Providing customer service is expensive, particularly when it comes to payments. And people prefer to do self-service anyway as long as you give them easy options.
A decline in the number of neobank downloads in Brazil raises concern about saturation. Fintechs pivot profitability as competition heats up.
Within the mismatch of interest rates for loans and savings, LHV makes their first step into the personal savings market.
Deployment of capital may be down this year but VCs have shifted gear, bringing extra focus to founders and their ability to adapt.
A logical move for vertical software companies is to add a financing option. With advances in embedded finance this becomes a relatively simple endeavor.
Brazil's fintech Nomad took $61 million in a Series-B funding round to expand its portfolio. Tiger Global Management led the investment.
Grayscale's appeal of the SEC's decision to deny their application for a Bitcoin ETF has been upheld. The industry is considering it a win.
While BNPL has garnered most of the headlines in recent years, developments in embedded lending may end up having a more lasting impact on point of sale financing
Tokenized financial smart contracts could give real-time insight into the cashflows of institutions, moving away from the quarterly snapshot.
Sift's latest Digital Trust and Safety Index describes how artificial intelligence (AI) is fuelling a fraud surge that will challenge retailers and financial institutions.