Finance
Auto Added by WPeMatico
Building A Diverse Board Makes Sense For Startups
While there is a lot of existing data tying board diversity to better company performance, most of it focuses on companies that are already public. That misses the broader and potentially much more impactful opportunity for startups and growth stage tech companies: to build a diverse board now, not later. Why now? Read More
Powered by WPeMatico
Money Transfer Startup Azimo Raises $20M At A $100M Valuation
Azimo, a mobile money transfer startup out of London that was once feted by Facebook, is jumping into the funding ring with a $20 million raise. CEO and co-founder Michael Kent says the company will use the investment to continue to build out its operations across Europe and deeper into the community of migrants who already form the bedrock of its services. While Azimo — which was… Read More
Powered by WPeMatico
How Fintech Can Disrupt Africa’s Cash-Based Economy
Paying at a local coffee shop or superstore with your smartphone instead of your bank card is convenient, but not much more convenient than using a credit card. While there is significant disruption in some fintech areas, such as international money transfer by companies like TransferWise and Azimo, other innovations can seem a bit cosmetic to Western users. Read More
Powered by WPeMatico
The Year That Was And Will Be In Mobile Payments
The many success and failures of mobile payments and related solutions witnessed so far brings home a very simple fact-one mobile-based financial solution will not cater to all markets. After all, how can it? The mobile finance space itself is so vast: you have payments, payment-related services and commerce. Read More
Powered by WPeMatico
Alibaba Invests $194M Into China Business News To Build A Financial Data Platform
Alibaba, the Chinese internet giant, is currently focused on investing internationally to grow its business, but is also continuing to build out operations at home. In the latest move, it has invested $193.6 million (RMB1.2 billion) into China Business News to create a new financial data and information services company. “The era of Data Technology is here and it will surpass the… Read More
Powered by WPeMatico
Brazil’s Nubank Raises $30M Led By Tiger To Build Out Its Mobile-Based Credit Card Business
Brazil is one of the world’s fastest growing mobile markets, with 90 million smartphones in circulation among a population of about 200 million, and today a fin-tech company that has focused on catering to that growing group of users has raised a significant round of funding. Nubank, which has developed a platinum Master Card credit service that you apply for and manage using only… Read More
Powered by WPeMatico
Google Takes Another Shot At Mobile Payments With Android Pay
At its I/O developer conference today, Google announced Android Pay, a new payments solution native to its mobile operating system. In addition to making it easier to pay at a merchant’s point of sale via NFC, the new system lets merchants integrate payments directly into their apps for selling physical goods and services using an Android Pay API rather than integrating a third-party… Read More
Powered by WPeMatico
Target Wants To Offer Apple Pay, But Focus Is On Chip And Pin
Target CEO Brian Cornell said today at the Code conference that the company is committed to offering Apple Pay as an option for customers. “I’d love to have Apple Pay in our system right now,” said Cornell, adding that he sat down with Tim Cook and explained that Target would be supporting it. Read More
Powered by WPeMatico
Speakers At The Europas Conference And Awards Reflect Europe’s Diversity, June 16, London
The Europas Conference & Awards for European Tech Startups, on June 16 in London, is an annual celebration of Europe’s brightest tech companies. From a small bar in central London in 2009, it’s become a fixture of the European scene, with its highly curated daytime speakers and audience, which combines the key startup players in Europe, as well as the hottest newcomers,… Read More
Powered by WPeMatico
PayPal CEO Dan Schulman, “We Have A Lot Of Work Ahead Of Us”
Digital commerce company PayPal is moving to establish itself as “more than just a button” to a global payments platform as it readies a split from parent company eBay later this year. “We’re coming into the market at a time when the financial services industry is going through some fundamental shifts,” new PayPal CEO Dan Schulman said at PayPal’s… Read More
Powered by WPeMatico