News (808)
Fox Finalizes Deal to Buy Major Stake in Australian Fintech
- Tuesday, 22 October 2019
- News
- Written by FinTech News Brief Staff
Fox Corp. closed a $265 million deal to buy fintech Credible Labs, a publically traded company in Australia, and will take ownership of 67% of the company. So reports Deadline.
Read more...Digital Financial Services Filling Gap in SE Asia’s Unbanked: Study
- Sunday, 13 October 2019
- News
- Written by FinTech News Brief Staff
Digital payments and e-wallets are becoming more popular in Southeast Asia, according to a new study. So reports the Entrepreneur.
Read more...Ashton Kutcher-Backed FinTech Cannot Pay Workers, CEO Says
- Sunday, 13 October 2019
- News
- Written by FinTech News Brief Staff
Neighborly, a fintech backed by actor Ashton Kutcher, will not be able to make payroll. So reports Yahoo Finance.
Read more...London Tops NYC in Fintech Investment
- Friday, 27 September 2019
- News
- Written by FinTech News Brief Staff
London has topped New York with respect to this year's largest fintech fundraising deals. So reports CNBC.
Read more...JPMorgan Invests in Fintechs Aimed at Low-income Americans
- Friday, 27 September 2019
- News
- Written by FinTech News Brief Staff
JPMorgan Chase & Co is planning to invest $25 million in fintechs geared toward servicing low-income individuals. So reports Reuters.
Read more...Fintech Lending Cuts Deep into Traditional Bank Shares: Report
- Friday, 27 September 2019
- News
- Written by FinTech News Brief Staff
Competition in the personal lending space is heating up between traditional institutions and fintechs, according to a recently released report from credit reporting agency Experian.
Read more...Pair Busted in Alleged Cryptocurrency Extortion Scheme
- Saturday, 21 September 2019
- News
- Written by FinTech News Brief Staff
U.S. authorities arrested Steven Nerayoff and Michael Hlady for allegedly threatening to destroy a cryptocurrency startup company if they weren’t given millions worth of the digital money. So reports Cointelegraph.
Read more...Female Fintech Founders Get Dedicated Studio in NYC
- Friday, 20 September 2019
- News
- Written by FinTech News Brief Staff
Early-stage fintech investment company Anthemis teamed up with Barclays, a bank and service provider, to create a Female Innovators Lab based in New York. So reports Fast Company.
Read more...Stripe Pulls in $250M in New Funding, Valuation Hits $35B
- Friday, 20 September 2019
- News
- Written by FinTech News Brief Staff
On the backs of investments from Sequoia, Andreessen Horowitz General Catalyst and others, Stripe has hit a $35 billion valuation. That makes it one of the most valuable companies in Silicon Valley. So reports CNBC.
Read more...Florida Makes Strong Push to Enter Fintech Sanbox Game
- Wednesday, 18 September 2019
- News
- Written by FinTech News Brief Staff
Florida is looking to join the select rank of states sanctioning and facilitating new fintech activity as Gov. Ron DeSantis announced a number of initiatives aimed at encouraging the sector's growth.
Read more...
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