Fintech News America
American Express, TikTok Partner to Help Small Businesses Reach Gen Z
American Express has partnered with TikTok to launch the Shop Small Accelerator, a new programme to help small business owners
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Sweden’s Zimpler Expands to Latin America With New São Paulo Office
Swedish payments company Zimpler announced plans to expand to Latin America and that it has established its regional headquarters in
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J.P. Morgan and Mastercard Launch Pay-by-Bank Service
J.P. Morgan Payments and Mastercard have launched Pay-by-Bank to enable consumers to permission their financial data to be shared so
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MoneyGram Offers now Crypto Trading on their Mobile App
Moneygram announced the launch of a new service enabling consumers to buy, sell and hold cryptocurrency via the MoneyGram mobile
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Bilt Rewards Hits US$1.5B Valuation With US$150M Round Led by Left Lane Capital
Bilt Rewards, a rewards programme for renters, has raised US$150 million at a US$1.5 billion valuation. The round was led
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Embedded Finance to Account for More than 10% of All US Transactions by 2026
In 2021, US consumers and businesses poured US$2.6 trillion in transactions through embedded financial services, a sum that represents nearly
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MoneyGram Is Now Haas F1 Team’s Title Sponsor in 2023 and Beyond
Digital payments company MoneyGram is now Haas F1 Team’s title sponsor for the 2023 season and beyond, with the new
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Nubank Launches Its Own Cryptocurrency on the Polygon Blockchain
Latin American challenger bank Nubank announced the creation of Nucoin, its own cryptocurrency on the Polygon blockchain network, set to
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TripActions Raises US$150M at US$9.2B Valuation as Business Travel Recovers
Travel expense management platform TripActions has raised a US$300 million Series G at a US$9.2 billion post-money valuation. The raise
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Apple Card Partners With Goldman Sachs to Offer Savings Account Feature
Apple has partnered with Goldman Sachs to provide Apple Card users with a savings account where they will be able
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Oracle NetSuite Launches Accounts Payable Automation With HSBC
Oracle NetSuite has launched a solution which embeds HSBC’s banking services in NetSuite’s cloud enterprise resource planning system to allow
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Warren Buffett-Backed Nubank Crosses 70 Million Users
Nubank has reached 70 million customers in Latin America, with 66.4 million users in Brazil, 3.2 million in Mexico, and
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Fraud Prevention Company Sardine Raises US$51.5M Series B Led by a16z
Fraud, compliance, and instant settlement solutions provider Sardine has raised US$51.5 million in Series B financing led by Andreessen Horowitz’s
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EMTECH Joins The Digital Dollar Project’s Inaugural Sandbox
CBDC solutions provider EMTECH has been selected as one of four technical vendors participating in The Digital Dollar Project’s (DDP)
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BNPL Firm Ratio Raises US$11M Funding and US$400M Credit Facility
Buy now, pay later (BNPL) solutions company Ratio has raised U$11 million in venture funding and a US$400 million credit
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CYBERA Raises Additional US$5M to Disrupt Financial Cybercrime
CYBERA Global Inc. has secured an additional US$5 million in what it says was an oversubscribed equity round led by
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BNPL Players Need to Pivot Now as Lenders’ Profit Margins Shrink
The Consumer Financial Protection Bureau (CFPB) published a report offering key insights on the Buy Now, Pay Later (BNPL) industry.
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Brazil’s EBANX to Expand Payments Solutions to South Africa, Kenya and Nigeria
Brazilian payments company EBANX announced plans to expand its operations and payments solutions outside Latin America for the first time
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Payments Group PayU Finalises Acquisition of Colombia’s Ding to Expand to LATAM
Netherlands’ PayU has received the endorsement of Colombian regulatory authorities to acquire local electronic payment and deposit specialist Tecnipagos, better
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16 Highlights From the United States’ First-Ever Digital Assets Framework
US government agencies have submitted nine reports to date in response to President Biden’s Executive Order on Ensuring Responsible Development
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Asset Management Platform Ethic Raises US$50M Series C From UBS Next
New York-based asset management platform Ethic has closed a US$50 million Series C funding round led by the Jordan Park
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Bottomline Acquires Nexus Systems to Boost Its Paymode-X B2B Payments Network
Payments solutions provider Bottomline has acquired real estate payments software company Nexus Systems for an undisclosed amount. This acquisition will
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J.P. Morgan to Acquire Renovite to Bolster Its Payments Modernisation Strategy
J.P. Morgan has signed an agreement to acquire payments technology company Renovite to bolster the firm’s payments modernisation strategy and
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Americas Attracts US$39.4B in Fintech Investment in 1H 2022 With 1,430 Deals
Despite a dip in quarterly investment to US$22.7 billion, the Americas saw a record 806 deals in Q1’22, according to
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Top 16 Upcoming Fintech Events Taking Place in Q4 2022 in the US
Home to more than 150 fintech unicorns, the US is a fintech powerhouse and one of the world’s biggest fintech
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Dominican Republic Sees the Rise of a Thriving Fintech Sector
In the Caribbean, the Dominican Republic is seeing the emergence of a burgeoning fintech industry, a thriving ecosystem that has
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Digital Banking and Insurtech Among Fastest-Growing Fintech Segments in Latin America
The fintech ecosystem in Latin America (LatAm) has risen quickly over the past couple of years with sustained growth observed
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OneSpan’s Mobile Security Solution Snags the 2022 SC Award
Digital agreements security company OneSpan announced its Mobile Security Suite (MSS) has earned the coveted title of “Best Mobile Security
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The Super App Model May Not Be Suitable for the US Market
Super apps may be widely popular in Asia and quickly gaining ground in Africa and Latin America (LatAm), they have
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FIS Rolls Out New Central Infrastructure Payment Solution
American multinational company FIS has launched its new central infrastructure payment solution, RealNet Central, to help central banks transform their
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Uber Starts with Uber Money
Uber introducing Uber Money, a team within Uber working on financial products and technologies that deliver additional value for the
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Microsoft Launches Money in Excel Personal Finance Solution
Fintech applications have given people more control over their personal finances in a myriad of ways, whether it’s paying bills,
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Top 20 Neobanks of 2020
Fintech intelligence startup WhiteSight has released its selection of 2020’s top 20 neobanks based on growth and valuation. The list
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Google Pay Plans to Offer Digital Bank Accounts
Google is expanding its plans to offer digital banking services in the United States (U.S.) by partnering with several banks
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Rapyd Expands Card Acquiring Capabilities in Europe
Rapyd, a fintech-as-a-service company, announced a major expansion of its European platform, adding end-to-end card acquiring capabilities to its payments
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Credit Suisse Starts with AccessFintech, A Global Internal Exception Network for Trade Settlement Issues
Credit Suisse announces the internal launch of AccessFintech’s trading exception management solution. Following a successful pilot, Credit Suisse has gone
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8 Undiscovered, Early Stage Fintech Startups from the US to Watch out for in 2020
Throughout the years, the US has produced some of the world’s leading fintechs including popular names such as Acorns, Affirm,
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No Fee Samsung Money Card Starts This Summer
Samsung Electronics America, unveiled Samsung Money by SoFi, a new mobile-first money management experience that brings a cash management account
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Top-Funded US Fintech Startups 2019 by State
Fintech is gaining momentum in the US with US$12.9 billion raised so far this year, as of Q3’19, already surpassing
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Top 5 Global Fintech Investors: From Q2 2019 to Q2 2020 and Where They Invested
Sequoia Capital, 500 Startups, Ribbit Capital, Accel and Global Founders Capital (GFC) were the five most active fintech venture capital
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Top 10 Most Valuable Fintechs Across North America and Europe
PitchBook, a software-as-a-service company that delivers data, research and technology covering the private capital markets, has released its list of
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