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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Community Banking: Reich & Tang Reaches Deal with Smiley Technologies
February 6, 2020

Fintech firm Reich & Tang has reached a deal with Smiley Technologies, a developer and provider of core banking solutions to U.S community banks. Community banks typically struggle to keep…

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FinTech: Visa and AirWallex Offer Card-based B2B Payment Solution
February 6, 2020

Card giant Visa and global fintech leader AirWallex announced a global partnership to offer the Airwallex Borderless Card, a B2B card-based payment solution. Offered initially only in Australia, the card…

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FinTech: Another Consolidation Among Legacy Payment Players; Worldline Buys Ingenico
February 5, 2020

With new-fangled fintech disruptors snapping at their heels, two legacy payment processor giants in Europe have joined forces in an $8.6 billion mega-deal. French payment company Worldline will acquire domestic…

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FinTech: Jenfi Has an Innovative Lending Model For SMBs in Southeast Asia
February 4, 2020

The Jenfi fintech targets small businesses that are underbanked…even in Singapore. It has an Innovative Lending Model For SMBs in Southeast Asia. Jeffrey Liu and Justin Louie, who worked together…

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FinTechs: UK the Epicenter of Fintech in Europe, says Report
February 4, 2020

UK the Epicenter of Fintech in Europe, says Report. The fintech sector in the UK raked in a record $4.9 billion in investments during 2019, despite political turmoil from Brexit.

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FinTech: Online Insurance Marketplace and Insurtech Policygenius Raises $100 Million
January 31, 2020

Policygenius, an online marketplace for comparing and buying insurance products, announced the successful raising of $100 million via its Series D funding round. Jennifer Fitzgerald and Francois de Lame founded…

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FinTech: Digital Lending Platform LendUp Notches Up $2B in Loans
January 30, 2020

Ethical online lender LendUp announced Thursday its achievement of having disbursed aggregate loans worth $2 billion on its platform. Founded in 2012, the company’s main goal is to help anyone…

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FinTech: Founding Member Standard Chartered Boosts Investment in Contour, the Blockchain Trade Platform
January 29, 2020

Standard Chartered invests an undisclosed amount in Contour. Contour is a global trade finance platform that runs on R3’s Corda blockchain. It specializes in digitally creating, exchanging, approving, and issuing…

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Venture Capital: CurrencyCloud Gets $80 Million From Top Notch Investors Including Visa
January 28, 2020

CurrencyCloud Gets $80 Million From Top Notch Investors Including Visa. London-based startup CurrencyCloud builds remittance APIs for money transfer businesses. It’s software you are never likely to see. It works…

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FinTech ETF Hits 52-Week High
January 24, 2020

The Global X FinTech Thematic ETF (FINX) has rallied more than 32% over the last 12 months. Shares have climbed from a 52-week low of $24.49 per share to $32.40…

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