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Fintech

Fintech
·Feb. 25, 2022

The last thing we need is for banks to innovate

I stumbled across an interesting report by Clarivate who, using a statistical analysis, have identified the 100 most innovative companies in the world. Technology advancement is a complex composition of talent, of competition and of need. New ideas emanate from everywhere scientists, engineers and developers reside. What is the methodology? …
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Fintech
·Feb. 25, 2022

Citi poised to become largest bank to eliminate overdraft fees

The $2.3 trillion-asset company plans to scrap the charges by this summer. It joins Capital One and Ally in doing away with the fees, which face pressure from Biden-era regulators.
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Fintech
·Feb. 25, 2022

Most Pandemic FinTech IPOs Now Trade as ‘Busted’

As the world watches war unfold in Ukraine, the last several days since our inaugural FinTech IPO Tracker have been volatile, to say the least. PYMNTS breaks it down.
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Fintech
·Feb. 25, 2022

Pacaso’s earnings reveal explosive growth for market’s fastest proptech unicorn

Funding abound, Pacaso revealed it generated nearly $300M in full year 2021 revenue and sold approximately 400 units in it's first year.
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Fintech
·Feb. 25, 2022

Block’s strong 4Q results fail to wow investors

Block, the digital payments firm run by Jack Dorsey, reported strong quarterly sales that were in line with expectations but failed to impress investors.
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Fintech
·Feb. 25, 2022

Mexican fintechs struggle amid legal red tape

It has not been a smooth sail for smaller Mexican fintechs either, who have struggled to meet requirements.
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Fintech
·Feb. 25, 2022

Spring Labs partners with TransUnion for DeFi credit checks

By the end of 2022, crypto lenders will check customer credit reports through a partnership between Spring Labs and TransUnion.
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Fintech
·Feb. 25, 2022

VC funding to LatAm spikes to $15.1 billion

Some $29.4 billion were deployed in Latin-American tech startups during 2021, up from a previous record of $16.8 billion.
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Fintech
·Feb. 25, 2022

Coinbase posts big revenue beat but expects trading volume to fall in the first quarter

Coinbase reported fourth-quarter earnings that beat analyst estimates after the bell on Thursday. Shares bounced around after the report. They...
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Fintech
·Feb. 25, 2022

Latin America Continues Steps Toward Bitcoin Adoption

After El Salvador, other Latin American nations are exploring legislation to integrate cryptocurrencies into their financial systems.
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