Fintech News America
Paysafe To Acquire Peru’s PagoEfectivo
Paysafe a leading specialized payments platform, today announces that it has signed a definitive agreement to acquire PagoEfectivo, a market-leading,
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Neobank Mercury Bags US$120 Million, Looks To Crowdfund US$5 Million More
Mercury, a San Francisco-based fintech startup which offers banking services for startups, announced that it has raised US$120 million during
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16 Upcoming Fintech Events in the US
Across the US and around the world, live events are back in full force and gathering steam. In key fintech
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Square Inks Deal To Acquire Australian BNPL Firm Afterpay for US$29 Billion
Digital payments company Square announced that it has agreed to acquire Australia’s Buy Now, Pay Later (BNPL) firm Afterpay in
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Commission-Free Trading Pioneer Robinhood Seeks US$35B IPO Valuation
Robinhood, the US startup that pioneered commission-free trading, is seeking a market valuation of up to US$35 billion in its
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NYC Crypto Firm Fireblocks Bags US$310M From Sequoia, Siam Commercial Bank’s VC Arm
New York-based digital asset custodian Fireblocks announced that it has raised US$310 million in a Series D funding round, boosting
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Remote Becomes Unicorn With $150 Million Series B Funding
When the global pandemic struck last year, millions of people transitioned from working in physical offices to working from home,
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Facebook Pay To Be Available to Online Retailers Starting With Shopify
With digital payments picking up pace across the globe, social media giant Facebook is extending its payment services to online
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Mastercard Taps Circle for Payment Settlement Pilot With USDC Stablecoin
Circle and Mastercard announced an engagement to use the USD Coin (USDC) to facilitate crypto-to-fiat conversions in a pilot programme
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M1 Finance Clinches Unicorn Status with US$150 Million Fundraise
M1 Finance, an all-in-one money management platform, announced that it has secured US$150 million during a Series E funding round,
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Latin America Sees Booming Digital Banking Sector with Brazil at the Lead
Over the last few years, digital banking in Latin America (Latam) has experienced extraordinary growth on the back of changing
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Digital Lending Platform LoanPro Bags US$100 Million From Series A Fundraise
LoanPro, a SaaS-based loan management, servicing and collections platform for alternative, fintech and traditional lenders, announced it has raised a
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Argentina’s Fintech Landscape Shows Strong Growth Despite Headwinds
Argentina’s booming fintech industry boasts over 300 companies that employ nearly 15,000 people. This year, the sector is expected to
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Freelance Fintech Platform Willa Closed US$18 Million in Series A Fundraise
California-based fintech Willa announced that it has secured US$18 million during a Series A funding round. The round was led
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Visa Customers Spent More Than US$1 Billion on Crypto-Linked Cards in 2021
Visa revealed that its customers had spent more than US$1 billion on its crypto-linked cards in the first half of
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Brazil and Mexico Emerge as Top Fintech Countries in Latin America
Though the growth of fintech in Latin America (Latam) started later than in other region, it quickly picked up stream.
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JPMorgan Chase Set to Snap up 40% Stake in Brazilian Digital Bank C6
JPMorgan Chase has entered into an agreement for a 40% ownership stake in Brazilian digital bank C6 Bank for an
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Payoneer Finalises Merger With SPAC Company, Begins Trading on Nasdaq
Cross border payments specialist Payoneer announced that it has completed its merger with the FTAC Olympus Acquisition Corp. (FTOC), a
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Top 5 Fintech Cities in the USA
A world leader in tech innovation, it comes with little surprise that the US has produced some of the world’s
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5 Trends Shaping Brazil’s Fintech Industry in 2021
Brazil, the largest fintech market in Latin America (Latam) and the fifth in the world with more than 750 fintech
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Miami Sees Booming Fintech Ecosystem Amid Favorable Political Environment and Latam Opportunity
As Miami rapidly becomes a central destination for technology development and a symbol for the tech exodus from Silicon Valley,
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Mexican Fintech Credijusto Acquires Banco Finterra for Under US$50 Million
Credijusto, a Mexican lending platform for small businesses, announced the acquisition of a local bank Banco Finterra which specialises in
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Brazilian Cross-Border Commerce Platform EBANX Bags US$430 Million Ahead of IPO
EBANX, a Brazilian cross-border commerce platform, announced an investment of US$400 million from Advent International and an additional commitment of
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Dutch Payments Firm Adyen Granted Branch License to Operate in California
Dutch payments firm Adyen announced that it has received approval from the US Office of the Comptroller of the Currency
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Broadridge Expands Wealth Management Capabilities with AdvisorStream Acquisition
Broadridge Financial Solutions, provider of investor communications, technology-driven solutions, and data and analytics to the financial services industry, announced that
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Nubank Bags US$ 750 Million in Two Series G Extensions, Now Valued at US$30 Billion
Brazilian challenger bank Nubank announced that it has raised a total of US$ 750 million during two extensions of its
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Capchase Secures $125 Million Funding to Launch Financing for Tech Companies
Capchase, a New York-based a platform for recurring-revenue companies to secure non-dilutive capital, has announced a US$125 million Series A
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Wealthtech Startup Yieldstreet Lands US$100 Million in Series C Fundraise
Yieldstreet, a New York-based digital investing platform, announced that it has raised US$100 million during a Series C funding round.
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10 Startups Selected For the FIS Fintech Accelerator Programme in 2021
Financial products and services provider FIS and The Venture Center have announced the ten companies selected to participate in the
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Crypto Firm Circle Raises US$440 Million, Considers US$4 Billion SPAC Deal
Circle, creator of the second largest stablecoin USDC, announced it has raised US$440 million in financing from leading institutional and
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New Report Sheds Light on Booming Challenger Bank Market
The challenger bank trend first emerged in Europe and has progressively gained traction in all parts of the world. Today,
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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 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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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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