British banking giant Barclays is closing its fintech accelerator program, Rise, by mid-2025, leaving New York City-based founders and venture capitalists reeling with what one founder compared to losing “a home.” Barclays Head of Partnerships and Innovation Kristen Bennie informed Rise members last week that Rise and its associated academies would be winding down and […]
Fintech
Tech Industry Sues CFPB Over ‘Chilling’ Effect on Digital Wallets
The Consumer Financial Protection Bureau (CFPB) is under fire from seemingly all corners, and various legal challenges have alleged that the agency’s recent ramping of its rule-making through the past few months is illustrative of a regulator that’s overstepped its bounds. In the case of the most recent legal action (as of this writing), critics/plaintiffs have argued […]
VeriPark and Canadian credit unions team up on digital banking
VeriPark, an omnichannel customer experience solutions provider, has collaborated with a coalition of Canadian credit unions and financial institutions to launch a digital banking solution specifically designed for the Canadian market. This coalition comprises First West Credit Union, Prospera Credit Union, DUCA Credit Union, and Coastal Community Credit Union. It seeks to foster innovation, improve […]
Better Fintech Stock to Buy in 2025: PayPal or Visa?
There are many secular trends that have been shaping our economy in recent memory. One area that has deservedly gotten a lot of attention is the intersection of finance and technology. There are numerous so-called fintech stocks to choose from. However, investors might have their eyes on PayPal (NASDAQ: PYPL) and Visa (NYSE: V), both of which possess favorable qualities. Which of […]
Guavapay Attributes Global Growth in 2024 to Customer-Centric Technology Innovation
Guavapay, the global financial solutions provider, has revealed that it recorded accelerated revenue growth throughout 2024. Founded in 2017 and headquartered in London, Guavapay says it enjoyed a significant increase in its overall customer base with annual revenue growth of 71 per cent in 2024 compared to the previous year, while nearly tripling the size […]
FinTech IPO Index Gains 3% as Katapult Shares Vault Higher on Q4 Originations
Earnings season is officially here as the big banks weighed in this week. Although the quarterly reports have yet to come through for the denizens of the FinTech IPO Index, there was a notable bit of earnings-related news that sent the stock of Katapult soaring, up more than 49%. Katapult’s 4Q Update The company said in a fourth-quarter […]
Amazon to buy Indian BNPL firm axio
Formed from a merger of Capital Float, Walnut and Walnut369. axio enables e-commerce storefront to embed credit financing and money management tools at the checkout. The firm has served over 10 million customers and 3000 merchants, providing the backbone for pay later services for Amazon in India, offering shoppers payment terms of between three and […]
Unlocking AI-Driven Business Data Analytics for Fintech and Real Estate Success
In the rapidly evolving worlds of fintech and real estate, data is no longer just a resource—it’s a strategic asset. The growing adoption of artificial intelligence (AI) is transforming how businesses harness their data, and AI-driven business data analytics is emerging as a game-changer. But how does it actually benefit large-scale companies? This article explores the advantages […]
Better Fintech Stock: PayPal vs. SoFi Technologies
The financial technology, or fintech, industry was one of the hardest hit parts of the stock market in the post-pandemic bear market, but there are still some excellent opportunities. PayPal (PYPL 0.97%) is one great example with a stock price that is still about 70% below its 2021 peak and excellent turnaround progress in 2024, while SoFi (SOFI -8.25%) is an app-based bank […]
Fintech in 2025: The industry’s predictions for the year ahead
As technology evolves and consumer preferences shift, the fintech industry is constantly adapting to stay ahead. Featuring insights from ClearBank, Griffin, Broadridge, Zumo and more, FinTech Futures explores expert predictions for the future of the industry in 2025 and beyond. Ironing out AI Artificial intelligence (AI) continues to be a core focus in the financial […]