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FintechUSA
·Jul. 28, 2020

U.S. Fintech Funding on Pace to Beat Last Year

According to analysis by S&P U.S. fintech funding is on pace to beat last year’s performance, even with the pandemic...
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EuropeFintechUSA
·Jul. 1, 2020

More News for July 1, 2020

Acorns Targets Babies With New Custodial Account Capital raises $9M for its AI-based ‘capital as a service’ funding platform for...
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FintechUSA
·Jun. 17, 2020

Stripe Named CNBC’s Number 1 Disruptor 50 Company

Stripe has garnered the top spot on CNBC’s 2020 Disruptor 50 list as the fintech has seen big success through...
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FintechNews RoundupUSA
·Apr. 28, 2020

Stripe Announces Three Major Upgrades

Payments fintech Stripe announced three major upgrades to their payments platform to help users increase revenue, direct connectivity to major...
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FintechNews RoundupUSA
·Apr. 16, 2020

Stripe Raises $600 Million at $36 Billion Valuation

Stripe, the payments platform has raised $600 million which is an extension of their Series G round that closed last...
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EuropeFintech
·Jul. 1, 2020

Startup Partners Back Away from Wirecard

Last year SoftBank agreed to make a €900mn investment into Wirecard; as part of the deal they were going to...
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acquisitionbig techcentral bank / CBDCpaytech
·Jun. 26, 2020

WhatsApp Payments Halted in Brazil, Stripe competitor Checkout.com is Worth $5.5B, Upgrade raises $40MM

WhatsApp launches payments in Brazil and is unceremoniously shut down by the central bank a week later, MasterCard buys Finicity to protect itself against Visa’s recent acquisition of Plaid, Checkout.com continues its largely silent meteoric rise in payments, Softbank-backed and DAX 30 index component Wirecard “loses" $2 billion from its balance sheet and files for insolvency, Upgrade raises $40 million at a $1 billion valuation to extend its personal credit offering.

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FintechNews RoundupUSA
·May. 15, 2020

SMBs Believe they are Better Served by Fintechs

A new report by 11:FS found that small businesses believe fintechs are doing a better job at meeting their needs;...
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covid pandemicInvestingmacroeconomicsneobankroboadvisor
·Apr. 27, 2020

Betterment launches bank accounts into a world that has changed completely

This week, we look at Betterment launching a bank account and payments feature. They are not the first, but they could be the best! Still, it feels like the world has moved on. Barriers to entry around digital finance have collapsed, and shifted industry goal posts. Hundreds of companies are integrating API-based solutions that connect to banking and investment entities. Amazon, Google, and Apple are there already. And let's not forget the incredible pressure from the COVID recession: 20MM+ unemployed, $100 billion decrease in global remittances, 1 in 8 banks being unprofitable. Is it time for incremental improvement, or a sea change?

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FintechNews RoundupUSA
·Mar. 26, 2020

‘Fast’ Raises Series A Led by Stripe

Fast is a platform that makes the login and checkout process through online store easier; CEO of Fast Domm Holland...
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