Tagged: fintech

NYU’s Stern School of Business to Start Fintech Master’s in 2023

Fintech New York City

New York University Stern School of Business this week launched a global, one-year, part-time Master of Science in Fintech Program. Its goal is to provide working professionals with the skills and knowledge to lead in the increasingly technological finance sector. The first class will start… Read More

Accelerator Fin+Tech Announces 16 Accepted Startups

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Fin+Tech, an Italy-based acceleration program supporting startups in the Fintech and Insurtech space, has completed the selection of the 16 start-ups that will join the first cycle of the program, according to a public statement. The accelerator is part of the CDP National Accelerators Network,… Read More

Promise, a Fintech Focused on Consumer Government Debt, Names Jeff Press CRO

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Promise, a technology platform that provides options for people to pay back their government debt and receive qualified aid, recently announced the appointment of Jeff Press as Chief Revenue Officer. In this role, Press will drive revenue, sales operations, strategic partnerships, and growth initiatives for… Read More

PayNet Celebrates Accelerator Program, Targets Payments Sector

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Payments Network Malaysia (PayNet) has launched the Fintech ePayment Accelerator Programme, an initiative that aims to support and advance startups focused on the digital payments sector in and around Malaysia. The three-month initiative focuses on ideas and solutions that can help accelerate the adoption of… Read More

Fintech Investments in Egypt Surged Over 300% in Past Year: Report

Pyramid Egypt

Ahmed Wadi, the Founder and CEO at MoneyFellows, a Cairo-based collaborative Group Lending and Savings Platform, says that he is amazed how the Fintech space evolved over the past couple years. Wadi added that he can’t wait to see homegrown Fintechs “proving to the world… Read More

Payments in the Future: IDC InfoBrief Commissioned by Episode Six Looks at 2023 and Beyond

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It’s no secret the process of how we pay for goods and services is changing before our eyes and the latest IDC InfoBrief commissioned by Episode Six speculates on what the future will look like. In 2030 they expect 74 per cent of global consumer… Read More

RapiPay Attracts $15M to Build Super App

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RapiPay, an Indian Fintech, this week announced it has raised $15 million in funding to launch NYE, a new-age digital banking super app. The current funding round is led by Varun Jaipuria (RJ Corp), DLF Family Office, Rahul Gautam (Sheela Foam) and Rohan Kumar (DS… Read More

Better Tomorrow Ventures Raises $225M Fintech-Focused Fund

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Better Tomorrow Ventures, a venture firm focused on helping early-stage Fintech companies, has raised $225 million for a fund, triple the amount it raised a mere 18 months ago. The plan is to devote $150 million to invest in 30 pre-seed and seed-stage startups. The… Read More

Fintech’s Rising Influence Celebrated in F-Prime’s State of Fintech Report for 2021

Aston Martin Fintech scaled

The explosive growth of Fintechs and their rising influence in finance has been neatly summarized in F-Prime’s State of Fintech Report for 2021. Start with the raises. In 2021 Fintechs attracted close to $120 billion of capital in private markets, with more than 300 nine-figure… Read More

Razorpay Acquires Malaysian Recurring Payments Provider Curlec For $19+M

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Indian payments unicorn Razorpay has acquired a majority stake in Curlec, a Malaysian recurring payments solutions provider. The cost was just under $20 million. Curlec is the first international acquisition for Razorpay, and taken together with the previous ones it shows a very deliberate growth… Read More

WiSEED Filling French Investment Void With Equity Crowdfunding

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For only €100, participants on French crowdfunding site WiSEED can pursue attractive returns while also improving the world they live in. The platform prides itself on improving financial literacy, providing a transparent look into how it selects opportunities, and its commitment  to providing alternative financing… Read More

AI’s Use in Customer Service to Grow in 2022, Extend Into More Functions: TelcoSwitch CEO

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Look for the use of artificial intelligence (AI) in customer service to grow in 2022 TelcoSwitch CEO Russell Lux said. The growth will continue with automated chatbots which are deployed in customer contact centres and will extend to call analytics. The importance of both have… Read More

New Direxion ETFs Target Fintech, Oil and S&P 500

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Direxion today launched a series of exchange-traded funds (ETFs) designed to give investors access to fintech, oil services and the S&P 500. Unveiled today are the Direxion Daily FinTech Bull 2X Shares (Ticker: FNTC), Direxion Daily Oil Services Bull 2X Shares (Ticker: ONG) and Direxion Daily… Read More

Tarabut Gateway, Zain Bahrain Unite to Offer Open Banking Payments in Telco App

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MENA open banking platform Tarabut Gateway this week announced a partnership with Zain Bahrain to provide the region’s first use case of open banking payments within a telco app. The companies said this is the first time a regional telecom provider has used open banking… Read More

GP Stakes Strategies Could Generate 15% Annual Cash Yield: Yieldstreet

YieldStreet Michael Weisz 1

Yieldstreet this week announced a new private equity strategy that offers retail investors the opportunity to gain exposure to direct equity investments in alternative asset managers. In a statement, Yieldstreet said an alternative asset manager, such as a private equity firm, is itself a business,… Read More

Canadian Fintech Borrowell Celebrates Financial Literacy Month, 2M Customers

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Canadian fintech Borrowell announced this week that more than two million Canadians are now members of its platform. This announcement comes during Financial Literacy Month in Canada, as Borrowell continues its mission to educate and empower consumers to take control of their financial health. “At… Read More

How OARO is Capitalizing on Blockchain in Financial Services, Supply Chains and Identity Verification

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The use of digital services has many applications in the world of finance, especially when you incorporate blockchain technology, and one of the companies using these technologies to benefit business is OARO. Founded in 2017, OARO is a Canadian company with offices in Halifax, N.S.,… Read More

Neo Financial, a Rare Central Canadian Fintech Success Story, Receives $1.6M for Training

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Neo Financial, a Canadian fintech based in Winnipeg, Man., has made great strides since its founding in the fall of 2019. This week Neo Financial received $1.6 million from the Province of Manitoba’s Industry Expansion Program to train 300 new and 32 existing employees in… Read More

Oportun, Digit Celebrate $213 Million Acquisition

Fintech Blooming

Oportun a consumer credit Fintech, today announced that it has agreed to acquire neobank Digit, a platform that provides automated savings, investing, and banking tools. By adding Digit Oportun will further expand its A.I. and digital capabilities. “This is a transformational deal that will expand… Read More

True Wind Capital Closes $817M Fintech Focused Fund

Aston Martin Fintech scaled

San Francisco-based private equity firm True Wind Capital this week announced the successful close of its second fund, True Wind Capital II. At $817 million in equity commitments, the fund’s targets were exceeded. True Wind Capital was launched in 2015 by Adam Clammer and James… Read More

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