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: Grandmother-inspired Quick Checkout Startup Fast Adds $20M In Series A

Fast announced Thursday its Series A funding round worth $ 20 million. The round was led by Stripe though existing investors Index Ventures and Susa Ventures also chipped in. Fast is a San Francisco-based start-up aiming to make online shopping a wholly ‘one-click’ experience. It’s ‘Fast Login,’ a free to use one-click login tool, is already available to consumers.

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FinTech: The LendingClub-Radius Bank Deal Could be the Precursor to Many More
February 20, 2020

The tables have turned. There was a time when banks sought to acquire fintechs for their technology and customer reach. But the acquisition of Radius Bancorp by LendingClub (NYSE: LC)…

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FinTech: LendingClub Is The First Fintech To Acquire a Bank
February 19, 2020

Personal lending platform LendingClub has agreed to acquire FDIC-regulated, Boston-based online bank Radius Bancorp in a cash (75%)-cum-stock (25%) deal worth $185 million. This is the first time that a…

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FinTech: SoftBank Steps Up LatAm Focus With $1B Investment Plan
February 18, 2020

SoftBank steps up LatAm focus with $1B investment plan. SoftBank Group has upped the ante in its gambit to profit from financing promising startups in Latin America. Its $5 billion…

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FinTech: Digital Lending Startup BlockFi Raises $30 Million Series B
February 18, 2020

BlockFi Inc. provides consumer financing services. Its platform offers loans to crypto-asset owners who collateralize the loan with their crypto-assets. On the other hand, its BlockFi Interest Account (BIA) lets…

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FinTech: EasyEuro, the Platform for SMB Remittances Between China and Europe, Raises $4M
February 14, 2020

EasyEuro, the Platform for SMB Remittances Between China and Europe, Raises $4M. EasyEuro is fintech that focuses on digital banking and global B2B remittances, especially between Europe and China. This…

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FinTech: N26’s Shock Announcement of its Departure From the U.K.
February 13, 2020

Challenger bank N26 asks UK customers to shut accounts by April 15. N26 has announced its departure from the UK on account of Brexit in a blog post. “With the…

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FinTech: Australian Legislators Pass Law to Enhance ASIC’s Fintech Regulatory Sandbox
February 12, 2020

Australian Legislators Pass Law to Enhance ASIC’s Fintech Regulatory Sandbox. The amendments passed on Monday extend the scope and timeframe fintechs can spend on the existing ‘sandbox.’ The ‘Treasury Laws…

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FinTech: ASX-Listed, Buy Now Pay Later Startup Sezzle Notches Up 1M Customers
February 11, 2020

The Sezzle payments platform, which enables credit-starved shoppers to “buy now, pay later,” now boasts of one million customers across the United States and Canada. Launched in 2016, it took…

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FinTech: Real Estate Analytics Startup HouseCanary Raises $65 Million
February 10, 2020

Real Estate Analytics Startup HouseCanary Raises $65 Million. The funding will allow HouseCanary to develop the most accurate valuations in the property sector. The round was led by Morpheus Ventures,…

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FinTech: InterMex To Use Ripple’s ODL Solution For Cross-Border Transactions
February 7, 2020

International Money Express, Inc. (NASDAQ: IMXI), a cross-border remittances and payment services company operating primarily in Latin America and the Caribbean, announced its partnership with Ripple, the provider of enterprise…

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