Atomic, a provider of payroll APIs, has raised $40 million in Series B funding just five months after announcing its Series A financing. Mercato Partners and Greylock co-led Atomic’s latest round, which the company described as “preemptive,” meaning that it was not technically seeking to raise but rather was approached by investors. It has now […]
Two of the Co-Founders from Google Pay in India have launched a new neo-bank aimed at millennials in India; epiFi...
Las valoraciones de las fintech se han hundido incluso más rápido de lo que subieron, haciendo difícil la llegada de nueva financiación para estas empresas. Mientras tanto, aumentan las ventas y fusiones con operadores tradicionales.
In a recent speech on the future of money Bank of England Governor Mark Carney said a ban on crypto would stifle the useful innovation with blockchain; Mr Carney tells the FT about payment systems needing to change, “These must now evolve to meet the demands of fully reliable, real-time, distributed transactions.”; he also talked about the community driven approach to the tech and the many use cases for it that increases efficiency and transparency around systems that are in need of an upgrade. Source.
Continuing with its fintech acquisition strategy, BBVA has acquired Openpay; Openpay is a Mexican B2B payments platform with more than one million transactions per month; with the new support, Openpay will seek to triple its transaction volume. Source
In an interview in Forbes, Bluevine CEO and Co-Founder Eyal Lifshitz, gives some background on the history of his company...
The rising trend of ESG investment is wrought with confusion. In the face of rampant greenwashing, regulators are finally starting to react.
C2FO, which claims to be the "largest" platform for working capital, announced that it has "surpassed $200 billion in cumulative funding provided."...
Back office banking infrastructure needs updating; fintech companies and banks want to work with companies that can provide a customizable,...
For years merchants have complained about transaction fees that eat into their revenue, but having Amazon take up the fight may ratchet up the pressure. The change will go into effect Jan. 19.