During the Covid-19 pandemic, the way people use cash has changed. Cash was being used less for transactions but the total value of...

Chinese officials have told 13 of the country’s biggest tech companies to “rectify prominent problems” on their platforms, a sign that...

Quantum computing could be brought to bear on some of the most complex calculations in financial markets within five years, considerably...

 US household incomes last month surged by the most on record, boosted by a fiscal stimulus that also drove a sharp increase in...

San Mateo based cloud-native payments company raised $11m in Series A funding led by Nyca Partners. 

New York based fixed interest rate borrowing company based off Ethereum raised $10m in Series A funding led by Pantera Capital. 

San Francisco based tax filing software for gig workers, creators and freelancers raised $13m in Series A funding from e.ventures, Matrix...

Congratulations to Open Co Co-Founder and CEO Rafael Pereira, who was named to Financial Technology's list of top 50 CEOs. This year’s...

A survey by the National Institute on Retirement Security (NIRS) found that about half of Americans are now more concerned about their...

About 2.7m Americans age 55 or older are contemplating retirement years earlier than they’d imagined because of the pandemic, government...

The unprecedented surge in shares and home values during an economic crisis is easing the retirement path for those who have savings and...

Portfolio company OpenCo's CEO - Rafael Pereira - made the selection of 50 CEOs. He brings with him many years of expertise in building...

Fintech is booming across Latin America and the Caribbean, but regulation and access to post-seed stage capital remains challenges, say...

UK based cryptocurrency derivatives exchange raised $18m in Seed funding led by Y Combinator and Pantera Capital.

After reviving Google Pay in November of last year, Google has recently announced two new features - shopping options and spending...

Brazil based financial institution raised $55.6m in Series C funding led by GIC.

Berlin based digital asset custody platform raised $22m in Series A funding led by Balderton Capital.

New York based cryptocurrency infrastructure and white-label services platform raised $300m in Series D funding led by Oak HC/FT.

The company, which will be named Partior, will leverage blockchain technology and digitize M1 commercial bank money, with the aim of...

Greece based neobank aimed at small and medium merchants raised $80m in Series D funding from Tencent, the European Bank for...

San Francisco based blockchain developer platform raised $80m in Series B funding led by Coatue and Addition. 

Rhode Island based mobile app and web platform that builds software to help users split expenses raised $20m in Series A funding led by...

Big congratulations to MoneyLion, Brad Keselowski and their partners at Team Penske for winning at Talladega! Keselowski’s overtime...

The U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify...

The venture sector has long been defined by big wins on disruptive tech companies, balanced by far more numerous losing bets. But in...

Airbnb’s use of Visa’s real-time push payments platform — Visa Direct — enables hosts to easily move money from Airbnb to a bank account...

Gemini announced details of its first-of-a-kind cryptocurrency rewards credit card, including a partnership with Mastercard and WebBank,...

Stripe will be integrating TaxJar technology into its revenue platform — where it will sit alongside Stripe Billing (its subscription...

UBS said it lost $861m following Archegos’s implosion, a bigger hit than analysts expected. Meantime, Japan’s Nomura, which flagged...

In addition to its recent strategic investment in crypto infrastructure firm Securrency, U.S. Bank, part of U.S. Bancorp, the...

JPMorgan Chase is preparing to offer an actively managed bitcoin fund to certain clients, becoming the latest, largest and – if its CEO’s...

Atlanta based provider of an app and debit card products aimed at helping parents teach children how to save raised $260m in Series D...

Tel Aviv based mobile and crypto wallet raised $20m in Series A funding led by Insight Partners.

Detroit based platform for financial advisors raised $10m in Series A funding led by General Catalyst.

San Francisco based provider of financial services for teens and families raised $100m in Series C funding led by General Catalyst. 

New York based digital challenger bank raised $220m in Series D funding led by a16z.

The firm said its new name "Abrdn" would still be pronounced "Aberdeen", but that the rebrand would make it "modern" and "dynamic". An...

San Francisco based corporate credit card provider tailored to start-ups raised $425m in Series D funding led by Tiger Global.

Silicon Valley Bank and FinTech Collective invite you to join us for a discussion around the state of both LATAM and US Fintech markets....

A corner of the debt capital markets known for still sending official notifications via email and even the occasional fax is poised for a...

Washington based clearing and custody broker-dealer for U.S. listed equities and options raised $20m in Seed funding from Investors...

Washington D.C. based blockchain financial and regulatory tech company raised $30m in Series B funding from investors including...

India based robo-adviser app raised $25m in Series D funding led by Sequoia Capital India. 

In just 14 days, Morgan Stanley’s FS/NYDIG fund has become one of the most popular private bitcoin vehicles, beating out far older...

Klarna, the fintech frontrunner, has chosen Milkywire, a new digital platform for enabling impact through grassroots NGOs, as their...

With incoming open banking rules, Chile’s regulator aims to lay the foundations for collaboration between players in financial services.

Mercado Pago’s mission has been to ignite the ecosystem that MercadoLibre has built. The latest example of that ignition is the Mercado...

The rise of fintech innovation and demand for online banking tools amid the pandemic has propelled Latin America to undergo a digital...

Santander has teamed up with Prosegur Cash to launch an in-store digital cash management service in Spain that puts the notes and coins...

Saudi Arabia's Saudi Payments Network is teaming up with IBM and Mastercard to launch instant payments in the kingdom. The country’s new...

Saudi based BNPL platform raised $100 million in Series A funding led by Checkout.com.

Brazil based real estate platform raised $100 million in Series D-2 funding led by Baillie Gifford.

New York based securitization platform raised $12.5 million in Series A funding led by White Star Capital and B Capital.

India based cryptocurrency investment platform raised $25m in Series B funding led by Tiger Global. 

San Francisco based  financial services company for SMEs in emerging markets raised $34.3m in combined Series A and debt funding led...

Nashville based IRA platform raised $17m in Series A funding led by Unusual Ventures.

Amsterdam based neo-broker raised $80m in new funding led by Prosus Ventures and Tencent.

Congratulations to portfolio company NYDIG on its acquisition of Arctos Capital, a technology-driven commercial lender that provides...

If the price of Bitcoin were to reach $200,000, Coinbase CEO Brian Armstrong observed recently, half of the world’s billionaires would be...

First American is a privately-owned large-scale payment processor that facilitates payments in-store and online. It provides tools and...

Just last month, special purpose acquisition companies celebrated a head-turning milestone by breaking their 2020 issuance record in just...

San Francisco based Affirm announced that it has struck a deal to acquire Returnly, which deals with online returns and post-purchase...

New York based wealth management platform raised $2.75m in Seed funding led by True Ventures.

The retail giant this past fall introduced the Amazon One scanner, which allows shoppers to enter a store by having their palm scanned....

Brian Brooks, the former Coinbase executive who helmed the Office of the Comptroller of the Currency (OCC) under US President Donald...

Robinhood made trading easy but critics say it's also too hard to resist, making real money feel like a game. The company says the app...

Israel based financial planning provider raised $18.5m in Series A funding led by Zeev Ventures.

Toronto based payments automation startup raised $6.3m in Series A funding led by FINTOP Capital.

San Francisco based international payroll company raised $156m in Series C funding led by YC Continuity Fund. 

Bucharest based global technology provider for banks, insurers and other financial services companies raised €51m in Series B funding led...

The Diem Association, the Switzerland-based nonprofit which oversees diem’s development, is aiming to launch a pilot with a single...

The two companies also announced a strategic partnership that will allow First Foundation and NYDIG to collaborate on connecting the...

Los Angeles based lending service to the cannabis industry raised $8m in Series A funding led by Casa Verde Capital and Sweat Equity...

Boston based startup making it easier to own investment property and optimize returns raised $10m in Series A funding led by G20 Ventures.

Miami based payment processing platform raised $20m in Series A funding led by Altos Ventures. 

Brazil based payment infrastructure startup raised $15m in Series B funding led by QED Investors. 

Canada based e-commerce investor and lender raised $100m in Series C funding led by Oak HC/FT.

In January, the US fintech company became the first foreign firm with 100% ownership of a payments platform in China. But until now,...

Digital identity is a foundational part of Mastercard’s multi-layered approach to security. In 2019, the company introduced a new...

San Francisco based subscription billing and revenue management platform raised $125m in Series G funding led by Sapphire Ventures, Tiger...

New York based banking technology company raised $40m in Series B funding led by CapitalG. 

Venmo is adding support for cryptocurrency immediately. The company says it will begin to roll out the ability for Venmo’s more than 70m...

The two government authorities said they have not yet decided whether to issue a CBDC in the UK but will explore its use cases and risks....

UK based buy now pay later service raised $80m in Series B funding from Gauss Ventures and M&F Fund. 

UK based SaaS startup helping businesses issue corporate cards, manage invoices, and track payments, raised $20m in Series A funding led...

The Wall Street bank is providing 1b reais and the rest will come from local investors. The funds will help the firm start to expand...

India based digital payments company raised $160m in Series E funding led by GIC and Sequoia Capital India. 

China sought to allay fears it wants to topple the dollar as the world’s main reserve currency as Beijing makes bigger strides in...

The UK based digital lender is lining up FT Partners to advise it on a new equity-raise that would take place after the summer.City...

UK based digital challenger bank raised £50m in Series D extension funding led by Goldman Sachs Growth Equity.

Wise, the fintech formerly known as TransferWise, is in discussions with British financial regulators about going public via a direct...

In the first quarter of 2021, exchange-traded ESG portfolios listed in the U.S. took in $14.8 billion in new money. More than half their...

Apple Music told artists it pays a penny per stream, roughly double what Spotify, pays music-rights holders per stream. Spotify pays an...

The Bank of Russia has set out plans to build a prototype digital ruble by the end of the year. The bank has opted for a two-tier retail...

CVC-backed funding soared to an all-time high of $73.1b in 2020, increasing 24% from 2019, despite the overall decline in CVC-backed...

BBVA has fulfilled its commitment to offer a sustainable alternative for its products in Spain – both for individuals and companies.

Digital onboarding has accelerated financial inclusion in Mexico, but regulation “still has room for improvement,” say fintech and...

Coinbase’s public listing documents revealed an unusual set of circumstances for a startup: Its venture arm, Coinbase Ventures, had...

Pitchbook defines the “non-traditional” segment as comprising any investor not from a traditional VC fund, including VC arms of...

New York based maker of financial products for employers raised $27m in Series A funding led by Khosla Ventures and Lightspeed Venture...

Investors are cooling to one of the hottest bets on Wall Street as new regulatory scrutiny of special-purpose acquisition companies cuts...

Hedge fund manager David Einhorn warned of dangers for retail investors that he sees in the market, and one of his main examples was a...

The case is the first enforcement action brought under a state fiduciary rule that took effect in September that raised the...

Saudi Payments, under the supervision of the Saudi Central Bank (SAMA) announced the launch of Saudi Arabia's instant payments system...

Ramp raised the capital in two tranches, the first of which, a $65m investment led by D1 Capital Partners, valued the startup at $1.1b. A...

The partnership, the first of its kind in Africa, will enable merchants to accurately identify legitimate buyers from fraudsters,...

The marriage of machines and humans is often the driver of business innovation, but for Ocrolus, it is more than that – it is the core of...

Congratulations to portfolio company Vestwell, which was named the No. 3 "Best Fintech to Work For" by American Banker. The efforts that...

San Francisco based B2B payments company raised $30m in Series B funding led by Sam Altman and Jack Altman. 

Coinbase Global Inc. fetched an $85b valuation in its stock market debut Wednesday, a watershed moment for an industry that began a...

Atlanta based restaurant payment app raised $24m in Seed funding led by Coatue.

Getting a shot at a coveted investment banking or finance job is a cutthroat, and sometimes controversial, business in China. Career...

Zurich based social trading platform for decentralized finance raised $5m in new funding led by Polychain Capital and Beacon.

San Francisco based payroll data sharing company raised $5m in Seed funding led by Gradient Ventures.

San Francisco based neobank for SMBs raised $20m in new funding from Kleiner Perkins, Foundation Capital and SVB. 

Japan based QR code payments company raised $61m in new funding led by KKR.

The pandemic threatened to clobber Stripe. Instead, it turbocharged the company. Stripe’s revenue last year rose nearly 70%, to about...

New York based Etherium startup studio raised $65m in new funding from investors including J.P. Morgan, Mastercard, UBS, CMT Digital,...

Chicago based car insurance startup raised $200m in Series D funding led by Eldridge. 

Swedish payments company Trustly has become the latest fintech start-up to announce its intention to list on the stock market, seeking a...

The company will now pay non-employee directors in bitcoin, citing its commitment to the cryptocurrency “given its ability to serve as a...

 In early March, tens of thousands of English homebuyers were still scrambling to complete their purchases before a Covid relief...

Nigeria based developer of software for financial institutions raised $10m in Series A funding led by CardinalStone Capital Advisers.

Money flowing to stocks globally in just the past five months ($576b) has exceeded the inflow seen over the prior 12 years by well over...

In a statement, the People’s Bank of China said Ant representatives were summoned to a meeting Monday with four regulatory agencies that...

Austin based insurance comparison site raised $150m in Series D funding led by an unnamed investor.

New York based digital mortgage lender raised $500m in new funding led by Softbank.

New York based decentralized network for climate data raised $3.5m in Seed funding led by CoinFund. 

New York based platform for financial institutions to move money in real-time raised $21m in Series A funding led by Bain Capital.

San Francisco based social investing platform raised $3.2m in Seed funding led by Upfront Ventures.

Egypt based digital payments start-up raised $18.5m in Series A funding led by Global Ventures. 

For the first time since the 1990s, the global ­middle class shrank last year, according to a recent Pew Research Center estimate. About...

State Street said it would partner with Pure Digital, a start-up that aims to offer cash cryptocurrency trading for investors through...

The FT's Alphaville argues that the stand out concern remains that the current framework under which Coinbase is regulated (a money...

Nu Mexico, as the unit is known, is receiving a $70 million capital injection from its Brazilian parent company while JPMorgan, Goldman...

MoneyLion Founder and CEO Dee Choubey reacts to JPMorgan CEO Jamie Dimon’s comments on fintech, and why customers are flocking to banking...

Its biggest challenge, says Patel, is to underwrite the population and pay the healthcare provider upfront in cash. It then collects from...

Fintech companies are set to win significant market share from banks says JPMorgan's Chase chief Jamie Dimon, who laments the regulatory...

Walmart has shared few details on the fintech venture thus far, but the world’s largest retailer filed for a trademark on the name on...

The claims are outlined in legal documents that U.S. prosecutors and the Securities and Exchange Commission released this week alleging...

New York based US and Mexico trade startup raised $12m in Series A funding led by QED Investors.

MoneyLion announced that it will introduce new capabilities enabling members to buy, sell and earn digital currencies. This includes a...

Israel based stock research platform raised $77m in Series B funding led by Prytek and More Investment House. 

London based open banking platform raised $70m in Series D funding led by Addition. 

Sweden has strengthened its position in the race for a central bank digital currency (CBDC) after concluding the first phase of testing...