Banking

Jul
24

FINTQ expands digital partnerships to become biggest fintech firm in Philippines

FINTQ, the financial technology arm of PLDT and Smart’s Voyager Innovations, on Thursday announced a string of new digital partnerships with banks and non-banking institutions for a variety of financial technology products and services, making it the biggest fintech firm operating in the Philippines today. Among its newly signed partners for Lendr, its pioneering and […]

By Reposted by International FinTech | Banking . Borrowing . FinTech . Lending
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Jul
13

UK fintech start-up Revolut raises $66 million, adds bitcoin

The “global banking alternative” Revolut has raised $66 million in a fund-raising round, the start-up said on Wednesday, in the latest sign that London is so far weathering Brexit to remain a global financial-technology center. Led by Europe- and San Francisco-based venture capital fund Index Ventures, the fund-raising round was one of the biggest ever […]

By Reposted by International FinTech | Banking . Bitcoin . FinTech . Investing . Venture Capital
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Jul
12

London fintech Curve closing in on $10M Series A

Curve, the London fintech startup that offers a platform that lets you consolidate all your bank cards into a single Curve card and manage your money, is on the verge of closing $10 million in Series A funding. According to sources, the round, which could be announced as soon as this week, is being led […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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Jul
05

Fintech startup Tide got a $14 million boost

Banking startup Tide raised $US14 million in one of the largest Series A funding rounds closed by a fintech company this year. Tide, a digital-only banking app aimed at small businesses, has also partnered with online lender iwoca, in a move to allow small companies access to loans of up to £100,000. The funding round […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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Jul
03

Peek inside the Fintech arms race between banks and startups

Brick-and-mortar banks are in desperate need of a makeover. They know it too. Capital One is opening Capital One Cafes in major cities across the U.S., with hip decor and more laidback consulting vibes than traditional branches. JPMorgan is trying the same idea with its Manhattan technology hub. Bloomberg reported the bank’s $9.6 billion technology […]

By Reposted by International FinTech | Banking . Borrowing . FinTech . Lending . Mortgage
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Jun
28

Visa buys stake in fast-growing fintech group Klarna

Visa is taking a stake in Klarna in a sign of the Swedish fintech’s growing presence in online payments. A week after Klarna became the largest European fintech to receive a banking licence, Visa said it was making a strategic investment through the purchase of a stake of less than 10 per cent as well […]

By Reposted by International FinTech | Banking . FinTech . Investing . Payments
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Jun
27

Plaid puts out a ‘request for startups’ in nine underserved fintech sectors

Plaid wants to make it easier for financial services companies to serve consumers and businesses, but it also sees significant holes in the fintech ecosystem. As a result, the company has issued a Y Combinator-like “request for startups” to tackle particular issues where it believes significant innovation is lacking. In case you don’t know, Plaid […]

By Reposted by International FinTech | Banking . FinTech
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Jun
12

Kasikorn Bank creates $30 million Fintech Fund

Kasikorn Bank has opened up a $30 million fund to invest in to Fintech startups, thus exemplifying the banks attitude to embrace disruptive technologies. The rapid technological developments within the financial industry has opened up new dimensions in the market, changing how customers think. People are moving towards more digital options in an attempt to […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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