During the period of 2022-2023, the fintech market experienced a significant recession period, as many companies closed down and the flow of investment slowed. The first half of 2023 saw venture capital funding of fintech startups plunge by 48% compared to 2022, while the number of deals struck went down...
Should access to digital payments be a right, rather than a privilege? This question has come into sharp focus in recent weeks in the UK after a high-profile dispute between former politician Nigel Farage - a controversial divisive figure in British politics after his high-profile campaigning for Brexit - and...
Fintech Review still has the same mission as when it launched in January 2020. What continues to guide us is this strong desire to understand what is going in fintech around the world. Share our views on what is shaping finance today and what will happen tomorrow. It also...
Online mortgage lender Better.com is making its public debut Thursday on the Nasdaq Capital Market under the ticker symbols “BETR” and “BETRW.” The stock will be priced at $10 per share. After merging with SPAC Aurora Acquisition Corp., the combined entity is called Better Home & Finance Holding Company. The...
One name has been making waves and transforming the way we think about banking and payments in the fast-expanding financial services market - Revolut. Revolut was founded with the goal of disrupting the traditional financial sector, and it has positioned itself as a pioneer in the fintech revolution, delivering new solutions that are changing...
Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money valuation of $5.8 billion. The Information reported last week that spend management company Ramp was raising “several hundred million dollars” at a $5.5 billion valuation....
Cutting-edge banking technology stacks are revolutionising financial services. These modern infrastructures offer scalable solutions that ensure efficiency, enhanced security, and personalised user experiences. As these technologies evolve, financial institutions position themselves to deliver more innovative, responsive, and transparent services to their customers. But what is really going on? Fintech...
Revolut has emerged as a game-changer in the ever-changing environment of financial technology, revolutionizing the way people handle their money. This cutting-edge platform provides a wide range of financial services, allowing users to take charge of their accounts, conduct smooth global transactions, and gain access to a suite of features that ease financial management....
Credit scores are key pillars defining an individual's financial stability in the complicated world of finance, where lending and borrowing weave the threads of economic progress. Whether you're asking for a mortgage, a car loan, or a new credit card, your credit score is a major factor in these financing decisions. ...
After the Amsterdam-listed payment company, Adyen (EURONEXT: ADYEN) published financial results last week that disappointed investor expectations, its stock took a significant hit. The depreciation was so severe that the fintech's valuation shrank $20 billion in just one day. In the new week, the declines continue, with share prices falling back to the pandemic...