FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

Payoneer Enters China With Easylink Payment Acquisition
Payoneer Enters China With Easylink Payment Acquisition
April 10, 2025  |  Acquisitions

Small business-focused FinTech Payoneer bought China’s Easylink Payment Co. The deal makes Payoneer the third foreign payment platform licensed to offer online payment services in...

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Are Stablecoins a Threat or an Opportunity for Banks?
Are Stablecoins a Threat or an Opportunity for Banks?
April 10, 2025  |  Cryptocurrency

Banks have always evolved to provide more effective systems to serve their customers. But while historically that evolution was relatively linear, as the financial world...

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Mynt Gets Visa Investment and Joins Reseller Network
Mynt Gets Visa Investment and Joins Reseller Network
April 10, 2025  |  Partnerships

Spend management solution provider Mynt launched a new partnership with Visa. The collaboration will allow the Stockholm-based company to address the rising demand from small-...

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Ryft Raises $7.3 Million to Expand Embedded Payment Solution
Ryft Raises $7.3 Million to Expand Embedded Payment Solution
April 09, 2025  |  Investments

Ryft has raised 5.7 million pounds (about $7.3 million) in a Series A funding round to continue expanding its embedded payments solution that helps marketplaces...

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Galileo Introduces Deposit Sweep Product for FinTechs
Galileo Introduces Deposit Sweep Product for FinTechs
April 08, 2025  |  Digital Banking

Galileo Financial Technologies has introduced a product that automates deposit sweeps for FinTechs, enabling them to offer more competitive returns and peace of mind to...

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MercadoLibre to Boost Investment in Brazil by 48%
MercadoLibre to Boost Investment in Brazil by 48%
April 07, 2025  |  eCommerce

MercadoLibre reportedly plans to increase its investment in Brazil by 48%, from 23 billion reais (about $3.7 billion) in 2024 to 34 billion reais (about...

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Dimon: Consumer Payments ‘New Battleground’ for Banks
Dimon: Consumer Payments ‘New Battleground’ for Banks
April 07, 2025  |  Banking

Consumer payments have become a “new battleground” for banks, JPMorgan Chase Chairman and CEO Jamie Dimon said Monday (April 7) in his annual letter to...

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Alphabet-Backed Pennylane Raises $82 Million to Expand Accounting Platform Across Europe
Alphabet-Backed Pennylane Raises $82 Million to Expand Accounting Platform Across Europe
April 07, 2025  |  Investments

Pennylane has raised 75 million euros (about $82 million) to continue growing its accounting platform in France and to expand it across Continental Europe. The...

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Airwallex Reportedly Plans to Seek US and UK Banking Licenses
Airwallex Reportedly Plans to Seek US and UK Banking Licenses
April 07, 2025  |  Banking

Singapore-based payments startup Airwallex reportedly wants to expand into lending. To that end, the company plans to acquire banking licenses in the U.S. and United Kingdom, CEO Jack Zhang told the...

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