Fintech Industry News

A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

itweb.co.za - Staff Writer - Visa helps African fintechs tap into $500 billion market opportunity
Visa helps African fintechs tap into $500 billion market opportunity
www.itweb.co.za

Visa gathered in Cape Town for the Visa Africa Fintech Accelerator programme Cohort 4 Demo Day. The event showcased 22 African fintech startups with the goal to develop innovative digital commerce solutions across the continent. #visa…

itweb.co.za - Staff Writer - Visa showcases next wave of African fintech innovators at Demo Day in Cape Town
Visa showcases next wave of African fintech innovators at Demo Day in Cape Town
www.itweb.co.za

Visa gathered in Cape Town for the Visa Africa Fintech Accelerator programme Cohort 4 Demo Day. The event showcased 22 African fintech startups with the goal to develop innovative digital commerce solutions across the continent. #visa…

siliconrepublic.com - Suhasini Srinivasaragavan - Dutch fintech Mollie acquires GoCardless in €1.05bn deal
Dutch fintech Mollie acquires GoCardless in €1.05bn deal
Silicon Republic

The integration of their services will enable Mollie to be a scalable partner for small and large merchants, the company said. Dutch fintech Mollie is acquiring UK's GoCardless for €1.05bn, combining to create a customer-base of more than…

americanbanker.com - Mary Ann Azevedo - Business-focused fintech Mercury makes consumer banking push
Business-focused fintech Mercury makes consumer banking push
American Banker

Key insight: Mercury's push into consumer banking is part of a trend in which fintechs are blurring the lines between business-to-business companies and business-to-consumer ventures. What's at stake: The move is the latest example of digitally…

dev.to - Matt Mochalkin - Building a FinTech Approval System with Symfony 7.4
Building a FinTech Approval System with Symfony 7.4
DEV Community

The symfony/workflow component has long been one of the framework's most powerful, yet underutilized, gems. It allows developers to decouple business process logic from entity state, transforming complex “spaghetti code” status checks…

bmmagazine.co.uk - Jamie Young - GoCardless founders in line for major payday as fintech sells for nearly £1bn
GoCardless founders in line for major payday as fintech sells for nearly £1bn
Business Matters

The transaction is expected to deliver a major payday for GoCardless chief executive Hiroki Takeuchi, as well as fellow co-founder Tom Blomfield, one of Britain's most prominent technology entrepreneurs and a co-founder of digital bank Monzo.

bloomberg.com - Aisha S Gani - Revolut Forms Team to Bring Private Markets to Retail Investors
Revolut Forms Team to Bring Private Markets to Retail Investors
Bloomberg

Revolut Ltd. is in the early stages of building out its private markets team as the fintech looks to deepen its wealth offering. The London-headquartered firm is looking to recruit junior investment bankers, asset managers, or private capital…

forbes.com - Billy Bambrough - Saylor Issues Stark Warning Amid Sudden Scramble To Update Bitcoin Price Predictions
Saylor Issues Stark Warning Amid Sudden Scramble To Update Bitcoin Price Predictions
Forbes

Bitcoin and crypto prices have struggled since peaking in early October, with traders fearful the market could be about to take a $1 trillion hit. Sign up now for CryptoCodex —A free crypto newsletter that will get you ahead of the market…

itweb.co.za - Sibahle Malinga - ITWeb TV: Bank Zero acquisition to boost Lesaka balance sheet
ITWeb TV: Bank Zero acquisition to boost Lesaka balance sheet
www.itweb.co.za

In this episode of ITWeb TV, Lincoln Mali, CEO of Lesaka Southern Africa, talks about how the company grew from a struggling operation to a fintech powerhouse, and how its acquisition of Bank Zero will unlock new digital banking opportunities for…

fastcompany.com - Sam Becker - Wealthfront IPO: Stock price closely watched today as financial platform starts trading on the Nasdaq
Wealthfront IPO: Stock price closely watched today as financial platform starts trading on the Nasdaq
Fast Company

Wealthfront Corporation is looking to rake in the wealth after going public on Friday. The Palo Alto-based automated digital wealth platform raised $486 million after selling 43.6 million shares, putting the company's valuation at roughly $2…

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