PYMNTS

NOVEMBER 20, 2020

African FinTech Chipper Cash has landed a whale of an investor. million Series A round in July that featured Deciens and Raptor Group. 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.

Fintech 332

Fintech San Francisco Capital cryptocurrency 332

PYMNTS

DECEMBER 20, 2020

Alibaba billionaire Jack Ma told Chinese regulators in November that he would give portions of Ant Group , the FinTech he founded, to the country's government in what so far has appeared to be an unsuccessful effort to make peace with authorities in the country, The Wall Street Journal (WSJ) reported.

Groups 278

Groups Report Regulation Meeting 278

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

Fintech 288

Fintech New York Innovation Industry 288

PYMNTS

DECEMBER 23, 2020

In the wake of the collapse of its initial public offering of stock (IPO), China’s Ant Group is scaling back the borrowing limits for some of the young users of Huabei. That arm of the financial technology (FinTech) giant offers a virtual credit card. Chinese regulators are looking to strengthen the rules for FinTechs.

Groups 242

Groups Cards Regulation Fintech 242

Chris Skinner

JUNE 30, 2016

I was piqued by Victor Matarranz’s [SEVP Head of Group Strategy and Chairman’s Office, Banco Santander] presentation at MoneyConf last week, mainly because he began by talking about Fintech 1.0 versus Fintech 2.0. Fintech 1.0

Fintech 292

Fintech Maine Strategy Groups 292

Perficient

JULY 11, 2022

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. Fintech enthusiasts should also keep a close watch on Apple’s newly unveiled BNPL system, Apple Pay Later. According to Kristen E.

Fintech 474

Fintech Trends Apple South Dakota 474

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.

Fintech 308

Fintech Data User Experience Innovation 308

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.

Fintech 256

Fintech Groups Conference Regulation 256

Bank Innovation

FEBRUARY 1, 2018

The Alibaba Group will take a 33% equity stake in Ant Financial, it’s affiliate fintech company that operates popular mobile payments service Alipay, the group announced today.

Fintech 247

Fintech Groups Mobile Operations 247

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.

Innovation 301

Innovation Technology Fintech Payments 301

Bank Innovation

FEBRUARY 16, 2018

EXCLUSIVE — If there’s any question that digital mortgage firms are gaining attention from larger fintech players and investors, then look no further than venture capital firm Santander InnoVentures‘ investment in Roostify, a startup that digitalizes the mortgage application process.

Fintech 246

Fintech Capital Groups Lending 246

Bank Innovation

FEBRUARY 16, 2020

We’re trying to address [pain points] with a fintech startup mentality and a very convenient […]. MoneyGram is upgrading its digital capabilities beyond international cash pickup services with FastSend, a new feature that allows customers to send money to recipients’ accounts via mobile phone numbers instead of account numbers.

Fintech 329

Fintech Payments Mobile Groups 329

Payments Dive

AUGUST 30, 2024

The digital payments pioneer expects the fintech to capitalize on the rise of buy now, pay later services in the country.

Groups 244

Groups Capital Fintech Payments 244

PYMNTS

OCTOBER 12, 2020

FinTech company Ant Group continues to press toward having the biggest initial public offering (IPO) ever, with returns at an estimated $35 billion. Ant Group is the online payment affiliate of China-based Alibaba Group Holding. Ant Group gets most of its revenue from consumer loans made on the Alipay payments app.

Groups 205

Groups Operations Online Fintech 205

Bank Innovation

JUNE 20, 2019

The road to growth for consumer fintech companies is taking a platform-based route, with single-offering companies increasingly taking on a family of additional services to lock in customers. Founded in 2010, London- and New York-based venture firm Anthemis Group focuses on early-stage and Series A fintech investments.

Fintech 253

Fintech New York Capital Groups 253

PYMNTS

OCTOBER 30, 2020

Ant Group indicated on Thursday (Oct. Individual investors in Hong Kong have rushed to purchase into the initial public offering (IPO), as they wager that Ant Group will spike in value following its public debut on Thursday (Nov. Some of the leading investors put half a billion each into Ant Group.

Groups 223

Groups Retail Report Fintech 223

PYMNTS

JANUARY 14, 2021

Southeast Asian FinTech Grab Financial Group announced in a press release that it has raised $300 million in a Series A funding round. Grab Financial Group had a productive 2020 in which it managed to increase total revenue by 40 percent.

Groups 204

Groups Regional Fintech Management 204

Bank Innovation

NOVEMBER 3, 2017

The biggest threat for the banking sector is not fintechs. No, according to a recent report by McKinsey, that would be non-banking companies such as Amazon and Alibaba. The report refers to these companies as “platform companies” and calls them the “new heavyweight competitor(s) in town,” for the banking sector.

Fintech 333

Fintech Report Company Groups 333

Bank Innovation

APRIL 9, 2018

EXCLUSIVE – Interested in the latest trends in payments, digital banking, blockchain technology, API, security, big data and all the other hot topics in the fintech space? Come join Bank Innovation’s Telegram Group.

Innovation 360

Innovation Big Data blockchain Trends 360

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.

Fintech 258

Fintech Industry Innovation Charlotte 258

Bank Innovation

JANUARY 17, 2018

Under the heading ‘SC Ventures,’ the unit will focus on the bank’s existing “minority investments in fintech,” as reported by Reuters, while also searching for new fintech investments. The bank’s current fintech investments include companies such as […].

Fintech 249

Fintech Financial Technology Innovation Report 249

Bank Innovation

APRIL 17, 2017

Another strong opportunity for Fintech identified is to help that large percentage of the population who are not necessarily financially unwell but perhaps not as strong as they should be. Special thanks to our wonderful hosts Claire Calmejane , Caroline Stretton and Sarah Kenrick of LBG Innovation Lab for making this event happen!

Fintech 268

Fintech Innovation Survey US 268

PYMNTS

NOVEMBER 20, 2020

What’s next for Ant Group – and by extension, Jack Ma? . In China, the battle of the regulators versus FinTech behemoth has seemingly been joined. . Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

Groups 236

Groups Regulation Policies Meeting 236

Payments Dive

SEPTEMBER 18, 2018

Networld Media Group, publisher of ATM Marketplace, Mobile Payments Today and World of Money, presented four awards on the evening of Thursday, Sept. 13, during a banquet held as part of the 6th annual Bank Customer Experience Summit in Chicago.

Customer Experience 296

Customer Experience Chicago Innovation ATM 296

PYMNTS

OCTOBER 22, 2020

Ant Group has won the nod from China's top security regulators for its Shanghai offering, the last hurdle to clear for the $35 billion dual listing, Reuters reports. Ant, the FinTech backed by China's Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai in the next few weeks, according to sources quoted by Reuters.

Groups 175

Groups Capital Fintech Regulation 175

Payments Source

MARCH 10, 2021

The Arizona Fintech Council, an organization of banks, economic and technology groups, will encourage collaboration and access to the state's regulatory sandbox to promote a version of Europe's open banking policy in the U.S.

Arizona 179

Arizona Groups Policies Fintech 179

PYMNTS

JULY 17, 2020

FinTech funding had already seen a dip in Q1 this year, but the pandemic may be further suppressing investor appetite. A new report provided by Buy Shares found global FinTech funding was less than $4 billion during Q2, compared to about $5.8 billion raised in the Q1, according to Forrester. Privacy.com.

Fintech 225

Fintech Capital Fraud Cards 225

PYMNTS

DECEMBER 2, 2020

China’s Ant Group, which owns the widely used Alipay payments app, is looking at selling its 30 percent stake in India’s Paytm as friction between the two countries grows, sources told Reuters. Reuters said Paytm, which is partly backed by Japan’s SoftBank Group Corp., Like Alipay, Paytm is a digital payments platform.

Groups 179

Groups Report Regulation Fintech 179

Gonzobanker

DECEMBER 8, 2021

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

Fintech 214

Fintech Los Angeles Lending Analytics 214

Bank Innovation

MAY 3, 2019

Silicon Alley” was initially coined in the mid-1990s as a way to group media startups housed around the Flatiron neighborhood of Manhattan. You may not have heard of the term “Silicon Alley,” but I am sure you are aware of the game-changing financial technology that is emanating from it. I hope that doesn’t give you […].

Meeting 282

Meeting blockchain Fintech Financial Technology 282

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. and Japanese banks Mizuho Financial Group Inc., Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. . “I Other investors include U.K.

Fintech 201

Fintech Capital Groups ATM 201

PYMNTS

SEPTEMBER 2, 2020

Checkbook has joined Visa 's FinTech Fast Track program and launched Virtual Cards , a program that will expand the reach of real-time payments, according to a press release. The program launched in 2018 had grown 280 percent at the time, including more than 140 FinTechs around the world.

Cards 213

Cards Fintech California Fraud 213

Payments Dive

JANUARY 27, 2025

American Fintech Council CEO Phil Goldfeder discussed the reasons consumers have started using buy now, pay later services in greater numbers, and why they return to the emerging payment method.

Groups 195

Groups Security Fintech Payments 195

PYMNTS

JUNE 10, 2019

Its new FinTech team could ultimately have more than 100 workers. The company’s push into FinTech will help broaden its lead over rival service Lyft, and its offerings will look to help increase customer engagement and loyalty. Many FinTech outfits use a small group of institutions like Celtic Bank or Cross River for banking products.

Fintech 214

Fintech San Francisco FDIC New York 214

PYMNTS

FEBRUARY 7, 2020

Envoy Group. The company announced a $14 million Series A funding round led by Pantera Capital, while Square, FuturePerfect Ventures, Digital Currency Group and others also participated. The $13 million raised for U.K. The company will deploy the funding to focus on product development, engineering and global expansion.

blockchain 247

blockchain Fintech California System 247

PYMNTS

OCTOBER 1, 2020

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. PYMNTS rounds up the latest partnerships and initiatives below. Barclays & Propel. Wells Fargo & Envestnet. “We

Fintech 228

Fintech Data Risk Management Management 228

PYMNTS

OCTOBER 27, 2020

Multinational investment bank UBS has launched the UBS Next platform in order to help invest in FinTechs and the "broader tech ecosystem," according to a press release. UBS Next will pursue direct investments in early stage FinTechs and other such companies.

Fintech 175

Fintech Groups Innovation Technology 175