International Banking Giant Launches Own ‘Buy Now Pay Later’ Service

Spanish bank Santander is launching its own “buy now, pay later” service in Europe, in a bid to fend off fintech rivals trying to eat its lunch. The lender said Wednesday it will roll out Zinia, an app that lets shoppers split their purchases over monthly installments interest-free, across its markets this year, starting with …

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Fast Growing Startup Company Launches ‘Bitcoin Mortgages’

Miami-based fintech startup Milo is introducing what it claims is the world’s first “crypto mortgage.” The digital bank will allow crypto investors to leverage their digital assets to purchase real estate in the United States. At the moment, only customers wanting to use Bitcoin (BTC) as collateral qualify for Milo’s 30-year mortgage loan. Both American …

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Challenger Banks On The Rise In Underserved Markets

Fintech Farm, a newly launched fintech startup based in the U.K. that creates digital banks in emerging markets, confirmed to TechCrunch today that it has raised $7.4 million in seed funding. The company said it plans to use the investment to launch neobanks in eight countries over the next 24 months. Flyer One Ventures and …

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5 Ways The Cross-Border Payments Industry Has Evolved

The foundation of cross-border payment has a mixture of speed, low costs, transparency, and unlimited access to funds transfer in the finance section. They’re the building blocks used to improve international trade for B2C or B2B and promote economic growth. Recently, technological innovations have refined the international payments systems to increase service delivery for businesses …

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Asian Payments Gateway Goliath Aims To Raise $500m In US IPO

Currently valued at $3b, Pine Labs seeks to raise about $500 Mn at $5b-$7b. Previously, the startup was reportedly looking for a $1b IPO. Pine Labs has hired investment banks Morgan Stanley and Goldman Sachs to manage the proposed IPO — a mix of fresh and secondary issue. Fintech unicorn Pine Labs is moving ahead …

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Business Strategy Giant Launches Cryptocurrency Fintech Consultancy

Building off a decade of helping the world’s fastest growing start-ups succeed by solving major regulatory and public affairs challenges, Tusk Strategies recently announced the launch of a new practice area focused on Crypto + FinTech. The firm announced that the practice group will be led by Eric Soufer, a Tusk veteran who’s led winning …

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UK Investor Platform In Negotiations With Behemoth Technology Investor

According to weekend reports, UK based investor platform, PrimaryBid, is close to finalising the details of a $150m (£110m) funding round that will be led by the second of Japanese giant SoftBank‘s Vision Funds – which have amassed stakes in companies ranging from Uber to Revolut. PrimaryBid’s Series C fundraising was likely to value the …

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