#FINTECH News

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$150 Million Venture Fund: Why Hack VC Remains Bullish on Crypto and Web3

decrypt.co Having weathered “at least three bull-to-bear-market cycles,” Web3 venture capital firm Hack VC is committed to staying the course, the company said yesterday announcing its…

Alternatives to a semi-truck loan

aol.com None Equipment loans are a common way to finance a semi truck, but you can use a variety of other loans for a semi truck. • None SBA loans are designed to help business…

PhonePe Launches App Store Localized for India, Allowing Third-Party Payments

pymnts.com PhonePe has launched an Android app store that offers app discovery in 12 Indian languages that cater to 95% of the country’s population. This new Indus Appstore provides…

Germany’s Financial Regulator BaFin Set to Relax Crackdown on FinTechs

pymnts.com Germany’s financial regulator, BaFin, is reportedly set to relax its crackdown on FinTechs. The move comes after several firms improved their controls, BaFin Executive…

3 Fintech Stocks to Buy to Retire a Millionaire

investorplace.com With high interest rates, many investors are wary of putting their money into fintech stocks. But I believe some promising options are perfectly positioned to rebound…

Prizeout Launches Cash-Back Products for Credit Unions

pymnts.com Prizeout has introduced a new white-label solution that enables credit unions to offer their members a suite of cash-back products. The new CashBack+ helps credit unions…

BREAKING: Ripple Vs SEC Case May End in April Says Crypto Analyst

coinpedia.org Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Prominent…

Nuvei Expands LatAm Presence With Direct Local Acquiring in Colombia

pymnts.com Canadian FinTech firm Nuvei is expanding its Latin American presence with the launch of direct local acquiring capabilities in Colombia. This makes Nuvei the first global…

Report: FairMoney Looking to Acquire Umba, Expand in Kenya

pymnts.com FairMoney, a digital bank based in Lagos and headquartered in Paris, is reportedly in talks to acquire Umba, a digital bank operating in Nigeria and Kenya. The talks involve…

3 Poorly Performing IPOs Worth Snatching Up Before They Surge

investorplace.com These recent IPOs are in the bargain bin today and set for robust recoveries A few years ago, it seemed that new initial public offerings (IPOs) and special purpose…

City Furniture Selects Elite Rewards "Sales Vendor of the Year" 2023

benzinga.com Successful "Test Rest" and "Gift with Purchase" (GWP) programs drive unparalleled conversion rates of in-store traffic ST. PETERSBURG, Fla., Feb. 20, 2024 /PRNewswire/ --…

Monzo Aims for £4 Billion Valuation as Biggest Challenger Bank in UK

pymnts.com Monzo, the British FinTech unicorn, is aiming for a £4 billion valuation in its latest funding round. The digital bank, which currently has over nine million U.K. personal…

Monzo targets £3.6bn valuation in fresh funding round

ft.com Fintech could finalise deal in next two weeks

Boom Debuts Blockchain-Powered Payment Platform for Unbanked Consumers in Africa

pymnts.com Boom launched an online payment gateway that allows merchants to collect payments from 2 billion unbanked consumers across Africa. The debut of the platform, Boom Pay, marks…

This Valuable Resource Can Solve Startup Growth Challenges in 2024

entrepreneur.com Although there is some hope that the venture capital market is slowly stabilizing, the upcoming year will still be competitive for most startups. Here's a solution that can…

Bezos-Backed Stark Bank Tripled Payments Processed in 2023

pymnts.com Stark Bank, a growing FinTech startup based in Sao Paulo, Brazil, reportedly caught the attention of investors including Jeff Bezos’ family office, Bezos Expeditions, which…

Chainanalysis: Crypto Money Laundering Plummets as Transactions Fall

pymnts.com Reduced cryptocurrency activity last year helped lead to a corresponding decline in crypto money laundering. That’s according to a recent report on crypto crime from…

3 Under-the-Radar Fintech Stocks Ready to Make a Move

investorplace.com Trailblazing fintechs can produce sustained returns for their investors Fintech stocks continue to lead the way with groundbreaking innovations in payments and customer…

PayPal Ventures’ first AI investment, a credit-based dating app and Robinhood’s good week

techcrunch.com Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at a new finance-based dating app, Robinhood’s earnings results and the startup in which…

Velmie Launches Customizable Business Banking Platform

pymnts.com Velmie launched its Business Banking Platform designed to help financial services providers and FinTechs broaden their product offerings. The platform enables these…

Reserve Bank of India Wants ‘Hands-Off’ Approach to FinTech Regulation

pymnts.com The Reserve Bank of India (RBI) reportedly wants to take a “hands-off” approach to regulating FinTechs. At the same time, the central bank expects these firms to follow…

FinTech IPO Surges 4.6% as Robinhood Leads Earnings Season Rally

pymnts.com Earnings reports moved several components of the FinTech IPO significantly higher — and lower — and took the overall index up 4.6% through the past week. Robinhood shares…

Jupiter Asset Management Dumps $2.5 Million in XRP Investment Due to Regulatory Issues

coinpedia.org The post Jupiter Asset Management Dumps $2.5 Million in XRP Investment Due to Regulatory Issues appeared first on Coinpedia Fintech News London-based Jupiter Asset…

Instant Insurance Disbursements Face Adoption Barriers

pymnts.com Insurance companies are crucial in helping consumers with essential needs. They may provide funds to cover significant emergencies such as major medical procedures, home…

Toast Trims Staff, Growth Slows, Subscription Revenues Gain

pymnts.com Toast’s latest quarterly earnings were marked by the announcement of a 10% headcount reduction, even as subscription revenues increased but growth across some metrics…

US Bank Taps Pagaya’s Credit Intelligence for Personal Loans

pymnts.com U.S. Bank said Thursday (Feb. 15) that more than 2,000 of its clients have been approved for personal loans over the past few months thanks to the technology and credit…

Mynt Partners With Visa to Expand Embedded Card Solution

pymnts.com FinTech company Mynt partnered with Visa to expand the adoption of Mynt’s new embedded card solution. Via the solution, enterprise resource planning fleet and fuel companies…

Breaking: Cathie Wood’s Ark Invest Sells 214,068 Coinbase Shares Ahead Earnings

coingape.com Ark Invest, an investment management firm led by Cathie Wood, made significant adjustments in multiple funds on Wednesday. Ark Invest funds offloaded Coinbase shares worth…

Credit Unions Bank on Personal Relationships as Foundation for Payments Innovation

pymnts.com Consumers today have a growing number of ways to re-tool their financial health. But in a landscape where options abound, employing a personal touch can go a long way toward…

Build Now, Not Later: How Banks Can Seize the BNPL Opportunity

pymnts.com BNPL financing has become widely popular in recent years as a means of defraying the increasing costs of many goods, especially among younger consumers with less spending…

Nukkleus to Acquire Mercury Global to Grow X-Border Payments

pymnts.com FinTech company Nukkleus has signed a term sheet for the acquisition of cross-border payments firm Mercury Global. This move marks Nukkleus’ expansion in the world of…

Citi the latest TradFi player to test out asset tokenization

blockworks.co Citi is the latest financial firm to test bringing real-world assets onto distributed ledger technology networks, finding that such efforts can offer big advantages over…

Tradeshift Taps FinTech Veteran Iain Balchin as New CFO

pymnts.com B2B eCommerce and FinTech platform Tradeshift has appointed Iain Balchin as its newest chief financial officer (CFO). Balchin has experience in helping to elevate FinTech…

3 Hidden-Gem Fintech Stocks Ready to Ride a Massive Market Wave

investorplace.com These hidden-gem fintech stocks are positioned for growth Fintech stocks continue to witness greater investor attention because financial services are becoming more…

Colombian Payment Service Provider Bold Raises $50M

pymnts.com Colombian FinTech Bold raised $50 million to expand its payments terminal offering. The company announced the General Atlantic-led Series C round Wednesday (Feb. 14), saying…

Equity: Bret Taylor has a brand new AI startup

techcrunch.com This is a transcript of the latest episode of Equity, TechCrunch’s venture capital-focused podcast. New episodes of Equity air every Monday, Wednesday and Friday. Listen…

Visa Pauses Commercial Card Payments in India Amid Industry-Wide Investigation

pymnts.com Visa has paused its intermediated commercial card payments in India following an order by the country’s financial market regulator. The Reserve Bank of India (RBI) directed…

Spanish City Bets on Crypto to Boost Economy and Attract Investment

observers.com The Chamber of Commerce in the Spanish coastal city of Torrevieja in Alicante has joined forces with the city's Association of Small and Medium Merchants (APYMECO) in an…

5 Best Fintech Stocks to Buy Now

marketbeat.com If you've ever applied for a mortgage preapproval or bought insurance online, you likely saved time and money by working with a fintech company. Fintech stocks have taken…

The 50 Hottest Fintech Startups

forbes.com Despite the industry’s funding woes, some startups–particularly those serving others business—are thriving. Here’s the Forbes Fintech 50 for 2024. he past year has been…

The Future Of Investing: Fintech 50 2024

forbes.com mid inflation concerns and geopolitical conflicts, volatility has become the status quo, forcing fintechs to grapple with tumultuous market conditions. But six investing…

B2B Payments’ Digital Dilemma: Which Innovation Will Scale?

pymnts.com The tug-of-war between institutional inertia and innovation is coming to a head in business-to-business (B2B) payments. That’s because, as generational and behavioral tides…

Finastra, Tesselate Team on Digitalization of Trade Finance

pymnts.com Financial software firm Finastra has teamed with consultancy Tesselate to make trade finance digitalization easier. The Tegula Trade Finance as a Service offering, powered…

Revolut Adds UK Phone Plans to Bolster Super App Mission

pymnts.com Revolut is reportedly introducing phone plans in its bid to become a “super app.” The plans, open to customers in the FinTech’s home country of Great Britain, are a first…

Report: Paytm Verges on Regulatory Victory Amid Larger Troubles

pymnts.com Paytm is reportedly set for a small regulatory win while facing bigger government headaches. The government of the FinTech’s home country of India is on the verge of…

Indian Parliamentary Panel Says Domestic FinTechs Need Support

pymnts.com An Indian parliamentary panel has reportedly highlighted a need to support the growth of domestic FinTech players in India’s digital payments market. The panel pointed to…

Wirex CEO Says Money Mules Are a Massive Issue in FinTech and Crypto

cryptonews.com In an insightful interview with Cryptonews, Pavel Matveev, CEO and co-founder of popular global digital payment platform Wirex, discussed what money mules are and how big of…

FinTech IPO Index Grinds 0.6% Higher, Led by Katapult, Nuvei

pymnts.com The FinTech IPO Index gains 0.6%, with only a bit of earnings in the mix — and with a spate of partnership announcements dominating the headlines. Katapult Leads the Way…

Banyan CEO Takes Long-Term View of FinTech Infrastructure

pymnts.com The evolving world of payments is being built on top of innovative strategies. And, after years of traditional ways of transacting like paper checks and ACH payments, change…

AppTech Integrates Its Commerse Platform With FinZeo

pymnts.com FinTech company AppTech integrated its Commerse product and its newly-acquired FinZeo platform. Commerse is a portal that lets independent sales organizations and…

FIS Debuts Interoperable Platform for Sharing Bank Data

pymnts.com FIS has debuted a platform that lets its clients’ customers share banking data. The Florida-based global FinTech has signed agreements with data networks Akoya, Envestnet,…

Plaid Names Cloudflare Vet Jen Taylor as Its First President

pymnts.com Plaid has named its first president, the latest hire on the FinTech’s road to going public. Jen Taylor is joining the company after seven years as chief product officer at…

3 Under-the-Radar Stocks Set to Soar 300% by 2026

investorplace.com Discover the potential of these under-the-radar stocks for 300% growth In the stock markets, where giants often steal the investment spotlight, hidden gems await discovery.…

AppTech Integrates Fintech Platform to Transform Traditional Banking and Payments Infrastructure Resulting in Cost Reduction, Secure Banking, and Instant…

benzinga.com CARLSBAD, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. ("AppTech") APCX, a pioneering Fintech company powering frictionless commerce, announces it has…

3 Sorry Financial Stocks to Sell in February While You Still Can

investorplace.com Financial service companies with an uncertain future Financial services companies are an essential sector for investors to seek exposure because they offer decent dividend…

How Digital Tools and BNPL Are Paving New Roads to Affordable Car Repairs

pymnts.com Most people can relate: Your car breaks down unexpectedly, and the repair bill throws your budget off track. However, thanks to digital advancements, the car repair…

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