Mexican fintech Aplazo concluded its $70 million Series B, including an additional $45 million in fresh equity financing in a round led by QED investors. Since its establishment in 2020, the Buy Now Pay Later fintech, now four years old, has amassed over $100 million in equity financing and $75 million in committed debt funding. […]
A Team8 report, An Unconventional Look At The Future Of Fintech, charts the industry’s path by predicting what remains and changes while taking a few big swings at potential mega-trends. Team8 creates and invests in companies focusing on cybersecurity, data and AI, fintech, and digital health. One constant is convenience. Any service that simplifies getting […]
The slow-moving dumpster fire that is the Synapse-Evolve meltdown has turned into a nightmare for many fintech customers. Synapse acted as a middleman between banks and fintechs, but there have been several disagreements between Synapse and these banks and fintechs. Consumers who assumed their money was safe are caught in the middle. Synapse had contracts with 20 […]
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! Joel Sequeira, Director of Product at IDology When I think about the hottest areas in fintech these days identity verification is right at the […]
The banking industry has been shifting its focus more and more to online banking and banking apps over recent years, moving away from face-to-face banking as the British high street continues to dwindle and physical bank branches become less and less common. However, can this growth towards online banking continue? And is this really what […]
[Upcoming: June 5th] Instant Payments Orchestration: An Essential Tool Now for Lending and Factoring
In today’s on-demand economy, instant payments are moving from a nice-to-have to a must-have. In the small business space, in particular, you are often dealing with people who need their money immediately. Whether it is to pay a supplier for a big new contract or to fix a broken machine, small business owners don’t have […]
¿Sabía que más de 60 economías a nivel mundial ya han adoptado estos revolucionarios sistemas? ¡Latinoamérica no se queda atrás! Desde el exitoso PIX en Brasil hasta el innovador CoDi en México y el eficiente SIMPE en Costa Rica, la región está experimentando una transformación sin precedentes en la forma en que hacemos transacciones. No […]
We learned back in February that Klarna’s AI chatbot was doing the work of 700 people. Today, Klarna is reporting about its employee’s internal use of AI. It’s internal AI assistant, named Kiki, is answering 2,000 employee questions a day and over 87% of its employees are now using it. Kiki helps manage and distribute internal knowledge and guarantees […]
A new Financial Health Network study released last month shows a circular relationship between mental and financial health. While it is well-known that mental health challenges lead to financial issues, financial issues often produce additional mental health concerns. Vice president of policy and research Angela Fontes said the past 15 years have been tough on […]