PYMNTS

NOVEMBER 12, 2020

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. The London-headquartered startup is striving to help startups and other firms “prototype, launch and scale financial products within their own customer experience.”.

Startups 88

Startups Leadership Financial Systems Banking 88

PYMNTS

DECEMBER 1, 2019

“Your Central Bank today is more committed to creating wealth and putting in place strong policies for creating jobs for our growing youth population; your Central Bank today is ever more committed to promoting a more stable and resilient financial system,” he said. Other examples include FairMoney and PalmPay.

Manufacturing 101

Manufacturing Banking Financial Systems Startups 101

The Finance Weekly

MARCH 16, 2023

SVB may have been a unique case as its customers were mostly startups, and primarily tech startups. While smaller startups might have less options for banking or might receive lower interest rates, a widespread crisis seems to be avoided for now. Will this create a ripple effect?

Leadership 105

Leadership CFO Startups Compliance 105

PYMNTS

OCTOBER 12, 2016

Blockchain startup contests. With €15,000 in prize money ready to be handed out, BlockchainHub Graz and industry partners have announced a Blockchain Startup Contest. That money will be awarded through two categories: software and hardware startups. The Blockchain Startup Contest is the very thing that the industry needs.

Startups 77

Startups Securities Financial Systems Technology 77

Global Finance

OCTOBER 9, 2024

Lastly, while fintech startups may have attractive offerings, they find themselves cash-strapped on the heels of a weak fundraising environment. Among the early-stage companies that were acquired this year, there’s consumer credit startup Petal, which sold to Mexico’s Empower Finance in April. Young, Hungry… Risky?

Mergers and Acquisitions (M&A) 100

Mergers and Acquisitions (M&A) Startups Treasury Banking 100

PYMNTS

MARCH 7, 2017

Aiming to back and support FinTech startups focused on the underserved, Accion International and VC Quona Capital raised $141 million in funding. According to a report , the funding came from multiple institutional investors in support of FinTech startups that focus on those who are shutout of traditional banking systems around the globe.

Startups 40

Startups Education Financial Systems Economics 40

PYMNTS

OCTOBER 18, 2020

million to humanitarian aid organization Mercy Corps , intending to bolster the non-governmental organization's efforts to help create economic opportunities for those in areas with flawed financial systems, according to Invezz. The existing financial system is fragmented, antiquated, and exclusionary — leaving 1.7B

Nonprofit 76

Nonprofit Financial Systems Education Startups 76

PYMNTS

AUGUST 10, 2017

For banks, API solutions can help older financial institutions find innovative partners and, as a result, offer newer financial services. For FinTechs, APIs can get these startups working more effectively with banks’ legacy systems instead of building new systems on their own. More APIs, More Interaction.

Banking 80

Banking B2B Startups Foreign Exchange 80

Global Finance

JULY 29, 2024

Higher interest rates have given banks some relief over the past few years, increasing their net interest income while hampering competitors—particularly fintech startups dependent on equity financing. Banks inject trust into the financial system,” says Sandeep Vishnu, a partner at industry consultant Capco.

Banking 104

Banking Profit and Loss Financial Systems Technology 104

PYMNTS

NOVEMBER 28, 2019

The stock-trading startup is voluntarily pulling its bank charter application with the Office of the Comptroller of the Currency, which was submitted earlier this year. Robinhood will continue to focus on increasing participation in the financial system and challenging the industry to better serve everyone,” a spokesperson told CNBC.

Banking 75

Banking Valuation Cash Management Currencies 75

PYMNTS

JANUARY 27, 2021

Payroll infrastructure startup Check , which purports to simplify the payroll process, launched publicly Wednesday (Jan. Financial services and payments in particular have seen progress in the last 10 years, the release stated. “By 27) with $35 million in Series B funding, according to a press release.

Accounts Payable 71

Accounts Payable Financial Systems Startups Accounting 71

CFO Talks

MARCH 4, 2025

Example: A tech startup was facing delays in launching a new app. Now imagine losing all your financial records! Thats why businesses are moving to cloud-based financial systems. How tech makes financial management easier: Cloud Accounting (Xero, QuickBooks) Access your numbers anywhere, anytime.

Budgeting 52

Budgeting Forecasting Invoicing Sales 52

PYMNTS

MAY 29, 2019

BalanceHero, the startup behind the popular Indian digital payments app True Balance , has roughly 60 million registered users and recorded $100 million in gross merchandise volume (GMV) sales. Reporters, citing company spokesperson Yongsung Yoo, said the startup has raised $42 million in venture funding.

Sales 51

Sales Startups Currencies Financial Systems 51

PYMNTS

MARCH 4, 2019

Circle , the payments startup backed by Goldman Sachs, announced on Monday (March 4) it closed on its acquisition of SeedInvest , an equity crowdfunding platform that operates a registered broker-dealer. The completion of the deal comes as talk abounds that the company wants to raise $250 million in fresh capital.

Startups 51

Startups Financial Systems Securities Retail 51

PYMNTS

NOVEMBER 1, 2018

They will also facilitate a FinTech acceleration program to support startups that work to optimize the digital ecosystem for micro-merchants. The companies will work together to develop solutions through research, data analytics and research and development capabilities for both existing and future programs.

Technology 67

Technology Financial Systems Startups Securities 67

PYMNTS

NOVEMBER 13, 2019

The branding will reflect the financial institutions and not Google. Our approach is going to be to partner deeply with banks and the financial system,” Google VP of Product Management Caesar Sengupta told WSJ. “It Code-named Cache, the accounts will be handled by Citigroup and a credit union at Stanford University.

Accounting 64

Accounting Banking Financial Systems Startups 64

PYMNTS

JULY 29, 2020

It’s a merging of capabilities with three primary goals: 1) to build new commerce experiences; 2) to expand financial participation in the digital ecosystem globally; and 3) to drive startup innovation to push those goals forward worldwide. And that eye toward expansion is also relevant in Mastercard’s collaboration with startups.

Startups 71

Startups Pharmaceutical Education Healthcare 71

CFO Plans

OCTOBER 15, 2024

Understanding the Complexities of Financial Regulation for Small Businesses Financial regulations are crafted to uphold the integrity and stability of the financial system. Leveraging CFO Services to Navigate Startup Challenges For startups, the regulatory landscape can seem particularly daunting.

Compliance 52

Compliance CFO Startups Risk Management 52

PYMNTS

MARCH 6, 2019

Two South African FinTech companies, Sasfin, a banking group, and Hello Paisa, a money transfer startup, are teaming up to start a bank with a goal of bringing thousands of South Africans who lack bank accounts into the country’s financial system, according to reports.

Banking 49

Banking Financial Systems Startups Education 49

PYMNTS

MARCH 22, 2019

With PSD2 becoming firmly planted in the European Union (EU), more markets are integrating the regulation into their financial systems, and prepping for changes in the ways they approach payments, data transfers and customer authentication.

Banking 69

Banking Startups Financial Systems Accounting 69

PYMNTS

NOVEMBER 17, 2020

Mastercard is teaming up with FinTech startup Juvo to help the “underbanked” in Latin America and the Caribbean to build credit histories so they can engage in a wider range of financial services. Juvo was a participant in Mastercard’s FinTech startup program, Start Path.

Startups 60

Startups Financial Systems Banking eCommerce 60

CFO Plans

AUGUST 9, 2024

Virtual CFO Solutions for Startups and Small Businesses For startups and small businesses, Virtual CFO solutions offer a flexible and cost-effective alternative to traditional CFO roles. These solutions provide real-time financial oversight and strategic guidance. Get tailored accounting consulting for your startup.

Accounting 52

Accounting Tax Planning CFO Startups 52

PYMNTS

JANUARY 5, 2020

By the end of the decade, most tech startups will have a crypto component, just like most tech startups use the internet and machine learning today,” he said in the post. . Upcoming startups in the crypto space will drive the utility phase — “people using crypto for non-trading purposes,” he said. .

Startups 52

Startups Currencies Financial Systems Securities 52

PYMNTS

OCTOBER 22, 2018

“At PayPal, we believe that everyone should have access to transparent, convenient and secure financial services,” said Mark Britto, senior vice president and general manager of global credit for PayPal , in the press release announcing the investment.

Investments 77

Investments Marketing Financial Systems Leverage 77

PYMNTS

DECEMBER 13, 2018

13) that it has launched Robinhood Checking & Savings, a new feature aimed at expanding its mission to overhaul the financial system in America. Robinhood, the mobile investment app company, announced Thursday (Dec. With Robinhood Checking & Savings, you can save hundreds of dollars in fees,” wrote the company.

Accounting 58

Accounting Financial Systems Startups Banking 58

PYMNTS

JULY 15, 2019

Banking institutions will get “left behind” if they don’t evolve as big tech companies continue disrupting the financial system, the latest research from the International Monetary Fund (IMF) says. “ Facebook’s Libra, for instance, has said it will not offer any interest to users.

Banking 43

Banking Financial Systems Startups Currencies 43

PYMNTS

JANUARY 17, 2018

Trend Lab, a startup developing artificial intelligence (AI) solutions for the FinTech market, has revealed it secured new funding. We … translate current financial systems into smart systems, exploring the unseen values and opportunities for businesses.”. In a press release issued Tuesday (Jan.

Data Analysis 46

Data Analysis Financial Systems Startups Finance 46

PYMNTS

MARCH 3, 2020

The startup headed to Vancouver due to its diverse talent pool and skilled global workforce. It has also launched a corporate credit card for startup companies. Cosmin Nicolaescu, vice president of engineering at Brex, told the Daily Hive said the company’s focus right now is on “reimagining financial systems for growing companies.”.

Startups 52

Startups Valuation Financial Systems Technology 52

PYMNTS

JANUARY 17, 2019

And Coinbase has scooped up a California startup called Blockspring , which helps companies make use of data from application programming interfaces (APIs), according to reports. With the deal, the startup’s team will reportedly join Coinbase. With the deal, the startup’s team will reportedly join Coinbase.

Currencies 57

Currencies Financial Systems Startups Numbers 57

Global Finance

SEPTEMBER 4, 2024

Following the successful launch of Circle’s proprietary USDC via behemoth banks BTG Pactual and Nubank in March, the unicorn Latin American startup Mercado Libre has rolled out its commission-free dollar-backed stablecoin, the Meli Dolar. The race for Latin America’s massive stablecoin market has become more competitive.

Currencies 52

Currencies Financial Systems Leverage Startups 52

PYMNTS

MARCH 10, 2020

The bank has its sights set on small businesses, startups and freelancers. From day one to today, our mission has been to make the financial system more inclusive and rebalance the economy from the bottom up.”. A new challenger bank in the U.S., While fairly common in Europe, challenger banks in the U.S. are less prevalent.

Banking 54

Banking Financial Systems Startups eCommerce 54

PYMNTS

DECEMBER 17, 2019

That’s one of the main messages of a new PYMNTS interview with Regio Martins, CEO and founder of nobli , which aims to enable businesses to offer more forms of collateral when seeking loans — the company’s personal loans are secured by financial collateral. In essence, nobli functions as a Credit-as-a-Service provider.

Financial Systems 54

Financial Systems Startups Banking Treasury 54

Global Finance

SEPTEMBER 5, 2024

In 2023, the lab honed its focus to concentrate on startups between seed and Series A funding stages. The lab, which had previously nurtured 76 startups, invested 500,000 Brazilian reais (approximately $91,000) in each of the six startups accelerated last year. Thus far, 64 startups have graduated from the lab.

Startups 52

Startups Banking Finance Technology 52

PYMNTS

DECEMBER 4, 2019

Silicon Valley startup Robinhood has signed over 10 million subscribers to its free stock-trading service, the company said in a blog post on Wednesday (Dec. We founded this company to break down barriers to our financial system,” the company said in a blog post. “As

Education 52

Education Currencies Financial Systems Startups 52

PYMNTS

JANUARY 12, 2020

Sujith Narayanan and Sumit Gwalani, both co-founders of Google Pay India — formerly called Google Tez — said the seed funding brings the neo-bank startup epiFi to a valuation of roughly $50 million. When we were building Google Tez, we realized that a consumer’s financial journey extends beyond digital payments.

Concentration 40

Concentration Startups Valuation Financial Systems 40

PYMNTS

JANUARY 17, 2020

The dawning “instant” economy are giving rise to scores of startups that isolate and streamline traditional bank services — like wiring funds — and build entire business models around them. Banks, FinTechs Race to RTP Glory. In the case of real-time payments, banks are winning the perceptual war, at least for now.

Reconciliations 61

Reconciliations Financial Systems Startups Banking 61

PYMNTS

JANUARY 23, 2020

Financial wellness technology startup Even is rolling out a new savings solution that gives users the ability to target three goals at the same time, the company announced on Thursday (Jan.

Budgeting 52

Budgeting Financial Systems Startups Accounting 52