fintech – Page 2 – Fusion Nepal

Banking Column fintech

Automation will be the end of banks as we know them

sudshr47 January 3, 2019

The unbundling of the bank has begun.

Canvas finance Finance And Economy fintech Supported

How the Platform Economy is improving our lives

sudshr47 December 19, 2018

Advertising Content from Citi

Platforms have existed for decades, but the modern platform economy has completely disrupted traditional business models in ways that have enhanced and continue to benefit our lives. But what exactly is a platform? A platform is a product or service that is reliant on a feedback-generating ecosystem to grow and thrive. As the platform scales, it offers more products and services, thereby attracting more users, who will then provide more feedback for the platform to expand. There are hundreds of platform companies around the world – think Etsy, eBay, Amazon – focusing on education, commerce, travel, and more, and while a company can sell you a bounty of products—from books to backpacks—a platform can transform an entire industry with sets of solutions. Read more…

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Europe fintech N26

N26 launches its premium offering in the UK

sudshr47 December 17, 2018 Startups

Fintech startup N26 recently launched in the U.K. with a single product offering. You could sign up to a free account that gives you free payments around the world, but no insurance and no free withdrawals in foreign currencies. The company just added a second tier to its lineup in the U.K. And N26 is […]

Apps Europe finance fintech Revolut

Revolut gets European banking license in Lithuania

sudshr47 December 13, 2018 Startups

Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has finally come out of the regulatory tunnel with a license in hand. As expected, Revolut applied for a license through the Bank of Lithuania and is leveraging […]

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Teen debit card Current now acts like a real bank account

sudshr47 December 5, 2018

Current, the app-controlled teen debit card that’s managed by parents, is starting to look more like a bank. Today, the startup announced it’s now adding to its debit account for teens support for routing and account numbers. That means working teens will be able to direct-deposit to their Current account their paychecks from after-school and […]

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Giving back and building a better future through FinTech

sudshr47 November 27, 2018

Advertising Content from Citi

With initiatives like Giving Tuesday on November 27, today’s global community has greater opportunities than ever before to help those in need. A credit to the internet’s shrinking of the globe, social platforms and always-on digital media can shine a constant spotlight on causes, organizations, and communities that otherwise might slip under our attention—and on the broader importance of giving back our time, resources, and money to charity, whomever we choose as their recipients

But the question remains of just how to best help others. In America, do we prefer to give our money or volunteer our time when considering our own charitable efforts? According to a recent Citi study, 55% of people who do not contribute their time to positive social change causes wish they could, and two out of three people who do contribute their time wish it was easier to do so. In other words, people want to give their time and skills to charitable causes, not just their money. Read more…

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cash finance fintech Payments PayPal Walmart

Walmart will now allow shoppers to access PayPal cash in stores

sudshr47 October 11, 2018

Walmart and PayPal this morning announced a partnership that will see the two collaborating on financial services and products, including new PayPal cash in and cash out services at Walmart stores, as well as the ability for PayPal Cash MasterCard customers to access their cash balance in-store at service desks, ATMs and cash registers. The […]

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Square sellers can now offer their customers payment plans

sudshr47 October 4, 2018

Square today launched a new service that will allow its small business sellers to offer financing to their customers. Square Installments, as the service is called, will be available at launch to sellers in 22 U.S. states for purchases between $250 and $10,000. Customers can apply to pay for their purchase over 3, 6, or […]

Bank Banking Chime credit finance fintech Fundings & Exits Millennials mobile banking pinch TC

Mobile bank Chime picks up credit score improvement service Pinch in all-stock deal

sudshr47 September 14, 2018

Chime, the no-fees mobile bank valued at $500 million as of its last round, has put some of its funds to use with its first acquisition. The deal is for Pinch, a startup that was focused on helping millennials and other young adults build better credit. It was best known for a service called PinchRent, […]

e-commerce finance fintech Fundings & Exits Japan Paidy TC

Japanese startup Paidy raises $55M Series C to let people shop online without a credit card

sudshr47 July 12, 2018 Startups

Paidy, a fintech startup that enables Japanese consumers to shop online without using a credit card, announced today that it has raised a $55 million Series C. The round was led by Japanese trade conglomerate Itochu Corporation, with participation from Goldman Sachs. The Tokyo-based startup says this brings its total funding so far to $80 […]

Europe fintech Personnel TC Venture Capital

Questions remain after the CEO of fintech VC Anthemis resigns

sudshr47 June 26, 2018

Anthemis Group, the fintech VC fund based in London, has lost its long-time CEO after Nadeem Shaikh handed in his resignation earlier this week. The Financial Times broke the story yesterday, quoting Shaikh citing a “shift in the company’s strategy.” However, TechCrunch understands from sources that Shaikh’s decision to leave Anthemis came after a formal […]

Drip capital finance fintech Fundings & Exits Logistics

Drip Capital helps exporters access working capital

sudshr47 June 21, 2018 Startups

Drip Capital is raising a $20 million funding round from Accel, Wing VC and Sequoia India. The company is helping small exporters in emerging markets access working capital in order to finance big orders. The startup also participated in Y Combinator back in 2015. Many small companies in emerging markets have to turn down orders […]