FinTech

Digital payments alone could become a $100 trillion industry, according to PwC. And that’s just one component of the global Fintech industry. This channel tackles the lenders and buyers, the obstacles and achievements, and the trends and trend makers leading the ongoing technological evolution in global finance.

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FinTech: FinXact’s Core-as-a-Service Platform Will Power Digital Banker One

One is the new digital banking app launched by Bill Harris, the former CEO at PayPal and Intuit. It is a digital banking start-up that promises “One app. One card. One account.” It intends to deliver full-service banking via one simple account allowing users to save, spend, share, and borrow. It focuses on middle-income families across the United States. Currently in beta mode, One will likely launch during summer this year. It has chosen Finxact to power its banking services.

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The Revolut unicorn, a disruptive force in banking
July 7, 2019

Revolut, the UK-based digital “challenger” bank, wants to become the Amazon of banking. Started in July 2015 by two bank ex-employees, Revolut has a set a torrid pace towards its…

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Decade-old Dutch payments startup raises €25 million
July 3, 2019

Amsterdam-based payment service Mollie finally avails funding A group of technology and payment entrepreneurs has seized the opportunity to invest in a pioneering online payments service that was founded over…

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How Brex, the fintech unicorn, made its young founders very wealthy
July 2, 2019

Henrique Dubugras, 23, and Pedro Franceschi, 22, are (you guessed it…) Stanford dropouts Henrique Dubugras and Pedro Franceschi have a net worth of $460 million each. They founded Brex, a…

IMF fintech survey: Central banks testing crypto waters
July 1, 2019

An IMF survey on global adoption of fintech shows a fifth of central banks are weighing the issue of cryptocurrencies Are fintech’s stated benefits of financial inclusion and a fillip…

Fintech bank backed by Leonardo DiCaprio: pay fees only if you wish to
July 1, 2019

Aspiration, an online bank, advertises itself as the Wells Fargo alternative Looking for a cheaper, cleaner alternative to Wells Fargo, the mainstream US bank which has been in the news…

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Fintech Opens Shale Plays to Investors
June 20, 2019

Shale investing is no longer an exclusive club open only to industry insiders. EnergyFunders, which claims to make direct energy investing easy, presents selected and vetted oil projects on a…

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P2P Lending Platform YieldStreet – A Balance of Risk and Reward
June 20, 2019

Strict project vetting. Collateral as security for lenders. SEC-regulated. Pick from projects or loans in real estate, litigation finance, marine finance, commercial or art. That’s YieldStreet for investors seeking higher…

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