Today’s FinTech News Roundup
Diving into the Future: A glimpse into today's FinTech revolution, from global startups challenging the status quo to groundbreaking technologies…
Fintech Sector Faces Critical Test
The 2008 Global Financial Crisis, while being the most devastating economic upheaval since the Great Depression, paradoxically played a pivotal…
Nigerian Finance Platform Anchor Secures $2.4M Investment for Banking-as-a-Service
Anchor, a Nigerian finance platform specializing in Banking-as-a-Service (BaaS), has successfully raised $2.4 million in seed funding. This funding round…
Fintech as a Service: A Thriving Market Set to Surpass $995.9 Billion by 2032
The fintech as a service market is on an extraordinary trajectory, projected to reach a remarkable valuation of USD 995.9…
Spend Management Fintech Ramp Secures $300M Funding Amid Explosive Growth
New York-based fintech powerhouse Ramp has successfully raised an impressive $300 million in funding, a testament to its remarkable growth…
UK Unveils £1 Billion Fintech Fund to Enhance Competitiveness Against Silicon Valley
With the backing of prominent entities including Mastercard, Barclays, and the London Stock Exchange Group, this fund addresses a significant…
How AI Poses Higher Fraud Risks in Fintech
The Fintech field, where technology meets finance, has a growing issue: AI is making fraud more common. In the past,…
Mastercard Set to Invest in MTN’s $5.2B Fintech Venture
Mastercard, a global leader in financial technology (fintech), is preparing to acquire a minority stake in the fintech division of…
The Ascending Influence of BNPL in Fintech Platforms
Fintech platforms are increasingly relying on Buy-Now-Pay-Later (BNPL) services to drive growth, as major players like PayPal and Block strive…
Varo Bank Earns Prestigious Spot on CNBC’s 2023 List of Top Fintech Companies
Varo Bank, N.A., a pioneer as the first nationally-chartered consumer techbank in the United States, proudly announces its inclusion in…