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Finix Exceeds $100M in Funding and Adds Execs from Google, Tesla, and Uber to its C-Suite
Capital Markets Fintech Fintech Funding Fintech Startups News

Finix Exceeds $100M in Funding and Adds Execs from Google, Tesla, and Uber to its C-Suite

Fintech News Desk
by Fintech News Desk0
Capital threshold surpassed with funds from a special purpose vehicle dedicated to Black and Latinx investors Finix, the payments infrastructure company helping vertical SaaS companies transform their businesses through payments, surpassed $100M in total funding, allocating 10% of its most recent funding round for Black and Latinx investors. Matching its financial growth,......
LendKey Launches Aliro, a Private Deal Network for Financial Institutions to Buy and Sell Consumer Loans
Banking Business Fintech News

LendKey Launches Aliro, a Private Deal Network for Financial Institutions to Buy and Sell Consumer Loans

Fintech News Desk
by Fintech News Desk0
Aliro by LendKey© provides access to a community of member firms to grow, diversify, and optimize balance sheets, among other asset services LendKey, the leading lending-as-a-service platform for banks and credit unions, today announced its launch of Aliro by LendKey©, an innovative deal network for trade-ready member firms who are seeking......
Nearly 60% of Young Investors Are Collaborating Thanks to Technology, Often Turning to Social Media for Advice
Investment Services News Trading

Nearly 60% of Young Investors Are Collaborating Thanks to Technology, Often Turning to Social Media for Advice

Fintech News Desk
by Fintech News Desk0
The recent GameStop stock saga raised many questions about modern trading and put a spotlight on the young investors who drove the Reddit rebellion. To find out more about who these young stock rockers are and what drives their investment decisions, MagnifyMoney surveyed more than 1,500 Gen Zers and millennials in......
Is COVID-19 Forcing Insurance Industry to Catch Up with the Times?
Business Digital Fintech InsurTech News

Is COVID-19 Forcing Insurance Industry to Catch Up with the Times?

Fintech News Desk
by Fintech News Desk0
COVID-19 has affected every area of the insurance industry from the types of policies insurers will provide to the length of time it takes to get insured. Adoption of digital solutions, explains Paul Ford, CEO of Traffk, has accelerated within the industry but needs to do so at a more......
Cryptocurrency Digital Wallet Featured Fintech Security

The Future of Digital Identity in Fintech: Advanced Authentication Methods Using Biometrics and Cryptography

Fintech Staff Writer
by Fintech Staff Writer0
As the FinTech industry continues to expand, digital identity has become a key pillar in ensuring secure, seamless transactions and financial services. With growing concerns over privacy, fraud, and security breaches, there is an increasing need for more sophisticated and reliable authentication methods. Traditional password-based systems are no longer sufficient......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Lending Machine Learning Risk Management Security

Exploring The Rise of AI-Enhanced Credit Scoring Systems

Rishika Patel
by Rishika Patel0
The rise of AI-enhanced credit scoring systems marks a significant shift in how financial institutions assess creditworthiness. Traditional credit scoring models have long been constrained by a limited set of factors, often excluding individuals without formal credit histories. However, AI-based models leverage a broader range of data sources, including non-traditional......
Banking Blockchain Digital Payments Featured Finance Fintech

Improving Financial Inclusion through Innovative Payment Systems

Prajakta Ayade
by Prajakta Ayade0
Financial inclusion is the process of ensuring that all individuals and businesses have access to affordable financial products and services. This includes payments, savings, credit, and insurance, all delivered in a responsible and sustainable way. Over the past decade, innovative payment systems have played a pivotal role in advancing financial......
Financial Inclusion through Innovative Payment Systems
Finance Fintech Investments News

M2P Fintech raises Rs. 850 Crores in Series D Financing

Fintech Staff Writer
by Fintech Staff Writer0
M2P Fintech, Asia’s largest Banking infrastructure company, announced today the first close of its Series D financing, raising Rs. 850 crores through a mix of primary and secondary share capital. The financing was led by Helios Investment Partners and places the company’s valuation at over Rs. 6,550 crores. The funds will......
Intuit, Square Engineering Veteran Joins PayJoy as Chief Technology Officer
Banking Lending News

Intuit, Square Engineering Veteran Joins PayJoy as Chief Technology Officer

Cision PRWeb
by Cision PRWeb0
A Proven Leader with Lending and Banking Expertise Tapped to Drive PayJoy’s Technology Team and Product Expansion PayJoy, the top financial service provider to the underserved in emerging markets, announced Bharath Ramarathinam as the company’s new Chief Technology Officer. In his role, Ramarathinam will lead further technology and product expansion. “I’m......
Banking Digital Payments Featured Finance Fintech Security

Transforming Digital Money Movement: Fintech and The Future of Financial Institutions

Prajakta Ayade
by Prajakta Ayade0
Financial institutions are undergoing significant changes, driven by technological advancements, shifting consumer preferences, and the need for more efficient and secure transaction methods. This evolution is not just a trend but a fundamental shift that promises to redefine the future of financial services. Recently Alacriti and Lumin Digital formed a......
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