Financial technology

About

Thing
Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services.
Financial technology
Definition
Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services.
Financial technology
Financial technology
Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services.

Pronunciation

English

Financial technology

Financial technology
SpellingFinancial technology
Pronunciation[Financial technology]

Mentions

Some consolidation is afoot among the payments behemoths of Europe. Smaller, newer fintech companies are eating into their market dominance by adapting faster to changing spending habits, while also looking to capitalize on economies of scale.

Rob has an extensive background in security, [infrastructure] software and app dev and dev ops, a background which we believe will complement the existing teams’ skillset very well,” said Welsh in an email. “[And] our focus areas for our second firm will be similar to the prior fund, namely a heavy focus on software with some additional focus on consumer internet, fintech/insurtech and tech enabled services.”

According to its website, DAG Global aims to "deliver next-generation merchant banking solutions to the underserved fintech, digital and SME sector." That is, however, once it has received a banking license in the nation.

"Office Hours provide FinTech innovators and entrepreneurs an opportunity to engage with LabCFTC to discuss ideas, share a presentation and gain better understanding of CFTC’s framework," the announcement said.

According to research firm CB Insights’ annual report published this week, fintech startups across the world raised $33.9 billion* in total last year across 1,912 deals*, down from $40.8 billion they picked up by participating in 2,049 deals the year before.

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