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Marqeta rolls out instant card-tokenization service

Payments Source

The Oakland, Calif.-based based startup’s Marqeta Tokenization-as-a-Service enables banks or fintechs to instantly add credit, debit or prepaid cards to a digital wallet by directly managing tokens instead of going through a third party, Marqeta announced on Tuesday.

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Marqeta acquires Power Finance for $275M

BankInovation

Payments fintech Marqeta announced today it will acquire credit card management platform Power Finance in an all-cash transaction to help supplement its credit offerings. The Oakland, Calif.-based based fintech (NASDAQ: […]

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How A Bank And A FinTechs Are Jointly Cracking The Code On Financial Inclusion

PYMNTS

The favored narrative about banks and FinTech startups is generally not a love story. Whereas FinTechs are undoubtedly newer and faster – risen from the digital age to put banks out of business – they aren’t always able to take deposits or keep some of those associated warranties. Usually, it is more of an all-out war story.

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Top 5 Fintech: Silicon Valley Might Meets South Korean Finesse

Bank Innovation

Last week we observed an upsurge in collaborations between startups and financial institutions, but this week is all startup glory. There are some old pros still doing us proud with 9-figure rounds, like Affirm, but a major Korean vital force is not far behind, in the form of e-commerce and seriously chill Read More.

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Watch 9 Fintech Startups Pitch at Techstars & Western Union Demo Day (Oct 2020)

Fintech Labs Insights

Their were 9 fintech companies and one healthtech. Description: Digital banking and spend management platform for global NGOs. Description: Digital wealth manager connecting Africans to U.S. HQ: Oakland, CA. Description: Helps businesses pay, manage and support their gig-economy workers. HQ: Little Rock, Arkansas.

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First Look: The 56 Fintech Companies in YC’s Latest Batch (W21)

Fintech Labs Insights

Early on, fintech startups were a small part of its class, although Stripe (S09) and Coinbase (S12) were notable (and extremely profitable) exceptions. When I looked at YCvalums in mid-2014 , there had been just 40 fintech grads in its first 10 years. Oakland, CA. Streamline your debt capital raise and management.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. HQ: Oakland, California. Credit risk management.