Fintech startup Stripe in talks for new funding at much higher valuation
The company could have a valuation of more than $70 billion or significantly higher, at as much as $100 billion, after the funding, the report said US fintech startup Stripe Inc is in talks for a new funding round at a much higher valuation, Bloomberg News reported on Tuesday, citing people familiar with the matter. […]
Top 4 exciting Malaysian FinTechs transforming financial services
Financial technology (FinTech) is rapidly becoming a central part of the financial sector of Malaysia. With an increasing middle class, high mobile phone penetration rates, and government support for the digital economy, Malaysia is well situated to take advantage of FinTech innovation. Mobile wallets, digital payments, lending, remittances, blockchain, electronic KYC processes, and crowdfunding, among […]
Answered: 5 questions about forging a career in fintech
Learn how to kick-start your career in fintech and what you can expect of different roles in this field. Wondering what it takes to carve out a career in fintech? It’s an industry going from strength to strength with plenty of different opportunities. You can opt to work for a specialised firm, such as Revolut […]
Global Fintech investment fell by 16% during the third quarter
According to research conducted by Comprar Acciones, the total value of global fintech investments fell by 16% between the second and third quarter, down to $12.15 billion. While the total value of fintech investment fell, deal volume actually grew by 26%, with 716 new deals closed during Q3. Of this number, the US accounted for 64.7%, with their 340 […]
55. Super Bowl goes cash free
For the first time, this season’s Super Bowl will be cashless after the NFL and partner Visa decided to accelerate the move to contactless payments because of the Covid-19 pandemic. Super Bowl LV, taking place in Tampa Bay in February, will offer 100% digital payment acceptance for fans throughout the stadium on game day, including […]
The Future Of Fintech In A Post-pandemic World
COVID-19 has been extremely damaging for many businesses, especially small businesses and their employees. Yet, tragedy is excellent at uncovering opportunity, and in this case, the opportunity lies in the fintech industry. The response to the pandemic in the business world was to redo structure. Businesses that hadn’t previously been online have been forced to […]
Santander acquires Wirecard’s assets for tech expansion
Banco Santander has released a statement confirming its acquisition of tech assets from insolvent payment processor Wirecard. Although not confirmed in the company’s official document, other sources report the total figure exchange as being €100m. Wirecard, which declared insolvency earlier in the year following revelations that it had misplaced over US$2.3bn in funds, was formerly renowned for its technology’s widespread usage […]
Konsentus launches international Open Banking Hub
UK, 25th November 2020: Konsentus today announced it has launched an international infrastructure platform with the ability to accelerate a country’s implementation of open banking. The Konsentus Open Banking Hub (OB Hub), a SaaS based solution, runs in a national cloud infrastructure, has end to end functionality and helps create, support and secure vibrant open […]
5 French FinTechs transforming the financial sector
Over the last few years, the Fintech industry has known a real economic boom in France. According to Statista, digital payments have become increasingly mainstream in France, as more and more users are taking advantage of the conveniences of this type of payment. Mobile payments, credit cards and other types of digital payment methods represent […]
APIs Are The Secret Sauce Of Fintech
If revenue from fintech companies really is going to more than triple in the next decade, as some have predicted, it’s not going to happen without APIs. In the last decade, APIs have gone from one tool at a company’s disposal to arguably the tool that allows companies to achieve scale in a cost-effective way— particularly within fintech. […]
