Fintech

Razorpay has more than doubled its valuation to $7.5 billion from $3 billion in April as one of India’s largest fintech giants demonstrates fast growth and aggressively broadens its product offerings. The Bangalore-headquartered startup, which is a market leader in payments processing in India, said Sunday evening it has raised $375 million in its Series...

Amazon (NASDAQ: AMZN) clients in the United Kingdom will have access to a new, flexible payment method – Instalments by Barclays.

Miners explain how China's underground crypto mining operation works.

PNC, Bank of America, JPMorgan, Wells Fargo and Citi have all introduced automated projections for commercial clients in recent months. Fintechs that cater to small businesses had pioneered the niche.

According to new research by global payment network, Mercuryo, over one third of UK finance businesses are now using blockchain to facilitate payments, as demand for innovation soars.

Technology that Biz2Credit used to help certified public accountants obtain Paycheck Protection Program loans for their clients is being updated to offer term loans to small-business owners.

"We still feel like the law would have come out on our side if it were to go through litigation, but we just don't want to continue to wait for that to happen," the fintech's general counsel said.

Consumers’ responses also showed that they had little idea about the duration for which non-bank finance applications access their data. While 21% believed that once submitted, their data remains always accessible, only 23% were aware that they must manually revoke their consent, or change banking...

For decades, Brazil has had a huge credit problem. It is Latin America’s largest country and has one of the highest interest rate spreads in the world.  To give you an idea of just how bad it is, reports indicated that in 2019, credit card interest rates neared a staggering 300% in Brazil. This is...