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November 26, 2019

NEC Payments B.S.C (c) (NECP), a Bahrain-based fintech, today announced its participation in the venture acceleration program in Silicon FinTech Bay (SFB) operated by FinTech Consortium (FTC).

The move signifies expansion for both NEC Payments, who will work with the SFB team to localize and develop its products for the US market, and for FinTech Consortium, who continues to make its mark on the glo...

On the global fintech scene, the US has been amongst the top leaders, accounting for 57% of the fintech market in 2018, according to a Mordor Intelligence research.

Consumers in the country have realized the key benefits of fintech solutions such as lower rates and fees, convenience, simplicity, transparency and personalization, and on average, it is estimated that one out of three digitally ac...

October 24, 2019

Incumbents find themselves on increasingly unstable ground, according to a new report published by Accenture. 

In 5 Big Bets in Retail Payments in North America, Accenture finds that the current roll that the North America payments industry is experiencing is expected to stop (payments revenue grew at 6% CAGR between 2015 and 2018). 

Over the next three years, it says, "most retail leaders in th...

August 28, 2019

Stripe is a fast-growing fintech startup offering innovative online payment solutions to global businesses

Regardless of your definition of a startup, it’s hard to deny the rise of online payment business Stripe. The San Francisco-based fintech is behind a suite of online payment solutions originally designed for small businesses navigating their way around ecommerce, but now used by tech giants suc...

July 22, 2019

A German smartphone bank backed by billionaires Peter Thiel and Li Ka-shing has raised new funds at a valuation of $3.5 billion, making the company one of Europe’s highest valued non-listed fintech firms.

N26 GmbH extended its Series D funding round by $170 million to a total $470 million, the Berlin-based company said on Thursday. The round was originally announced in January at a valuation of $2.7...

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