In 2023, How Will Fintech Advance?
FIN TECH UPDATES In 2023, how will fintech advance? Despite a general decline in venture funding and the ripple effects of the cryptocurrency business, financial services continued to be one of the top areas for financing in 2022. Fintech is anticipated to continue to grow in 2023, solidifying India as the centre of financial innovation. […]
Startup For B2B Payments Mondu Expands Series A
FIN TECH UPDATES Startup for B2B payments Mondu expands Series A Mondu, a B2B payments business, has added $13 million to its Series A fundraising round as it seeks to accelerate its global expansion. Prior to May 2022, the FinTech startup secured $43m for the Series A. Valar Ventures, Cherry Ventures, and FinTech Collective provided […]
Banks Are Seeking Digital Transformation Through Fintech Partnerships
FIN TECH UPDATES Banks Are Seeking Digital Transformation Through Fintech Partnerships Banks and credit unions are collaborating more frequently with fintech companies and third-party solution providers in an effort to enhance the digital banking services they offer. These partnerships save money in comparison to developing solutions internally while increasing the pace and scope of innovation. […]
Ecommerce Customers’ Tech Solutions For Their Pain Points
FIN TECH UPDATES Ecommerce Customers’ Tech Solutions for Their Pain Points Like how mobile devices have replaced desktops, online shopping is poised to take over the retail industry. In the next five years, e-commerce will double to 22% of all retail sales worldwide, predicts Statista. Although some customer pain concerns are putting a brake on […]
Fintech And Digital Nomadism: A Perfect Match
FIN TECH UPDATES Fintech and Digital Nomadism: A Perfect Match Anyone working in finance, especially in product development, like myself at Profee, is well aware of the constant need to identify new user categories. Digital nomads are a recent market focus for the financial sector. Let’s examine these individuals’ methods of operation and the assistance […]
Why Are Standards The Secret To Keeping Payments Moving Forward?
FIN TECH UPDATES Why are standards the secret to keeping payments moving forward? Because more customers and businesses are looking for quicker and more seamless ways to pay and get paid, the payments industry is booming and awash in innovation. Faster cross-border payments as well as the kinds of financial institutions that can now handle […]
Embedded Finance Year: 2023
FIN TECH UPDATES Embedded Finance Year: 2023 Since 2020, the embedded finance market has experienced rapid growth. The COVID initiative proved to be a significant accelerator for the growth of e-commerce, financial digitalization, and shifting consumer expectations. In addition, when it comes to winning over customers’ trust in financial services, fintech firms have been keeping […]
How Should I Pick A Mobile Wallet Software Company?
FIN TECH UPDATES How should I pick a mobile wallet software company? Apple Pay, Samsung Pay, Amazon Pay, and other companies introduce their own mobile wallets, which are among the most well-known. A digital wallet for usage in the metaverse called Meta Pay was introduced by Meta (the old Facebook) in June 2022. It is […]
How To Ensure Sustainable Growth For Your Fintech Platform Using These 6 Methods?
FIN TECH UPDATES How to Ensure Sustainable Growth for Your Fintech Platform Using These 6 Methods? The fintech industry is developing extremely quickly, with new, more sophisticated products and services appearing every year. It can be challenging for companies that have created fintech platforms and apps to strike a balance between being abreast of a […]
TOP 5 Providers Of Fintech Software Solutions In UAE
FIN TECH UPDATES TOP 5 Providers of Fintech Software Solutions In UAE The United Arab Emirates is one of the top nations now setting the standard for the growing fintech industry in the Arab world. Studies show that the UAE, which is home to the majority of the region’s fintech start-ups, accounted for 47% of […]