The deal would combine one of the oldest names in financial markets with a relative newcomer. S&P traces its roots to an 1860...

The new mobile virtual card solution addresses the growing demand for digital, contactless commercial payments, which has been amplified...

First launched in June 2019, the scaling down of Libra’s vision comes as it has received a skeptical reception from global regulators,...

Brazil based digital insurance company raises $14.5m in Series A funding led by Monashees.

UK based payments startup helping merchants consolidate the payments stack raised £14m in Series A funding led by Accel. 

Italy based mobile payments startup raised €93m in Series A funding led by Square and Tencent.  

Metromile has struck a deal to combine with blank-check company Insu Acquisition Corp. II. The agreement values the combined company at...

Congratulations to portfolio company Ocrolus for being named as one of five North American fintech companies revolutionizing the...

San Jose based developer of a platform that enables non-bank companies to build fintech applications raised $2.35m Seed funding led by...

Brazil based agriculture fintech company raised $2m in Seed funding led by ONEVC. 

Plaid Exchange is the industry’s first open finance platform, the company said. It gives banks, wealth managers, and FinTechs a way to...

The costs of opening a new bank haven’t changed much, and the Federal Reserve has cut interest rates to near-zero yet again. But the...

Stripe is already well-capitalized, but a new round of financing could help it continue to scale as a private company. In April, the San...

China’s biggest financial technology group had been set to raise $37b in the world’s largest IPO before Beijing’s intervention this...

Palo Alto based home insurance technology company raised $350 in new funding from Mitsui Sumitomo Insurance.

China based insurance tech startup raised $150m in new funding from Tencent.

India based business payments platform raised $35.3m in Series B funding led by Apis Partners.

Denver based artificial intelligence startup focused on claims technology for residential and commercial property insurers raised $10m in...

New York based challenger bank raised $131m in Series C funding led by Tiger Global Management. 

Santa Monica based digital banking platform developing programs to reward savers raised $18.25m in Series A funding led by Acrew Capital....

Head of Analytics of portfolio company Ocrolus shares how lenders can reduce the impact of human bias on credit decisioning by building...

New York based provider of blockchain compliance services raised $100m in Series C funding led by Addition. 

Milan based mobile payment platform raised €93m in Series C funding led by LGT Lightstone, TIM Ventures, Tencent Holdings and Square.

Los Angeles based B2B payments platform for e-commerce merchants raised $33.8m in funding from investors including Greycroft, Bonfire...

New York based alternative investment platform raised $50m in Series B funding led by Eldridge. 

Upon rejoining, the U.S. will likely be expected to provide an updated climate target since the Obama administration’s goal and a plan to...

U.S. financial regulators are gearing up to tackle climate change under President-elect Joe Biden. The industry will be ready to make...

Fed Chair Jerome Powell on Thursday said the U.S. central bank had been working with the Network of Central Banks and Supervisors for...

Cashless payments were on the rise before the pandemic hit, and now, eight months into its grip on the U.S., their use is accelerating...

UK based payments-as-a-service provider raised £9m in growth funding led by PayPal Ventures. 

Just over a decade ago, processing electronic payments was largely regarded as a dull back-office function, including by the banks that...

Last week Barclays’ credit card business struck a deal with Amazon to offer seamless customised shopping and payment services in Germany....

Verafin, founded in 2003, provides more than 2,000 financial institutions in North America a cloud-based platform to help detect,...

The transaction, one of the biggest banking deals since the 2008 financial crisis, would create the nation’s fifth-largest retail lender,...

The UK financial regulator this week accused the company of offering unauthorised financial services, even warning that it could be a...

DirectBooks and Axoni announced that they have launched a core service to simplify and evolve the primary issuance process for corporate...

PWP would be following other boutiques including Evercore, Greenhill, Lazard and, most recently, Moelis & Co in going public. Its...

Sounding more bullish on the cryptocurrency than he has in years, U.S. Securities and Exchange Commission Chairman Jay Clayton said...

Congratulations to portfolio company Sigma Ratings for being named the overall 'Best Data Analysis Tool' at the sixth annual 2020...

San Francisco based consumer credit card startup raised $10m in funding from investors including Greycroft, Accomplice, Clocktower...

Israel based fintech company focused on security deposit alternatives raised $13.5m in new funding led by 10D.

San Francisco based African cross-border payments startup raised $30m in Series B funding led by Ribbit Capital. 

Google is also partnering with 11 banks to launch a new kind of bank account in 2021. Called Plex, these mobile-first bank accounts will...

GM’s OnStar Insurance Services will partner with insurance carriers to offer products that remove "biased judgment" by focusing on...

Mountain View based technology platform for wealth management raised $117m in Series E funding led by WestCap Group.

Affirm reported a net revenue of $509.5m for the fiscal year that ended on June 30, 2020. That’s up nearly 93% from the same period in...

Congratulations to portfolio company Ocrolus on being named the #28 fastest-growing company on Deloitte’s Technology Fast 500 list and...

Chicago based virtual leasing platform for multifamily real estate raised $22m in growth funding from Susquehanna Growth Equity.

South Korea based payments app for underbanked consumers in India raised $28m in Series D funding from SoftBank Ventures Asia, Naver,...

All PayPal employees in the U.S. can now use Even to get paid early, automatically budget and grow their savings, and have full...

Brazil based startup offering salary-advance services as well as online financial education raised $5m in Seed funding led by Monashees...

San Francisco based startup that works with employers to offer financial wellness as a benefit raised $7.3m in Series A funding led by M13.

Congrats to portfolio company Oxio on their successful Series A funding round led by two of the top Latin American VCs, Atlantico Capital...

New York based platform that provides secure infrastructure for moving, storing and issuing digital assets raised $30m in Series B...

The entire transaction can be touch-free, as it involves QR code scanning as opposed to using a card that has to be swiped or inserted...

London based billings, subscriptions and payments platform for enterprises raised $68m in Series C funding led by FTV Capital.

San Diego based estate planning platform raised $15m in Series B funding led by Jackson Square Ventures.

India based insurance marketplace raised $30m in Series D funding led by GGV Capital.

Charlotte based fintech startup aimed at “making philanthropy as easy as banking” raised $8.7m in Series B funding led by the FR Group.

The new program enables American Express consumer cardholders to use the new Amex Send & Split service. Cardholders will be able to...

Some 500 employees will join Spain’s biggest bank, which is acquiring Wirecard’s European technology platform that processes electronic...

If the path was closed due to regulatory concerns, fintech startups would have to either pursue earlier, smaller sales themselves, or...

Growth in online transactions has triggered a scramble for scale in a previously sleepy sector. There are plenty of smaller payment...

Uber has broken its silence on financial services products just five months after it pressed the brakes on finance-related projects in...

London based banking-as-a-service provider raised £6.5m in Series A funding led by EQT Ventures.

London based banking platform for launching new financial products and services raised $8.6m in funding led by EQT Ventures.

Denver based open data platform for insurance brokers and carriers raised $4m in Seed funding led by Baldwin Risk Partners and BrokerTech...

London based enterprise data exchange startup raised $38.5m in Series A funding led by Dawn Capital and Tiger Global Management.

The deal, which would be one of the largest bank tie-ups since the financial crisis, would create the fifth-largest U.S. retail bank with...

Total card loans held by US banks stood at $755b in the last week of October, according to the Federal Reserve — $100b lower than when...

Portfolio company Dharma has now enabled automated clearing house (ACH) purchases in 13 U.S. states. ACH enables direct transfers from...

One of the largest players in the institutional bitcoin space discusses the changing investor landscape in a podcast interview with...

A recent survey even found that spending on subscription services had more than tripled since March, with one in three respondents saying...

The feature was already partially available in the U.S. before today, but PayPal had been onboarding interested customers via a waitlist....

Two of the world’s major economies, the U.S. and the U.K., moved this week to make climate change-related risk disclosures the norm.

Looking for synergies, scale and new opportunities, Latin American fintechs are expanding into neighboring territories. But it can be a...

Experian is tapping Open Banking to help Brits instantly improve their credit scores by using their council tax and Netflix and Spotify...

Portland based startup that aims to reward consumers with stock in brands they frequently shop with raised $10.4m in Series A funding...

Maryland based developer of an app for managing personal finances and improving financial health raised $17m in a Series C funding led by...

Visa is rolling out a new initiative aimed at connecting European financial institutions and merchants with cutting-edge digital payments...

A new white paper from Mathieu Baudet, George Danezis and Alberto Sonnino — a trio affiliated with Facebook’s Novi wallet — says a...

U.K. banking-as-a-service (BaaS) startup raised $37m in new growth funding led by MiddleGame Ventures and Ventura Capital.

Venezuelans’ embrace of digital money is less a matter of choice than of necessity. Their own currency, the bolívar, is now about as...

The deal, which aims to raise up to $3b in total, will allow investors to buy digital tokens that are backed by deposits at the bank’s...

The 69,000 seized bitcoins once belonged to Silk Road founder Ross Ulbricht, who was convicted in 2015 of distributing narcotics and...

Fintech companies are now focusing their fight for market share and customers online, paying social-media influencers to post...

Denver based commercial insurance tech startup raised $4m in Seed funding led by Baldwin Risk Partners and BrokerTech Ventures.

New York based private equity tech platform raised $7.2m in Series A funding led by S&P Global Market Intelligence.

California based digital title and escrow platform for real estate agents, buyers, and sellers raised $40m in funding from First American...

Indonesia based state-owned payments company raised $100m in Series B funding led by Grab.

Nigeria based mobile-first challenger bank raised $10m in Seed funding led by Target Global. 

San Francisco based HR technology platform for international payroll, benefits and compliance raised $35m in Series A funding led by...

Named the “Controlled Tests Environment for Financial and Payment Innovations”, the sandbox promotes new business models and competition...

New York based mortgage lender raised $200m in Series D funding led by L Catterton.

Montreal based residential real estate intelligence platform raised $5.4m in Series A funding led by GroundBreak Ventures.

Hong Kong based provider of digital tools for insurers raised $14m in Series A funding led by Cathay Innovation.

Longer lasting implications from the Ant fiasco may come in the less eye-catching area of fintech regulation. In this field, China’s...

The Hong Kong Monetary Authority (HKMA) is working with the Thai and Chinese central banks on using digital currencies for cross-border...

Portfolio company Flutterwave's co-founder and CEO - Olugbenga “GB” Agboola - is featured in the latest episode of Wharton Fintech's...

New York City tech startups are reacting to the workplace upheaval caused by COVID by subletting their spaces, breaking their leases and...

Since the start of April the US Government has raised a net $3.3trn to fund its stimulus programmes. There is a danger that America’s...

Corporate China’s shiniest star was just days away from seeing his Ant Group list on the stock market in a record $37 billion (28.40...

Fintech in Africa is rapidly evolving and GB is excited about the road ahead. He is particularly bullish on the future of digital...

The cryptocurrency market for sportsis expanding significantly in Brazil and elsewhere. Most of the blockchain solutions adopted by...

While banks are more open to clearing in-person betting transactions, the hope in the gaming industry is that as more states legalize...

New York based fintech-as-a-service platform raised an undisclosed amount of new funding from Citi Ventures.

San Francisco based maker of a way to checkout quickly online is in talks to raise between $50m and $200m, valuing it at as much as $1b.

In August 2020, portfolio company Vestwell conducted a survey of financial advisers across the industry to gauge their perception of...

Approval by regulators at the Office of the Comptroller of the Currency has opened an avenue for start-ups to compete with banks on a...

The National Payments Corporation of India, or NPCI, said late Thursday that WhatsApp can bring the service to a maximum of 20 million...

The payment platform that Banorte used until February “is incomparable” to the one they have today. The pandemic drove an unexpected...

Brazil's Itau said it has been considering spinning off most of its 46% stake in investment platform XP Inc and selling the rest,...

Legal sports betting has literally gone from zero to 25 in the United States in just 2-1/2 years, as Louisiana, Maryland and South Dakota...

The news comes days after blockchain intelligence firm Elliptic reported that a wallet possibly belonging to the Silk Road marketplace...

Investors can be an ornery lot. Just ask PayPal. The $220bn US payment group has just reported its strongest quarterly revenue growth in...

Extend’s core digital payment infrastructure is already compatible with major card networks and partnered with a number of bulge bracket...

Andrew Jamison, Extend CEO and co-founder said “We are delighted to team up with Wells Fargo given their large portfolio of small to...

Following the Covid-19 crisis and the lockdowns that have followed, venture capital investment is down across Europe. Investment in...

COVID-19 is forcing independent businesses to urgently replace legacy point-of-sale systems in order to remain operational and safely...

Germany based challenger bank raised €15m in Series A funding led by Ribbit Capital.

Singapore based startup offering small and medium businesses an accounting and compliance “super app” raised $3m in new funding led by XA...

It was Monday morning in Beijing, and Jack Ma had been summoned to a conference room at the China Securities Regulatory Commission just...

As part of the research, the RBA wants to develop a proof-of-concept (POC) for the issuance of a tokenised CBDC for “wholesale market...

A major reason behind the acquisition is Ingenico’s merchant acquiring business in the US. North America is a geography in which...

Prediction markets, where users can bet on the outcome of future events, are a key application of decentralized finance, which allows...

During its third-quarter earnings call, the company said it plans to roll out substantial changes to its mobile apps over the next year...

Entrepreneurs can raise up to a certain amount of their securities without having to register the transaction with the SEC. Before, that...

Estonia based crypto-asset management platform raised $3m in Series A funding led by Alameda Research.

The Shanghai stock exchange said in a statement that Mr Ma, Ant’s founder, had been called in for “supervisory interviews” and said there...

The push for bank charters comes as an increasing number of Americans turn to online-only financial services during the coronavirus...

New York based spend management platform raised $5m in Series A-1 funding led by Fin Venture Capital.

Merging with private equity-backed Nets would give Milan-listed Nexi access to advanced digital payments markets in northern Europe,...

U.K. based auto insurance startup raised $30 million in Series A funding led by Outrun Ventures.