
Open Banking
Plaid Raises US$ 425 Million, Pushing Its Valuation to US$ 13.5 Billion
Open banking platform Plaid announced in a blog post that it has raised US$ 425 million during a Series D financing round, pushing its estimated valuation to US$13.5 billion. The funding round was joined by new investors Altimeter Capital, Silver
Read MoreOpen Banking Picks up in the US Amid Growing Demand and Competitive Pressures
Adoption of open banking is catching in the US on the back of rising customer demand and competitive pressures, according to a new report by Financial Technology (FT) Partners. In a paper titled Open Banking: Rearchitecting the Financial Landscape, the
Read MoreOpen Banking Becomes a Reality in Latin America
The open banking movement has reached Latin America (LatAm) on the back of a booming fintech sector. The growth of fintech in LatAm started later than in other regions but quickly picked up steam. From 2017 to 2019, fintech investment
Read MoreGlobal Mapping: Open Banking Key Players in 2021
Dutch payment news and intelligence the Paypers has released an updated version of its infographic of the global open banking ecosystem in 2021, mapping key solution providers and their core offerings and solutions. The map categories open banking companies in
Read MoreWhite Paper Outlines Need for Smaller Lenders to Collaborate with Fintechs
Community banks and credit unions are struggling to keep up with the pace of innovation due to limited capacity, lack of skills, and limited budget. Given these limitations, smaller lenders must collaborate with fintech companies to meet fast-changing customer demands
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