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Stripe Backs New Fintech Startup Ramp

Stripe is easily one of the most innovative and exciting companies to follow in the fintech world, as they have a notable reputation for being very forward thinking and risk taking. Their primary focus is being a payment processing company for e-commerce sites, partnering with companies such as Shopify, a website curator for e-commerce businesses. …

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British Fintech TrueLayer to Challenge Visa and Mastercard

The fintech industry is allowing innovators from every corner of the world to have their bright ideas broadcasted on a global stage. Many fintech startups are even challenging long standing financial institutions as some of these corporations are having a difficult time adapting in this fast-paced environment, such as commercial banks like JPMorgan Chase. When …

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New Details Emerge Regarding Walmart’s Future Fintech

The global fintech market is one of the fastest growing and potentially profitable emerging markets over the past few years. Since the spark of the pandemic, the demand for contactless payments and banking activities straight from users’ smartphones and computers rose exponentially, opening the space to innovators to enter this competitive space. The opportunity is …

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TrueLayer, an Open Banking Network, Raises $70 Million in Latest Round

On Thursday, TrueLayer announced it had secured an additional US70 million in an investment round that was mainly led by new investor Addition. TrueLayer is what’s known in the industry as an open banking-based service. Open banking, according to Investopedia, is a banking practice that provides third-party financial service providers open access to data pertaining …

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Are FinTech’s a threat to Big Banks?

A recently released letter to shareholders written by Jamie Diamon, the CEO of JP Morgan, detailed how he saw the rise of FinTech in the financial sector as a direct threat to JP Morgan’s business. Mr. Diamon also said, “Banks are playing an increasingly smaller role in the financial system.” Showing just how the top …

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Explained: Software as a service (Video)

Explained: Software as a service (Video) https://youtu.be/DfGnwJkjidU This video explains what Software as a service (SAAS) is, what makes a world class SAAS product and how that relates to OnlineApplication.  5/5 Software as a service / OnlineApplication / Microsoft / Shopify / Ireland / United States / Fintech

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Cora Raises €22.6 Million with Ribbit Capital

Latin America is now one of the world’s most sought after and enticing places for fintech innovation. This has been attracting companies like Techstars, whose primary objective is to aid gifted and hard working entrepreneurs obtaining the resources and connections they need to take their ideas to the next level. Cora, which is a São …

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