Australian fintech investment in 2020 remains strong through COVID at US$1.4 billion
Investment in Australia’s fintech sector was strong at US$1.4 billion in 2020, despite a fall from a record $2.09 billion in 2019.
Square’s bank arm launches as fintech aims ‘to operate more nimbly’
Known for its innovations in the payments sector, fintech payments pioneer Square is officially now a bank.
‘Buy now, pay later’ fintech Klarna raises $1bn
Klarna, the Swedish fintech company, has raised $1bn in funding that values the ‘buy now, pay later’ outfit at $31bn.
At least 93 Fintech firms in Mexico are in process of acquiring Financial Technology Institute license
There are at least 93 Fintech firms in Mexico that are currently in the process of acquiring a Financial Technology Institution license.
FreshBooks chooses Salt Edge to bring digital makeover to accounting via open banking
FreshBooks, a leading accounting software available in over 160 countries, joined forces with Salt Edge, a pioneer in developing open banking solutions.
Go “beyond banking” with an open, customer-centric ecosystem
Connected to an open banking platform, modules allow the introduction of new types of services within the banking ecosystem.
Hong Kong’s fintech industry booms as consumers turn to mobile solutions
In Hong Kong the fintech industry is dynamic and fast-growing, both in terms of innovation and fundraising, with funding targeting new economy stocks.
Australia to be 98% cashless by 2024: FIS report
The sun is officially setting on the use of cash for retail payments in Australia, with the economy projected to be 98% cashless by 2024.
