Wednesday, September 23, 2020
In the move to global expansion, fintech company Plaid is launching its services to the United Kingdom. The start-up valued $2.7 billion is connecting US bank accounts to fintech applications for easy payment and banking services. Applications like Venmo, Robinhood,...
Payment processing company Global Payments announced it is acquiring its rival Total System Services (TSYS) for $21.5 billion. This deal would be the third in the payment processing sector this year. The merged company, which will be named Global Payments,...
Australian Prime Minister Scott Morrison has appointed Sen. Jane Hume as a cabinet member responsible for overseeing financial services and financial technology. Sen. Hume will assume the office of Assistant Minister for Superannuation, Financial Services and Financial Technology. She will...
TransferWise has been considered as the most valuable financial technology start-up company in Europe. As of writing, the firm is valued at $3.5 billion. The recent round of investment was brought in by Lead Edge, Lone Pine, and Vitruvian Partners,...
Europeans remain wary about using the latest financial technology even if it will make purchasing goods and other monetary transactions more convenient, according to a survey by ING. The insurance giant's 7th annual survey on attitudes towards financial technologies revealed...
The Securities and Exchange Board of India (SEBI) and the Insurance Regulatory and Development Authority (IRDAI) recently revealed a draft proposal for a regulatory sandbox (RS) dedicated for financial technology firms in the country, Inc42 Media reports. The frameworks...
Mastercard recently introduced its new digital platform called the Mastercard Innovation Engine. This new program incorporates financial technology services designed to make user experiences more effective and efficient. Just last Tuesday, May 14, 2019, the company announced the launch of...
Goldman Sachs, one of the world’s leading investment bank and financial solutions company, has found invested in Elinvar, a fintech startup company based in Berlin. According to a report from Finextra, Elinvar has completed a funding round led by Goldman's...
Dooap, an Accounts Payable (AP) Automation software for Microsoft Dynamics 365 and A, announced May 14 that it will be relocating their headquarters to Austin. According to an article from Crunchbase News, the company holds a total of 19 employees...
The alternative financial technology banking firm KOHO successfully raised a $42 million deal. KOHO states that the company plans to use its funds for further growth and development of its business. Fintech Futures report that the series B funding round...

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