Tag: fintech

March 23, 2024

As much of the global tech industry was left rocked by difficult macroeconomic conditions throughout 2023, Lithuania’s fintech ecosystem enjoyed continued growth – driven by efforts and initiatives targeting the space throughout the last decade. The number of fintechs operating […]

February 12, 2024

In the middling science fiction novel Those Who Remain, author G. Michael Hopf said: “Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times.” This quote (which in modern […]

January 16, 2024

However, while many firms seek to provide accessibility to basic financial services to the masses, not quite so many have sharpened their focus and risen to the challenge of making financial services more accessible and easier to use for disabled […]

December 21, 2023

We have arrived at the start of the next bull market. If history is our guide, these cycles are powered by multiple factors including Bitcoin’s halving events, shifts in macroeconomic landscapes around U.S. elections and Federal Reserve interest rates, as […]

December 15, 2023

UK-based fintech SumUp has secured €285 million (around $307 million) in fresh funding as the company looks to pursue international growth opportunities and broaden its suite of payment services for SMEs. The company’s latest capital raise was led by Sixth […]

November 27, 2023

It’s been just eight months since the largest supporter of tech startup funding, Silicon Valley Bank (SVB) collapsed, triggering the fall of crypto’s preferred institution, Signature Bank. In an industry plagued by inflation, mass layoffs, and recessionary conditions, what is […]

October 27, 2023

UK digital bank Monese is parting ways with Thought Machine three years after signing up for its Vault core banking platform, with the company instead implementing new core tech developed in-house by the company’s recently launched fintech subsidiary XYB. Monese […]

October 11, 2023

Digitisation and the use of emerging technologies such as AI are rapidly showcasing the many benefits tech can have on the financial world. However, these are not being used to their fullest extent – especially when it comes to inclusion. […]

September 1, 2023

Scalable Capital was founded in 2014 and offers neo-advisory, wealth and asset management services from its bases in Munich, Berlin and London. Handelsblatt says that according to sources, the bank is assessing whether the platform could prove beneficial to its […]

August 30, 2023

BC Payments plans to help local fintechs overcome barriers to non-domestic growth. At the centre of these barriers is the current de-risking in the B2B payments space by local incumbents. High-growth, compliant fintechs have often been caught in the crossfire, […]

August 22, 2023

Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money valuation of $5.8 billion. The Information reported last week that spend management company Ramp was […]

August 18, 2023

In a proactive step, Innovate Finance has articulated its vision in response to HM Treasury’s recent call for strategies on refining and gauging the success of UK financial regulators’ new competitiveness objectives. This dialogue comes on the heels of the […]

July 17, 2023

The major indices entered a new bull market in 2023, and investors are once again flocking to more speculative growth stocks. As such, some previously poor-performing fintech stocks have rebounded sharply. There’s no doubt that the fintech industry is going […]

July 7, 2023

FIS has signed a definitive agreement with US-based private equity firm GTCR to sell a majority stake in its Worldpay merchant business. GTCR will acquire 55% of Worldpay, with FIS set to receive $11.7 billion in upfront net proceeds. FIS […]

June 30, 2023

The Climate Fintech report found that every region saw accelerated funding. Though LatAm and APAC did not see much funding, it was still considerably more than other investment sectors. Meanwhile, North America saw $640million raised, while Europe secured just below […]

June 5, 2023

The implementation of CobaltFX’s ‘Dynamic Credit’ solution marks a step forward in enhancing market access and control while optimising credit disbursement. CobaltFX, part of United Fintech, has been a longstanding partner of BNP Paribas and NatWest. This latest collaboration aims […]

May 24, 2023

The round was led by Avenir, with participation from existing investor Anthos Capital. The funding will be deployed towards expanding E6’s go-to-market efforts and scale its business further. Founded in 2015 and headquartered in Austin, Texas, E6 provides enterprise-grade payment […]

May 5, 2023

Apple’s newly launched high-yield savings account has reportedly attracted around $1 billion in deposits within its first week. The Apple Card savings account, launched in April in partnership with Goldman Sachs, offers US consumers a high-yield annual return of 4.15% […]

April 27, 2023

The financial sector is at a crossroads, with digitization and sustainability being the primary catalysts for the transformations in the market. In recent years, there has been a significant increase in green finance, as banks and non-banks adopt sustainable practices […]

March 28, 2023

In the online casino industry, online casinos accepting PayPal became the most sought-after, with popularity fueled by the UK Gambling Commission’s announcement to ban the use of credit cards to gamble in Great Britain. Currently, Bitcoin and PayPal are two […]