Miami-based, female-founded fintech NovoPayment raises $19 million to court new customers
Nubank, which is backed by Warren Buffett’s Berkshire Hathaway, has confidentially filed for an initial public offering (IPO) on the New York Stock Exchange.
Instead of the cyberwars of science fiction we have the fintech wars involving cryptocurrency exchanges, payment cards and remittance systems. While these battles by themselves may not bring the war to a halt, they will certainly communicate the right messages to smartphone-wielding Muscovites.
Fintech Oportun has acquired neobanking platform Digit for $211.1 million, which included an aggregate of $112.6 million in cash and $98.5 million in stock.
Nova Credit will leverage its Credit Passport to help approve newcomers from Nigeria for the Vesti Card.
A survey of 70 traditional UK financial services firms by Mayer Brown has quantified the benefits of fintech partnerships in the financial services industry; 100% of survey participants said they would purchase a product or work directly with a fintech company over the next three years and 49% of respondents said they were currently working with a fintech firm in a joint venture partnership; other highlights from the survey report found that 87% of respondents could reduce costs after a fintech partnership, 83% of respondents were able to refresh their brand and 54% of respondents increased revenue. Source
Paysend, the card-to-card pioneer and global payments platform, announced that the firm is expanding its P2P money transfer services.
Plurall and dale! want to expand the supply of credit in the underserved market, providing solutions for small entrepreneurs to prosper.
Point has raised $115 million in Series C funding in a round led by WestCap.Existing investors also participated in the round including; Andreessen Horowitz,...
Every year LendIt Fintech co-founder Peter Renton reflects on his yearly predictions and provides predictions for the following year; in...