Browsing Category
Fintech
53 posts
See the most recent coverage and news on fintech, or “financial technology,” which includes anything from P2P payment systems, expenditure management firms, checkout tools, and disruptor banks to breakthroughs at traditional financial institutions.
BlackRock and Jio Financial are going after India’s wealth management business.
Both Jio Financial Services, which is a subsidiary of the Indian conglomerate Reliance, and BlackRock, which is…
1 min read
How PayJoy made $300M by lending to the underprivileged using cellphones as collateral.
Lerato Motloung is a hardworking mother of two, dedicated to her job at a supermarket in Johannesburg, South…
3 min read
Indonesian fintech Wagely profits while helping the poor
Wagely, a fintech company from Indonesia, gained recognition for its earned wage access service, allowing…
5 min read
Embat, a $16M Spanish startup, will compete with Trovata in real-time accounting.
Considering that financial teams might spend a significant amount of time on corporate treasury management,…
2 min read
Vijay Shekhar Sharma resigns from the board of Paytm Payments Bank.
Vijay Shekhar Sharma, founder and primary owner of Paytm Payments Bank, resigned from the board days after the…
2 min read
New Grifin model automatically invests shopping money.
Today, investment app Grifin debuted its anticipated “Adaptive Investing” model, which automatically invests in…
2 min read
Zūm Rails introduces FedNow banking-as-a-service with first funding.
Compared to Brazil, the US is sluggish in implementing open banking and quick payments. However, FedNow launched…
2 min read
Goldman Sachs places a wager on Simetrik’s CFO automation technology.
B2B financial solutions firm Simetrik raised $55 million in Series B financing over two years after raising $20…
2 min read
Sources claim FairMoney is in discussions to purchase Umba for $20M all-stock.
Sources tell Eltrys that Lagos-based FairMoney, headquartered in Paris, is in talks to purchase Umba, a…
3 min read
Digital commerce platform Contour Network is acquired by Singaporean fintech Xalts.
Eight major banks, including HSBC, Standard Chartered, and BNP, founded Contour Network, which an 18-month-old…
2 min read