According to Belvo, the new product will function as a gate for users to initiate payments directly inside third-party apps.
According to data from FT Partners, the third quarter brought the highest financing deal count ever with 412 transactions; banking (including p2p lending) and payments had the most deals in the quarter; transactions of note include Softbank’s $250 million investment in Kabbage and raises by Toast Inc. and Raise Marketplace. Source
Looking to begin testing blockchain technology for various use cases later this year, the New York City Economic Development Corporation...
BNY Mellon is one of the oldest banks in New York; Roman Regelman who is head of digital at the...
Founded in 2018, Ali offers payroll loans to the employees of its partner companies to help reduce their debt.
American Banker has released their inaugural “Best Fintechs to Work For” list; they highlight some of the unique perks fintech companies are offering their employees; some of the names making the list are Best Egg, PeerStreet, nChino, SmartBiz Loans, Nav, Cross River Bank, Jumio and Oportun. Source
These funds should allow Blipay to expand its credit line in the payroll anticipation sector — where it seeks to become a relevant player.
Despite the declines seen in the sector in 2018, many analysts see 2019 as the year blockchain innovation will begin...
Saque y Pague will seek to strengthen its regional network and install 2,000 of its self-service terminals in the Colombian market.
Neon's fundraising comes at a time when the banking sector has seen default rates increase in Brazil.