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WEBFinTech Magazine connects the leading FinTech, Finserv, and Banking executives of the world's largest and fastest growing brands. Our platform serves as a digital hub for connecting industry leaders, covering a wide range of services including media and advertising, events, research reports, demand generation, information, and data services.
The Story of PayPal: The World's Most Valuable Fintech Firm
WEBJan 18, 2022 — PayPal's market value climbed to $49 billion on its first official day trading as a public company again, which far exceeded eBay's market value. In early 2022, the market cap of PayPal was around US$210bn. It was also featured as #1 in our Top 100 Fintech Companies list this year. ***. Fintech Payments PayPal Finance.
The future of ATMs: adapting to the digital age
WEBJul 6, 2023 — Paymentology’s data backs this claim, with the number of ATMs in Europe falling by over 10% since 2016. Meanwhile, analysis from global consultancy partnership Kearney predicted that 25% of European bank branches would close across Europe from 2020 to 2023, as consumers’ digital banking habits became more permanent.
Sunbit Secures US$310m Debt Warehouse Facility led by Citi
WEBJan 26, 2024 — Sunbit, the fast-growing Buy Now Pay Later (BNPL) provider has raised a significant US$310m in a debt warehouse facility led by Citi Group with participation from Ares Management.. The fintech aims to use these funds to expand its BNPL offering. Today, 40% of Sunbit’s market is in BNPL services for auto repair, and it is growing its patient financing services in dentistry.
Fintech Trends: The Future of Contactless Payment Technology
WEBNov 21, 2021 — FinTech Magazine connects the leading FinTech, Finserv, and Banking executives of the world's largest and fastest growing brands. Our platform serves as a digital hub for connecting industry leaders, covering a wide range of services including media and advertising, events, research reports, …
Backbase secures €2.5bn valuation after €120mn investment
WEBJun 13, 2022 — Backbase, the banking architecture fintech trying to solve the legacy problems of the financial services sector, has raised €120mn at a €2.5bn valuation. Banking architecture fintech Backbase has raised €120mn in funding from investment firm Motive Partners, which it will use to accelerate its efforts to fix the banking sector’s legacy ...
Top 10 Digital European Banks - FinTech Magazine
WEBNov 2, 2021 — Best For: Full banking services. Founded in 2015 and headquartered in London, Monzo is one of the most popular and feature-rich digital banks in Europe that enables customers to launch a fully-fledged UK bank account from the comfort of their smartphones. Users can choose between a wide variety of …
Eight virtual banks transforming Hong Kong's fintech sector
WEBMay 16, 2020 — Ant SME: A subsidiary of Ant Financial, the virtual bank is reportedly going to target the Hong Kong SME market, and is dedicated to providing inclusive banking solutions to smaller businesses in the nation’s economy. Insight Fintech: A joint venture between smartphone brand Xiaomi and AMTD Group, …
Latest FinTech Articles - FinTech Magazine
WEBFinTech Magazine connects the leading FinTech, Finserv, and Banking executives of the world's largest and fastest growing brands. Our platform serves as a digital hub for connecting industry leaders, covering a wide range of services including media and advertising, events, research reports, demand generation, information, and data services.
Top 10 Digital Banks of 2022 - FinTech Magazine
WEBNov 9, 2022 — Launched by banking veteran Anne Boden in January 2014, Starling Bank is a digital challenger based in London that specialises in current and business accounts. In April 2022, Starling completed an internal fundraising round of US$152.5mn, with a pre-money valuation of over $2.9bn. Investors include Goldman Sachs, …