Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Council Post: The Importance Of 'Fin' Vs. 'Tech' For Fintech Valuations
Co-founder of Cohen Circle and The Bancorp. Founder and Chairman of Cohen & Company Asset Management. In the ever-evolving landscape of finance and technology, the term fintech has emerged as a commonly used amalgamation of two distinct yet…
3 retailers weigh in on how a financial technology platform helped solve their enterprises' most pressing challenges
Technological capabilities, security regulations, and customer expectations are evolving. Enterprise companies are turning to secure, global payment platforms that meet customer demands for how and where they shop. From arts and entertainment to…
Fintech actually has a value system: Here's how we can reclaim it
Image Credits: Halfdark / Getty Images The technologies underlying fintech point to a world of empowerment and access, transparency and efficiency. And yet the past few years tell a story in which fintech's most prominent players have been out of…
Money Industries: Pioneering Cross-Border Fintech Solutions for a Globalized World
Scheduled for launch by the year end, Money Industries aims to reach the companies it serves to 76.4% of the world population within a year. London — In an era marked by surging global trade flows and the burgeoning evolution of financial…
Fintech startup PortX raises $16.5M and forms new subsidiary to serve credit unions
The news: Seattle-area financial services technology startup PortX landed $16.5 million in fresh cash. Investors: The Series B funding round was co-led by Seattle-area venture capital firm Fuse — which just raised its own $250 million fund…
Prospective Areas for Fintech Investments
In 2023, the financial technology industry continues to actively develop and expand its capabilities. According to forecasts, the volume of the fintech space will increase several times and reach $174 billion. If we talk about investments in…
'Similar to a Bank Account': Aussie Fintech Fined for Misrepresentation of Crypto Product
The Australian financial market regulator has taken enforcement action against Bobbob Pty Ltd, a fintech company, for misleading representation of a crypto-asset-linked investment product. According to the announcement today (Wednesday), the…
Fintech Maxwell acquires digital lending platform Revvin
Maxwell, a Wells Fargo -backed mortgage fintech, announced Wednesday that it has struck a deal to acquire the digital lending platform Revvin (formerly known as MortgageHippo) to enhance its point-of-sale technology. The financial terms of the…
REZO's AI-driven solution to reduce NPAs of FinTechs amidst new RBI guidelines
Updated Sep 27, 2023 | 03:18 PM IST Rezo.ai has launched its AI-powered ‘ Collection Product ' for LSPs (lending service providers) to help them improve their books by recovering loans more efficiently amidst RBI 's tightening regulations on…
The Promise And Possibility Of SMB Cross-Border Payments For Banking
Over the past decade, the world of business-to-business cross-border payments has seen an acceleration of innovation, development and market moves. Companies that traditionally catered to the consumer space have increasingly moved into the…
Bloomberg Markets: The Close 09/27/2023
Romaine Bostick & Katie Greifeld bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street and tackle the economic impact of a government shutdown, navigating a sluggish M&A…
/cloudfront-us-east-2.images.arcpublishing.com/reuters/CR5JA7MD6VKKXOXRJPY6A3FZMM.jpg)
Analysis: US crypto industry comes to Washington, but faces uphill struggle
Sept 27 (Reuters) - Crypto companies are descending on Capitol Hill on Wednesday, but their push to advance industry-friendly laws is likely to be overshadowed by a fight over the federal budget and a Senate crackdown on the use of crypto for money…
Bright Money raises $62 million in equity, debt funding
Fintech firm Bright Money on Wednesday said it has raised USD 62 million (about Rs 515 crore) round of funding from a clutch of investors.It has about 95 per cent of employees in India.The funding includes USD 50 million in debt from Encina Lender…
WeLab has a target of 500 million users in the next decade
Banking & finance Get more with myNEWS A personalised news feed of stories that matter to you Co-founded by Loong in 2013, WeLab is a home-grown unicorn backed by billionaire Li Ka-shing and others WeLab plans to introduce digital…
Toast Pullback Looks Overdone (NYSE:TOST)
Back in March, I wrote that Toast (NYSE: TOST) was one of the best growth stocks out there, serving a large market where the surface has been barely scratched. The stock has been on a volatile rise since, although is up over 10% since my initial…
Receive a Daily briefing on Fintech Industry News
Get Started