Tag: Fintech

Analysts are pointing to London as the world's rising star for B2B and enterprise financial technology startups. Read more: www.pymnts.com

Fintech is transforming the very nature of how business is being conducted by upping productivity, streamlining our existing financial infrastructure and bringing new services to consumers. Read more: www.techbullion.com

Africa is the largest unserved market that has dropped out of sight of the global financial system, many adult Africans lack access to formal financial services. Read more: www.letstalkpayments.com

Practically every large social network – global and regional – now is steadily marching towards the payments arena, where most large networks offer some form of person-to-person payment capability. Read more: www.letstalkpayments.com

Three Canadian companies have announced new investments in the UK and have created around 150 jobs with more commitment to expand in the future. Read more: www.econotimes.com

Financial services compliance management software maker Convercent has snapped up $11m of Series C funding thanks to investors including Tola Capital and Sapphire Ventures.

Digital self-service shopping startup MUUME has picked up CHF2.2m ($2.28m) of growth financing led by German investor Heliad Equity Partners.

Without the budget to develop technology internally like larger banks, many are turning to fintech as a way to pursue tech innovation. Read more: www.americanbanker.com

Financial management tool startup Cloudability has raised a $24m Series B round led by the Foundry Select Fund.

Germany’s competition watchdog, the Bundeskartellamt, is giving fintech companies in the country more room to operate with a new decision.