Fintech

CRED grew its operating revenue by a staggering 255% to $168.1 million in the financial year ending March as the fintech startup, which garners an unusually high level of attention, finds rising adoption of its lending and commerce offerings among India’s affluent individuals. The Bengaluru-h

Indian unicorn fintech Slice is merging with North East Small Finance Bank, they said Wednesday after receiving the approval from the central bank, in an extremely rare feat that has eluded many tech giants, top financial startups and tycoons for decades. Slice — which earlier offered credit card

Open banking, in which traditional banks release their data via application programming interfaces (APIs) to enable the development of new financial services for their consumers, has been one of the most significant disruptions in global payments over the past decade. Less than five years ago, this

Visa announced today that it plans to invest $100 million in companies developing generative AI technologies and applications “that will impact the future of commerce and payments.” The investments will be made through Visa Ventures, the card giant's 16-year-old global corporate investment

The technologies underlying fintech point to a world of empowerment and access, transparency and efficiency. And yet the past few years tell a story in which fintech’s most prominent players have been out of line with those values. That's a problem, because the world needs fintech to help

The payment landscape in Africa is still fragmented, with several payment operators providing different payment options to customers as well as businesses. Due to this fragmentation, payment failures are inevitable due to factors such as invalid cards, inactive accounts and high dispute rates. One

A few lines buried in the legal terms for the FedNow service, which is now live, create an important opportunity for digital wallet and payment app providers. While the new FedNow legal regime creates significant business opportunities for all players in this space, emerging nonbank payment provide

Pan-African venture capital firm P1 Ventures has reached the first close of its second fund at $25 million. The venture capital firm secured this capital from some of Africa's largest industrial conglomerates and private companies, several fund of funds and general partners of global funds base

When Plaid won technewss Disrupt 2013's Hackathon, it wasn't even Plaid yet. The team was building a web app that let users view their credit card and debit card transactions on a map. But in the process, they figured out how to solve the challenge of integrating banks with the app, planti

Ten years ago, Robinhood was founded to “democratize” stock trading, or more simply, to make it more accessible for anyone to trade stocks. Over time, the now publicly traded company has broadened its offerings – allowing users to do far more than just buy shares of stocks. Today, its goal is

Silicon Valley Bank famously collapsed back in March, setting off a wave across the banking world and left startups and investors alike scrambling to find a new place to put their money. Four players in the banking industry spoke on the technewss Disrupt Fintech Stage about how they are filling th

Credit cards payment processor Checkout.com views crypto as a meaningful space for merchant relationships but needs to continue to focus on regulatory growth, according to Céline Dufétel, president and COO of the company, who spoke at technewss Disrupt. “We serve crypto exchanges, we don't

Arturo Villanueva spent over four years on Stripe's financial partnerships team. During that time, he led partnerships with Visa, Mastercard, American Express, and regional banks across Latin America, struck strategic deals with JPMorgan Chase, Wells-Fargo, and Bank of America in the U.S., and

For the past few years, everybody working in fintech has been talking about embedded finance. It's supposed to be the next revolution in financial services — bringing financial services to other products and services so that these services are as seamless as possible for the end users. That&