Investors poured more than $53 billion into fintech startups worldwide in 2019, according to Accenture.
With the price of bitcoin more than doubling from $3,400 to $10,000 since last year’s Fintech 50 list, it’s perhaps no surprise to see some of the largest, and most innovative cryptocurrency companies still holding onto their place on the annual list of startups blazing new trails in financial technology.
As the financial technology industry balloons, with venture capital funding growing at a faster pace than the rest of the tech sector, new fintech startups keep emerging.
Insurers have the tools to provide empathy at scale through automation, according to Liberty Mutual, Farmers, AAA and LexisNexis Risk Solutions.
Payments companies continue to be some of the most highly valued businesses in fintech.
While ICOs were touted as one of the killer applications of blockchain technology, they had a fair share of pitfalls.
Varo Money is poised to become a full-fledged bank, making it the first of a new wave of fintech upstarts to win that approval in the US.
Apple’s mobile wallet is gobbling up a growing chunk of card payments around the world.
Imagine you are out shopping and get to the till but your card doesn't work. It turns out that your bank has had a computer meltdown and none of its customers, including you, can pay for anything.
Financial services organizations must transform to meet the digital needs of consumers.
U.K.-based digital banking startup Revolut is expanding at a rapid clip.
Axoni has launched its distributed ledger network for equity swaps, with Citi and Goldman Sachs among the first to adopt the platform.
Money-stressed consumers are turning for financial guidance to their primary financial institution more often, but are increasingly doing it digitally.
Challenger bank N26 is closing accounts for UK customers on 15 April, blaming difficulties created by the Brexit process.
Bank of America obtained more patents last year than any other year in the history of the company.