Mastercard is making more analytics available to its small-business clients through one of its subsidiaries. Jess Turner The credit giant, via Finicity, is adding advanced analytics in the U.S. to further help lenders manage their risk profiles while adding expanded credit models for small business loans and credit-card lines. Finicity provides an open banking platform […]
Join us for our live weekly news roundup show with hosts Todd Anderson and Bo Brustkern with special guest Kim Gerhardt from The Fintech Interactive. This fast-paced show features the content leaders of Fintech Nexus discussing the biggest fintech news stories of the past week. The show kicks off at 5 p.m. EST. Fintech Nexus […]
Prominent online payment service provider PayU is expanding into four new markets; Costa Rica, El Salvador, Guatemala, and Honduras. Mario Shiliashki They are already in 50 materializing markets with a goal of more expansion. Mario Shiliashki, CEO of PayU’s Global Payments business, said, “At PayU, our mission is to build a world without financial borders […]
“(Last year) was a challenging year for Upstart, and we’re not happy with the results we’re sharing today,” said Upstart’s CEO, Dave Girouard, in the company’s earnings call. “In many ways, last year was the perfect storm for our business model.” “Having said that… 2022 was, in some ways, a gift because it laid bare […]
Nubank‘s shares rose higher on Feb. 15 in US markets, opening at a 4% increase as investors responded to the fintech’s fourth-quarter results. The largest neobank in Latin America saw a boost in today’s trading session following strong profit growth and solid customer demand for its products. The Brazilian digital bank’s stock had been gaining […]
International payments fintech EBANX recently obtained authorization from the Brazilian Central Bank to operate in the country as a payment initiator via the popular PIX instant transfer system. According to the company, the Payment Initiation Service Provider (PISP) license expands the range of services the fintech can offer its customers. Now, companies served by EBANX […]
While many got swept up in the early days of the DeFi asset hype machine, others who saw its true potential began quietly plotting the path the space would need to get there. They knew robust infrastructure would be the critical element, and they set out to build it. FV Bank’s cross-border, foreign currency payments […]
Brazilian fintech Capitual, which operates in the crypto-assets sector, has received a $16 million investment from Azimut, one of Europe’s largest independent investment houses. The goal is to use this funding for the startup’s expansion in the European market and in Mexico, where Azimut also has significant operations. Founded in 2019, Capitual has more than […]
Analysts say that low fintech multiples could lead to strategic M&A activity, as companies with enough runway take the opportunity to scoop deals. This leaves room for further consolidation in the industry as bigger-sized fintechs resort to acquisitions to strengthen their client ecosystem. Last week, PicPay, one of the largest digital wallets in Brazil, announced […]
Matt Bodkin Matt is an experienced editorial cartoonist with a demonstrated history of working in the newspaper industry. Strong arts and design professional with a Bachelor of Fine Arts focused in Fine Arts from Long Island University, Southampton Campus. View all posts