In a ground-breaking report, the august consulting firm PWC predicted a 6% growth in Assets under Management (AuM) on a breathtaking base of $100 trillion in 2020.
Sep 28, 2021
Latest Posts
Mastercard is officially taking on BNPL (buy now, pay later) competitors, announcing a new program called “Mastercard Installments” for U.S., Australian and U.K. markets set to launch in the first quarter of 2021, according to a press release.
Sep 28, 2021
Highnote, a full-stack embedded finance platform, emerged from stealth on Tuesday with $54 million in combined funding from both a Seed and Series A round.
Sep 28, 2021
Coalition, a San Francisco-based cyber insurance and security company, announced raising a $205 million in a funding round co-led by Durable Capital, T. Rowe Price and Whale Rock Capital, according to a press release.
Sep 28, 2021
Community banks still struggle to adopt new technology that makes them competitive with neobanks, and they rarely have the product and engineering resources to build scalable tech solutions from the ground up.
Sep 27, 2021
According to a new study published by personal finance company Credit Karma, 44% of Americans have used BNPL to acquire an item they needed, with 65% of respondents saying they have used these services for products less than $500. The issue: 34% of those BNPL users reported they fell behind on one or more of […]
Sep 27, 2021
Santander-run payment fintech PagoNxt announced plans today to close its international money transfer service application, designed to rival Revolut and Wise, on November 30, according to Finextra.
Sep 27, 2021
Fintech revenues are not taking the sort of valuation hit you would expect from their reality of lower-margin, non-recurring incomes.
Sep 24, 2021
Barclays announced today that it has hired Amazon head of European payments Antony Stephen, placing him as CEO of the Barclays Partner Finance (BPF) business and in charge of scaling the multinational bank’s point-of-sale business in the UK, according to a press release.
Sep 23, 2021
Ocrolus, a New York-based startup offering document processing automation for fintechs and banks, announced raising a $80 million Series C led by Fin VC, according to a press release.
Sep 23, 2021