GreenSky has been consistently preparing for its initial public offering. It offers consumer loans at the point of sale system. As a result, it directly reaches out to the consumers. The company could be valued at as high as $ 14 billion. Moreover, it is a Fintech company and...
Hearsay systems are a company which keeps a track of the innovations as well as trends in financial technology. Recently, at its annual conference in San Francisco, the CEO of the company, Clara Shih clearly highlighted that the reach of the Fintech products is limited. She was speaking specifically...
Plaid is the Fintech start-up which is backed by Goldman Sachs. It is also pretty popular in the North American continent. It helps users manage their finances. This Fintech companies are actually connecting their application with various mobile banking applications. In addition to that, it is also connected with...
Fintech industry is currently one of the most popular industries to invest in. Increasing number of investors are looking to invest in the Fintech industry. As a result, the companies that are looking to raise money are able to do so more easily.
According to the next address, which is...
CEO Roger Ver and COO Mate Tokay of Bitcoin.com have recently become advisers for a Fintech start-up. The Fintech start-up goes by the name of MoneyToken. At the same point in time, they will be retaining their current positions at Bitcoin.com. This clearly indicates that there will be synergies...
Fintech companies are trading at a higher valuation. In spite of that, the merger and acquisitions activity in the sector is not slowing down. Paypal recently acquired iZettle. This clearly indicates that not only the merger and acquisition activity is increasing but also the deal size is increasing as...
Many of the Fintech companies are actually expanding at a rapid pace. That does not mean that there are no challenges in running a Fintech company. We will today highlight some of the challenges which are faced by the entrepreneurs when running a Fintech company.
Cash transactions:
In many of...
Silot is a Fintech start-up in Singapore. It has lost US$ 3 million from investors in pre-series A funding. The investors included marquee names like Arbor Ventures and Eight Roads.
Fintech co. Silot raises US$ 3 million in funding
Eight Roads belongs to Fidelity International. Arbor Ventures specializes in early-stage investments...
Banks are trying to increase their product offerings as well as the features which they have on offer. In order to do so, they are using the products as well as services of the Fintech industry.
Till a few years earlier, most of the banks as well as financial institutions...
iZettle recently announced that it intended to launch IPO in order to raise SKr 2bn. It is intending to list on the NASDAQ exchange in Stockholm. The Fintech start-up is aiming to increase its turnover by at least 40% each and every year for the next 3 years.
JP Morgan...
