Payments

Jul
27

Search for 2017 Fintech 100 innovators kicks off

Nominations are now open for the 2017 KPMG & H2 Ventures Fintech 100, the annual list designed to recognize leading fintech innovators.   Visit www.fintechinnovators.com by Thursday, 31 August 2017 and nominate your company, or any fintech you think should be considered for the Fintech 100.   The Fintech100, available at www.fintechinnovators.com, is compiled by […]

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Jul
14

Praise the lord: Pushpay shares rise after $33m placement

Pushpay, an ASX-listed fintech seeking to convert United States church goers to donating via their mobile phones, has raised $US25 million ($33 million) in an oversubscribed placement as it targets a doubling of revenue next year. Fifteen new institutional investors in Australia and New Zealand, where Pushpay is also listed, backed the private placement at […]

By Reposted by International FinTech | FinTech . Investing . Payments . Venture Capital
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Jul
07

Ireland is well placed to ride the fintech wave

It was almost inevitable that Dublin would emerge as the hub of a thriving fintech sector in Ireland. The co-existence along the banks of the Liffey of the well-established International Financial Services Centre (IFSC) and the more youthful “Silicon Docks” with its coterie of world leading born-on-the-internet firms created an ideal breeding ground for the […]

By Reposted by International FinTech | Borrowing . Currency . FinTech . Lending . Payments . Peer-to-Peer
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Jul
07

Saxo Payments calls for Fintech Industry to step up and help merchants reach their full international trading potential

The findings from the latest Financial Stability Board (FSB) underlines the on-going challenges faced by businesses, when trading internationally, reinforcing the findings produced in Saxo Payments White Paper Cross Border Payments for Cross Border Merchants – An Internationally ‘Local’ Future – published last week. Anders La Cour, CEO of Saxo Payments: “The latest report highlights […]

By International FinTech | Currency . FinTech . Payments
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Jul
06

Vantiv offers Worldpay a deal valued at $10 Billion

Worldpay Group, the British payment processing company, said on Wednesday that it had agreed in principle to be acquired by Vantiv, an American rival, for 7.7 billion pounds. The transaction, valued at about $10 billion, is one of the most significant in the field since the financial crisis. Payment processing has become increasingly important for […]

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

FinTech brand TrueMoney paves the way for low remittance rate for Filipinos

TrueMoney is the largest and fastest growing mobile payment and financial service provider is Southeast Asia. It was established in 2003 as part of the True Corp and CP Group. In the last 2 years, they expanded to other emerging markets in Southeast Asia. They now have presence in multiple markets such as Thailand, Cambodia, […]

By Reposted by International FinTech | FinTech . Payments
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Jun
30

Investors are preparing to give fintech app Revolut £50 million even though it’s bleeding money

Fast-growing fintech app Revolut is close to sealing a £50 million funding round that will value the nascent company at £300 million, Sky News reports. London VC Index Ventures, already an investor in Revolut, is leading the round, Sky says. Silicon Valley investor Ribbit Capital is also said to be taking part in the round. […]

By Reposted by International FinTech | Currency . FinTech . Investing . Payments . Venture Capital
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Jun
28

Britain leading the way in fintech adoption, report shows

Britain is leading the way in fintech adoption in the developed market, according to a new report from professional services and Big Four firm EY. EY’s fintech adoption index showed that 42 per cent of consumers in the UK are now using fintech services. However, there has been growth worldwide when it comes to the […]

By Reposted by International FinTech | FinTech . Insurance . Payments
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