UP Fintech Holding is an online broker based in China and has raised $104 million by offering 13 million ADS...
The company has raised a $200 million Series D round which was led by DST Global; new investors include Coatue,...
The ability to bolster human knowledge in a short amount of time is a tantalizing prospect for the application of artificial intelligence.
Ongoing uncertainty in BNPL regulation could make streamlined links between traditional providers and merchants to provide solutions key.
The two companies will offer a suite of point of sale of devices and semi-integrated apps for merchant payment processing; the partnership will also enhance the efficiency of payments for merchants both through better communication from multiple devices and through more efficient connectivity with banks and the payments ecosystem. Source
Uber, the driving service, has launched a debit card product in Latin America, in conjunction with innovative bank, Bankaool; the continent as a whole demonstrates 1.1 mobile phone connections per capita, yet only 14% of the overall population has a traditional savings account; it's difficult to obtain a debit or credit card without being able to link it to a bank account with savings; Bankaool claims to be the first Mexican-based bank where you can fully open a bank account or obtain a card via an online application; Uber acknowledged that a payment card was essential for riders using its service. Source
The tech focused small business lender, Kabbage, has announcement the acquisition of Orchard, the leading loan analytics provider in the...
Sequoia Capital, a well-known venture capital investor in technology, has announced executive changes that will empower a new generation of leaders for the firm; in an announcement this week Jim Goetz has named Roelof Botha as his replacement; Roelof Botha will take over Goetz's responsibilities as a Sequoia steward; Alfred Lin will also be replacing Goetz in his role managing Sequoia's United States venture business; Mr. Goetz also provided a letter to investors this week providing more insight on the changes. Source
Trust in DeFi has suffered multiple knocks over the years. Trade surveillance could be the key to building it back up.
A drawn-out workers’ strike at Brazil's central bank in protest of wage increases is having an unexpected impact on the fintech industry.