Do you have the next big story and would like to share it with Fintech Nexus? You can do so by filling out this form. How to pitch a story to Fintech Nexus At Fintech Nexus, we get questions all the time and one of the most frequent is “what is the best way to pitch […]
Thanks to improvements in technology, innovative businesses like Melio are bringing B2B payments into the 21st century. This week, Melio launched Real-Time Payments, supported by J.P. Morgan. The service allows businesses to hold onto their funds for as long as possible when paying and to get them quicker when awaiting payment, including on weekends and […]
The results of a recent Axway survey on open banking in America bode well for its adoption stateside. More than half, 55%, have heard of open banking, with 32% believing they have a decent understanding of it. The awareness rate rises from 48% in 2021. Also on the way up are Americans’ attitudes about the […]
Enjoying our podcasts? Don’t miss out on future episodes! Please hit that subscribe button on Apple, Spotify, YouTube, or your favorite podcast platform to stay updated with our latest content. Thank you for your support! Cornelius Hurley, Professor at Boston University School of Law The Federal Home Loan Banks (FHLBs) have been part of the financial landscape in this […]
Today, Google has announced a pilot program with Affirm and Zip to bring BNPL natively into the Google Pay wallet. Consumers continue to choose BNPL as a payment option and its popularity continues to grow, particularly during the holiday shopping season. Consumers shopping at merchants that offer Google Pay at checkout will receive multiple BNPL options powered by both […]
E-commerce fintech SellersFi secured a $300 million credit facility from Citi, as the U.S. bank is seeing to up its stake in e-commerce and SME lending, leveraging the increasing popularity of alternative payment trends. This startup provides working capital and cash management tools to SMEs worldwide, applying Artificial Intelligence to power its credit scoring models. […]
Twitter/X has been going state-by-state obtaining money transmitter licenses. The social media platform is now approved in 12 states. For the last year or so Elon Musk has made clear his intention to build a financial super app to augment the platform’s ad-based revenues. But this move is not going to be easy. While many major tech companies have been […]
Fintech unicorn Clara continued to expand its offering in Brazil by launching a high-yield payment account in the country, unveiling another chapter of its ambitious growth strategy in Latin America’s largest market. The company, which relocated its headquarters from Mexico to Brazil in August, aims to achieve 6 billion reais in transactions by the end […]
Pinwheel’s partnership with payroll provider Workday company OneSource Virtual (OSV) ushers payroll into the same convenience levels as other areas of finance. It will also help banks achieve primacy with their customers. Partnerships lead Brian Karimi-Pashaki said the move is a response to the growing consumer demand for more transparency, control and portability over their […]
Brazilian fintech startup QI Tech secured a $200 million investment in a landmark deal, marking one of the largest funding rounds for Brazilian startups this year and one of the few substantial Latin American equity investments in 2023. At a time when the venture capital market is still seeking to recover from its lowest levels […]