The German online bank N26 said on Monday that it had completed a $900 million fundraising round that valued the company at more than $9 billion. Read more.
A portmanteau of “finance” and “technology”, the Fintech space refers to any business or start-up that merges technology and financial services. It is a rapidly growing industry that is becoming increasingly competitive, which is why it is paramount to ensure the right connections are made in the sector.
Find out more about the latest news in financial technology, all things fintech, AI, crypto, Blockchain and more.
Google has hit the brakes on a project to add mobile banking to its Pay app, even as the online financial services market for everyday investors heats up. Read more.
Deutsche Bank has acquired Berlin-based payment service provider Better Payment to expand its market share in the fast growing market for online payment processing and acceptance.
Securities and Exchange Commission boss Gary Gensler has said cryptocurrency platforms have become so large that they need to embrace regulation or risk losing public trust, as he hones in on the booming crypto trading sector.
PayPal is launching its cryptocurrency service in the U.K. Read more.