#fintech

The Future of FinTech

The pandemic has changed a lot of things in the world, including the financial sector. So, there's no doubt that things won't return to being as they were in this post-pandemic economy. Those working in a pre-pandemic environment are aware...

FinTech Trends You Might Want to Consider Implementing

Recently the FinTech industry has shown exponential growth. Unlike any other sector over the past decade. FinTech is an umbrella term incorporating various aspects such as digital payments. This industry aids businesses and consumers alike so operations can be...

DeFi: What it is and how it works?

Decentralized Finance (DeFi) is an open financial infrastructure based on smart contracts distributed on a blockchain platform, such as Ethereum. The functions such as custodianship, legalization and central clearing of transactions are regulated by smart contracts. The independence from...

Intuit is buying Credit Karma for $7.1 billion, its biggest acquisition

Intuit, a US-based leading financial software company, is intending to acquire Credit Karma ‚ÄĒ another leading multinational personal financing company for $7.1 billion in cash and stock. The deal would mark the biggest acquisition in the¬†history¬†of Intuit, which will...

Paytm raises $1 billion in the latest funding round

Indian financial startup Paytm has secured a funding of $1 billion in the latest funding, as reported. Paytm was valued $15 billion in 2019, and over 400 million people in India use its services. The company raised $1.4 billion from SoftBank...

$4 billion cash acquisition deal between PayPal and Honey

Online payments and money transfer platform PayPal Holdings, Inc has made an agreement with Honey Science Corp, a company that owned Chrome extension honey which helps find the best deals, coupons, and rewards while you are doing online shopping...

African fintech startup Opera’s OPay received $120 million in funding from Chinese investors

Incubated by Opera, famous for its web browser, Africa-based startup OperaPay, widely known as OPay, has gained $120M from the Chinese investors in series B round. Along with PalmPay, OPay is now one of the most funded fintech startups in Africa. Series B investors...

Regulators investigate Apple Card for gender discrimination

Apple's new credit card is under an investigation from financial regulators after a husband complained that the card's inbuilt algorithms discriminated against her wife. This incident happened when software developer "David Heinemeier Hansson" complained on the social media platform, Twitter,...

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