With a market of specialized fintech offerings and a customer base hungry for streamlined solutions, there's a race to become the provider of all services. The burden lies on the platform provider to deliver an exceptional experience.
The fintech community's one-stop-shop for all things lending and digital banking. Conferences, podcasts, news, webinars, & white papers showcasing the latest in fintech.
This week saw three fintech payments, debit, and credit firms post results: each saw momentous growth year over year but it was not enough to outpace expectations after a bull run of a year for fintech.
The fintech community's one-stop-shop for all things lending and digital banking. Conferences, podcasts, news, webinars, & white papers showcasing the latest in fintech.
There are more offerings today for kids and teens to get started managing their finances.
QED's first investment in the region was Nubank, a deal that is set to pay off handsomely.
Curbing the need for a third-party processor helps money move faster, said the fintech's CTO, Trevor Marshall. "When I think of a checking account, I think of a parking lot," he said. "Current is about movement."
Overdraft fees are criticized as unfair penalties for lower-income customers, but they are often better for consumers than getting purchases rejected.
The bank is partnering with Anthemis to match investors with female entrepreneurs, who according to Findexable research attract just 1.5% of investment in the sector.
Monument Bank, a digital banking startup targeting affluent professionals, is cleared to launch in the UK following the Financial Conduct Authority removing regulatory restrictions from the neobank, according to a press release.