Remove tag fintech firms
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Intuit Buys Credit Karma For $7.1B

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Intuit closed a deal to buy Credit Karma for a price tag of $7.1 Lately, banks, payment processors, brokerage firms and others have been scrambling to acquire startups and companies considered disruptive or innovative in the field. billion to acquire Plaid, which helps fintech companies connect with customers’ bank accounts.

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PayU Acquires Wibmo To Grow India Business

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The company is paying $70 million for the firm, which is based in Cupertino but primarily operates in India, according to reports. The firm has also invested in FinTech startups. To help grow its business in India, Naspers-owned PayU has acquired U.S.-based based Wibmo.

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Grappling With FinTech, Banks May Reconsider Build Vs. Buy

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Innovation is the lifeblood of tech, and it is also the greatest threat to tech firms. And that could be good news for FinTech firms or, rather, the folks who start them up and steer them into the arms of large-pocketed suitors. OK, we all know that FinTech is an industry that is based on ease of use and customer friendliness.

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Half Of Payments Executives Are Focused On Peer-To-Peer (P2P) Payments

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With the advent of emerging FinTech startups, banks face some competition for payments. As a result, banks are investing in and engaging with FinTech startups to grow their customer base and their market share. banks by assets have made 81 deals with FinTech companies since 2012 — and more than $4 billion in funding.

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B2B FinTech Could Earn Index Ventures $2 Billion This Year

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Venture capitalist (VC) firm Index Ventures is on its way to earn $1.6 billion from its early investments in B2B FinTech, according to Forbes reports Monday (June 11). Forbes reports highlighted the geography of the FinTechs — all based in Europe — as exemplary of the market’s industry strength.

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How FinTech Helps SMBs Get A Grip On The Numbers

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The firm secured $1.8 As Back Office builds out its solution, Rodriguez said one of the largest challenges for the firm will be choosing between the “build or partner” routes: developing solutions in-house or collaborating with industry partners to connect joint customers to a broader range of solutions.

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ToneTag CEO Sounds Off On Payments At The Speed Of Sound

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FinTech firm ToneTag said earlier this month that it has linked with First Abu Dhabi Bank, the largest bank in the United Arab Emirates (UAE). The FinTech firm — which offers software that enables sound-wave-based payments — is used by investors such as Amazon , Reliance Capital and Mastercard.