Last month, Tradeshift, a platform for supply chain payments that has achieved unicorn status in recent years, had some good news and some bad news. It announced a Series F funding round of $240 milli
Payments and lending spring to mind as “classic” fintechs, but other models like regtech, compliance, human resources and marketing are on the ascent.
Last summer, the Seattle-based startup Remitly closed a $135 million round to go beyond money-transfer services into a wider range of financial products catering to its primarily-immigrant customer ba
The proliferation of data breaches based on leaked passwords, and the rising tide of regulation that puts a hard stop on just how much user information can be collected, stored and used by companies h
“They’re idiots, they’re really naive,” is how Stevie Graham, the co-founder of fintech Teller, once described Open Banking Limited, the body charged with delivering open banki
Nigerian digital payments startup Paga has acquired Apposit, a software development company based in Ethiopia, for an undisclosed amount. That’s just part of Paga’s news. The Lagos based
The Catalyst Fund has gained $15 million in new support from JP Morgan and UK Aid and will back 30 fintech startups in Africa, Asia, and Latin America over the next three years. The Boston based accel
Tink, the European open banking platform, is disclosing €90 million in new funding, just 11 months after the Sweden-headquartered company announced a €56 million round of funding. Co-leading this
Visa announced today that it is buying financial services API startup Plaid for $5.3 billion. Plaid develops financial services APIs. It is akin to what Stripe does for payments, but instead of faci
It’s no secret that the Google Cloud management team has decided to focus its efforts on a select number of enterprise verticals like healthcare, manufacturing, financial services, energy and li
Two years ago, we created the Matrix FinTech Index to highlight what we saw as the beginnings of a 10+ year mega innovation wave in financial services.
If you haven’t noticed, Europe’s startup scene is in full bloom, with more than $30 billion deployed in startups across the continent over the last 12 months and more than 20 countries now
In a world where people access their financial services through one universal hub, which companies are the best-positioned to win?
Fintechs are heavily verticalized, recreating the offline branches of financial services by bringing them online and introducing efficiencies, but the next decade will look very different.
The directional trends are clear: chatbots are an important component of our AI-driven future, and the C-suite is taking notice.
Over the last few years, we’ve seen the rise of fintech startups like N26 and Monzo to challenge the incumbents with new products like challenger banks. But what if the big banks wanted to compete i
Because many Latin American gig economy workers don't have access to basic financial services like bank accounts, personal loans and insurance, fintechs are springing up to serve them.
It didn’t take much for the founders of Cora, Brazil’s newest startup to tackle some aspect of the broken financial services industry in the country, to raise their first $10 million. Igor
One of the biggest trends in the world of financial technology has been an ongoing push towards consolidation, where larger fish are snapping up smaller fish (including a proliferation of interesting
Salv, an anti-money laundering (AML) startup founded by former TransferWise and Skype employees, has raised $2 million in seed funding. The round is led by Fly Ventures, alongside Passion Capital and