Category : Fintech

Buy Now, Pay Later Schemes To Double Their Market Share By 2023

It must not be assumed that mature consumer payments schemes do not exist in regions in which most people pay with cash, but concerns persist around whether these products add pressure to a country’s debt pile - or an individual’s - especially as reg...

Empowering Women in STEM Employment

It’s known that the number of men working in science, technology, engineering, and mathematical (STEM) industries is higher compared to women. In 2017, research revealed that the STEM workforce was only made up 20% by women, with this figure being 10...

Fintech CAC and the Great Credit Card Craze

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re getting two items out of my notebook while sticking to our recent fintech theme (Q1 fintech VC results here and...

Global payment processor, Checkout.com makes its first acquisition, French startup ProcessOut.

Checkout.com, a leading global payment solutions provider, announces today that it has acquired French payment company ProcessOut. This is the first acquisition by Checkout.com, which raised a record-breaking Series A of $230 million in 2019. Proce...

Barclays and OpenFin are offering a unique opportunity to win a £20,000 that could take your business to the next level

Barclays and OpenFin are committed to supporting all types of companies – from growing startups to established businesses that are shaping the future of financial services. Barclays and OpenFin are offering a unique opportunity to win a £20,000 ca...

Ascent integrates AI tech across transactional liability portfolio

Specialty MGA Ascent Underwriting has integrated Luminance’s machine learning technology in an effort to expose potential risks across its transactional liability portfolio. Luminance is an artificial intelligence platform leveraging a pattern-detect...

Japanese Payment Solutions Firm Invests in Grab

Together with MUFG's $726 million investment, the super-app has raised $876 million for its financial services push.

The Financial Industry could lose up to US $1 Trillion If it fails to respond to climate change

Financial institutions can reduce risk and increase earnings potential by reallocating capital to green companies and investments The financial industry could lose up to $1 trillion in the event of major policy shifts that aim to slow climate chang...

Square Gears Up To Report Fourth-Quarter Results; Shorts Take Cover

Square is gearing up to report fourth-quarter earnings this week and shorts are bracing for upside out of the payments company.

Chargebacks911 Wins Best Technical & Service Provider Organisation at MPE Awards 2020

Award recognises Chargeback911’s success in tackling the $100 billion+ chargeback problem Chargebacks911, the dispute management specialist, has been named the Best Technical & Service Provider Organisation at the Merchant Payment Ecosystem (MPE...

Singapore-Based Digital Bank Raises Funds for Philippines Launch

Tonik, the first digital-only bank in Southeast Asia, has closed its first institutional round of funding.

For investors, late-stage fintech startups are a lucrative bet

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Over the past three months, a number of financial events have occurred in the fintech and finservices world that have caught our ey...

Soon, You’ll be able to see your credit score in Monzo

We’re really excited to let you know that we’ve been working on showing you your credit score, for free, right inside the Monzo app! You’ll be able to see your score in just a few taps – no need to fill out any long forms. We’ll explain what your sc...

London Market upping tech investment to maintain relevance: survey

Research from consulting and IT services provider NTT DATA UK suggests London Market investment in modernisation efforts will double over the next three years. The research surveyed 100 senior London Market syndicates, brokers and managing agents, an...

Dublin to become Mastercard’s Technology Hub for Europe with 1500 new jobs and new campus site in Leopardstown

1500 jobs to be created over three years to five years, in addition to Mastercard’s existing 650+ employees One and Two South County buildings will be at the heart of a new tech campus site in Leopardstown, South Dublin. Mastercard has to...