FinTech Wise says it is ushering in a new definition of open banking with its embedded banking functionality. BizCapital.

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Fintech Lending Software Security 258

PYMNTS

NOVEMBER 17, 2020

Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. The technology heightens visibility of funds as they flow through procure-to-pay and order-to-cash cycles, the company noted in its announcement.

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Fintech Lending Alabama Software 247

PYMNTS

SEPTEMBER 22, 2020

This week's look at the latest in open banking initiatives shows creativity in how FinTechs, credit unions (CUs) and banks wield data integrations for the benefit of corporate end users, from streamlined credit underwriting to automated expense management. The company, founded by U.K. Acumatica Links Its ERP Into Bank Data.

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Fintech Cards Capital Management 277

PYMNTS

NOVEMBER 12, 2020

Consumers’ desire to go contactless or cardless during the pandemic presents plenty of opportunities for FinTechs, banks and other card issuers to bring innovative credit solutions to market, but such investments much be approached strategically. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

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Innovation Report Fintech Payments 300

PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. The Outsourced FinTech Opportunity. For a consumer-facing retailer, these workflows can be unfamiliar and add a flood of friction into the sales process.

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Innovation Fintech Cards Payments 297

PYMNTS

MARCH 20, 2020

Banking technology FinTech Finastra was hit with a security breach on Friday (March 20), and was forced to shutter key systems and send employees home, according to a report by KrebsonSecurity. The company is based in London and has offices in 42 countries around the world, with 10,000 employees on its workforce.

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Fintech Security America Course 276

PYMNTS

NOVEMBER 24, 2020

FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. Bloomberg noted that the company has been taking advantage of the eCommerce interest, starting its own card-issuing service for U.S. Stripe's software is used by businesses to accept payments.

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Fintech Software Payments Capital 294

Payments Dive

JULY 13, 2022

Fintech companies raised $20.4 billion over 1,225 deals in the quarter, the lowest number of deals and funding since the fourth quarter of 2020.

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Fintech Company 221

PYMNTS

DECEMBER 18, 2020

and special purpose acquisition company (SPAC) FinServ Acquisition Corp. The deal, which shows a roughly $1 billion implied pro forma combined enterprise value for the company, is anticipated to close in the first half of next year. Katapult Holding, Inc. said on Friday (Dec. 18) that they have entered into a definitive merger deal.

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Fintech New York Company Security 322

Payments Dive

NOVEMBER 2, 2023

The new payment rail allows fintech clients to move money between banks in milliseconds, the software company’s CEO said in an interview.

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Payments Software Fintech Company 437

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). The new appointment is one of several N26 made in the last six months as the company strategizes for its next phase of growth. Its most recent valuation was $3.5

Fintech 254

Fintech Operations Tools Capital 254

Payments Dive

JUNE 12, 2023

Restaurant point-of-sale company Toast has partnered with commerce fintech FreedomPay to pursue larger customers, such as Starbucks and Shake Shack.

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Fintech Company 433

Payments Dive

OCTOBER 12, 2023

The deal will enhance NMI’s underwriting capabilities and allow ISVs and fintechs to create merchant accounts within the company’s existing platform, NMI said.

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Fintech Company 435

PYMNTS

JANUARY 31, 2021

FinTLV , a Tel Aviv-based fund that specializes in FinTech and InsurTech companies in their “growth stage” phases, announced in a press release that it has closed a new $120 million fund, FinTLV II. The leading InsurTech companies drive this revolution. The revenue of the U.S.

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Fintech Capital Industry Meeting 253

Payments Dive

JUNE 21, 2023

Canadian e-commerce company Shopify is upgrading its integration with Dutch fintech Adyen in an effort to serve larger merchants in North America, and on the international stage.

America 418

America Fintech Company 418

Payments Dive

NOVEMBER 8, 2023

The restaurant fintech noticed “a modest slowdown” in same-store sales in the latter half of the third quarter that continued into October, the company’s CFO said Tuesday.

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Fintech Company 417

Payments Dive

MAY 2, 2023

The company that provides community banks with payments, fintech and other services is gunning for growth with new private equity capital.

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Community Bank Community Capital Fintech 397

Payments Dive

MARCH 14, 2022

In a rare TV appearance, the director of the Consumer Financial Protection Bureau said that the payments industry isn't competitive enough and that fee hikes by the big card companies would add "insult to injury" at a time of inflation. He noted new fintech tools could ultimately be a benefit if they add competition.

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Cards Tools Fintech Industry 435

Payments Dive

JANUARY 4, 2024

Fintech trade groups asked the Consumer Financial Protection Bureau to extend the comment period on a proposal formalizing its oversight of big tech companies’ digital wallets.

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Groups Fintech Company 394

Payments Dive

JULY 15, 2022

The company told employees Friday that its internal share price had fallen 27% to $29 from $40, The Wall Street Journal reported, citing unnamed sources.

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Fintech Report Company 284