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Thursday, March 23, 2023

Miné Lombard

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Europe sees surge in FinTech M&A activity in 2022, with over 10 notable deals announced, totalling $76.8 billion invested

Mergers and Acquisitions (M&A) in the FinTech space have seen a significant uptick in recent years...

FTX troubles continue

rency exchange FTX is facing a difficult time as it battles allegations of fraud and theft. 

Jupiter, Indian Neobanking Startup Secures $12 Million in Venture Debt Financing

India-based neo-banking start-up Jupiter has raised INR 100 crore ($13.5m) in venture debt from Alteria Capital to fund the expansion of its lending products. 

Neobank Ruuky goes bankrupt

German neo-bank Ruuky filed for bankruptcy after a failed round of financing.

NorthOne joins The Clearing House’s Real-Time Payment Network

NorthOne is partnering with The Bancorp Bank, N.A. to join The Clearing House's Real-Time Payment network. 

Banks partner with FinTechs to leverage innovative digital technologies

Many leading banks are turning to FinTech partnerships to drive innovation. 

Banks Worry USDC Stablecoin Could Turn into ‘Backdoor CBDC’ with BlackRock’s Assistance

The Bank Policy Institute (BPI),raised concerns that a proportion of the USDC stablecoin reserves could be parked at the Federal Reserve, despite the stablecoin issuer not having a central bank account.

The Top FinTech Stories of 2022

The fintech industry experienced a mix of highs and lows in 2022. Some of the biggest news happened, and we're unpacking it all...

Enabling FinTech Card Issuance for Electronic Payments

Financial technology (Fintech) companies are increasingly issuing cards in order to provide their customers with greater access to financial services.

Growth of Neo Bank Market boosted by rising internet usage and growing consumer base

The global neo-bank market is expected to see significant growth in the coming years...

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Is the Fintech Bubble About to Burst? Lessons from Credit Suisse’s Collapse

Last week, UBS acquired Credit Suisse in a $3.25 billion rescue deal. This event has raised concerns about the viability of business models of highly valued fintech startups.

Zeta and Featurespace Join Forces to Offer Innovative Credit Card Processing and Fraud Detection Solution

Modern core banking technology provider Zeta and fraud prevention company Featurespace announced a new partnership on March 22, 2023.

Fintech Companies Put a Hiring Freeze Due to Economic Climate

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