Remove tag ads on fintechs
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PayU Acquires Wibmo To Grow India Business

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He added that “PayU is very bullish on India as a market.”. The firm has also invested in FinTech startups. In a press release at the time, PayU said the price tag was undisclosed, but noted the deal supported the company’s expansion into high-growth markets. Beyond Wibmo, PayU bought Citrus Pay in 2016 for $130 million.

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How FinTech Helps SMBs Get A Grip On The Numbers

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Not only do small businesses want automated accounting, access to capital and other value-added tools, but they want these services to be integrated. While Rodriguez said he agrees with that, he emphasized that human expertise is itself an essential influence on the development of FinTech for small businesses.

Numbers 61
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Bitcoin Daily: Jet Token Seeks $10M For Crypto-Based Jet Leasing Marketplace; Tradewind Blockchain Platform Launches Stablecoin Tracking System

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Over the next months, we will be testing Billon’s solution and evaluating the potential added value for our customers,” Maximilian Schausberger, head of fintech partnerships at Raiffeisen Bank International, said in a press release. That bank sells it to a wholesaler network down to a corporation.

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LendingClub and Morgan Stanley, A Tale of Two Bank Deals

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The stories come with significantly different price tags: $185 million and $13 billion. Call it a tale of two bank deals. LendingClub has estimated that it will save about $25 million a year on fees paid to WebBank, which acts as a “pass-through” entity that enables LendingClub to make those loans. That would be Goldman Sachs , of course.

Banking 97
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Facebook Tracker: Riding High

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In the payments and fintech space, users of Facebook Messenger now have a way to transfer money internationally—via TransferWise chatbot. TransferWise has become one of Europe’s better-known payment firms since breaking on the fintech scene back in 2011. Facebook stock (FB) looks to finish off February on an upswing. and Canada.

Numbers 40
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Framing The FinTech Build Vs. Buy Debate

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No, not just in homeownership, but in business, too – and especially when it comes to upstart FinTech firms grappling with an ever-onerous compliance landscape. There also is the issue of dimension, stated Gafke, as FinTechs find demand, and secure presence, in multiple jurisdictions or geographies. Build vs. buy. The eternal debate.

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How Nonprofits Can Turn T&E Into A Donation Driver

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So, for nonprofits, every expense must not only be recorded and analyzed to assess their own spend, but it must be appropriately categorized and tagged to show grantors and auditors. “As a nonprofit, you are operating under different spend restrictions that may come from large donors or grantors,” he explained.