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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Nubank, the Brazilian Fintech, Hits a Purple Patch

Brazilian fintech startup Nubank has added three million users since August this year. Speaking at the Brazil Investment Forum in Sao Paulo, Nubank founder and CEO David Vélez said the fintech now had 15 million users.

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Frantic Bidding War for Australian Fintech GBST Holdings
September 16, 2019

Tumultuous week sees SS&C Technologies and FNZ locked in battle to acquire GBST UK-based FNZ had the last word in the sequence of bid and counter-bid that unfolded last week…

Challenger bank Revolut launches 3-D secure payments for online transactions
September 13, 2019

Revolut launched earlier this week a new 3-D Secure payment feature that could protect its users from online fraud The 3-D Secure payment feature applies only to e-commerce payments, that…

Credijusto, the Mexican SME lending platform, Raises $42 Million
September 13, 2019

Point 72 Ventures and Goldman Sachs led Credijusto’s Series B funding round Participating investors included Thomvest Ventures, Wolfson Group, Third Lake Capital and Argo Ventures, as well as existing investors…

RegTech Revenues Climb in Step with Startup Activity, Says CCAF Benchmarking Report
September 12, 2019

RegTech revenues in 2018 top $5 billion following a sharp pickup in startup activity The above statistic is a finding of the “Global RegTech Benchmarking Report,” published by The Cambridge…

Baton Systems Raises $12 Million in Series A Round
August 30, 2019

Trinity Ventures leads round with participation from Alsop Louie and Commerce Ventures Baton Systems has raised more than $12 million. The provider of high-speed, blockchain-inspired, bank-to-bank payments infrastructure, aims to…

Look Ma, No Banks. Small Business Bernal Cutlery Shop Issues SMBX Bonds Instead
August 24, 2019

Small businesses getting the go-round from banks now have an alternative: Issue bonds on the SMBX platform Bernal Cutlery, a well-known cutlery shop in San Francisco, raised $130,000 within two…

Small Business Debt Funding Platform Now Available on Your iPhone
August 20, 2019

Apple has approved the SMBX app, a crowdfunding debt financing platform for small business Small businesses now have an alternative to their banks on their iPhones. SMBX, an app recently…

Accenture: Global Fintech Investments Plunge in H1 of 2019
August 20, 2019

The US-China trade war took a toll on global fintech investments, which slumped 29% in the first half of the year. According to a report from consulting firm Accenture, fintech…

Listed Lending Platform Funding Circle Hits $10 Billion in Funds Issued
August 17, 2019

Listed lending P2P platform Funding Circle, headquartered in London, has surpassed the magic figure of $10 billion in funds loaned Launched in 2010, Funding Circle is the first P2P platform…

Softbank-Backed Brazilian Fintech Looks to Boost Resources and Innovation
August 15, 2019

São Paulo-based secured lending platform Creditas announced a $231 million funding round on July 10 that values the fintech at $750 million. The funding round is led by SoftBank Group….