Financing of international trade is such a complex and cumbersome business that by some estimates there’s a gap of more than $1.5 trillion between demand and supply. A new wave of startups, many using blockchain-based technology are...
KEY TAKEAWAYS Telco companies have helped mobile payments find a near $2.1 billion market in Africa. However, as the market is maturing, traditional banks and fintechs are catching up to telcos to provide functions past purely convenience for mobile...
KEY TAKEAWAYS New financial technologies, such as digital wallets and commission-free investment platforms, are bring financial services to new, previously underserved demographics. Key Market Movements ICICI Bank, India’s largest private sector bank, reached a definitive agreement with ePayLater to acquire a...
KEY TAKEAWAYS New financial technologies, such as digital wallets and commission-free investment platforms, are bring financial services to new, previously underserved demographics. Key Market Movements ICICI Bank, India’s largest private sector bank, reached a definitive agreement with ePayLater to acquire a...
KEY TAKEAWAYS New financial technologies, such as digital wallets and commission-free investment platforms, are bring financial services to new, previously underserved demographics. Key Market Movements ICICI Bank, India’s largest private sector bank, reached a definitive agreement with ePayLater to acquire a...
KEY TAKEAWAYS Two billion people remain outside the banking system, though that figure is now falling fast thanks to new mobile technologies. Savvy government policies are also helping to usher in the “cash-less” era. A pair of up-and-coming firms...
KEY TAKEAWAYS As incumbent banks and insurance companies struggle to compete using legacy IT systems and infrastructure, disruptive new banking and financial services platforms are taking market share. Global fintech investment in 2017 remains historically strong, matching the $31B...
On Our Radar: Deals we are paying attention to for their impact on industry. Boston-based IDG Capital has led a Series C funding round for the Japanese cryptocurrency Liquid.com, contributing an undisclosed amount that has propelled the five-year-old startup to unicorn status. It’s...
On Our Radar: Deals we are paying attention to for their impact on industry. U.S. investment bank Warburg Pincus said Tuesday it will invest $221 million into the Israeli credit card business it purchased last month from Bank Leumi and...
On Our Radar: Deals we are paying attention to for their impact on industry. The cloud-based payments platform Bill.com has raised $88 million in a funding round led by Franklin Templeton. That puts the company’s overall valuation at above $1 billion, according...
Sound Businesses: Profiles of companies and business models we are keeping an eye on. At its core, Truepic is a free, consumer-facing app that allows anyone, anywhere to authenticate images. Recently celebrated by Fast Company magazine as the top startup in the social good...
On Our Radar: Deals we are paying attention to for their impact on industry. Fidelity National Information Services Inc. (FIS), a Florida-based fintech giant, announced its purchase of payment processing and technology provider Worldpay Inc. in a statement on Monday as the...
- Advertisement -
Bitnami