UK Fintech Paysend expands its North American operations to Canada
global end-to-end payments provider Paysend has announced that U.S. consumers can now electronically send money to friends and family in Canada.
This startup is giving customers early access to billions in stimulus checks
During the Covid era, the battle between banks and fintechs is expanding to see which can pay out stimulus checks the fastest.
Stripe has raised a new round of funding to accelerate momentum in Europe
Stripe, which builds economic infrastructure for the internet, has raised a $600 million (€500 million) funding round at a $95B (€80B) valuation.
UK antitrust regulators give Visa’s fintech acquisition a green light
The United Kingdom Competition and Markets Authority, has given the go-ahead to Visa’s acquisition of fintech startup Plaid.
About FinTech
About FinTech The global events that occurred in the mid 2000's provided the perfect storm for this emerging industry. The GFC meant that experienced people lost their jobs, there was declining costs involved for startups and an increasing number of new graduates with no industries to enter, meant the talent that usually advanced the banks' dominance were encouraged to build their own businesses. The enormous success of early entrants such as PayPal and Square has had a profound effect on the industry with smart people the world over making products that focus on the user not the “middleman” (bank/incumbent). As more and more people are discovering FinTech they are realising […]
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