How Strong Companies Can Survive ‘Fintech Winter’

‘Fintech winter’ is the newly coined term for this current time marked by high inflation and rising interest rates, tumbling company valuations, and layoffs across the financial technology sector. Yet, while seasons don’t change overnight, warmer days are coming for many fintech companies, says Martin Hegelund, co-founder and chief marketing officer of Ageras. Hegelund is […]

Five Major European Economies Show Support for the European Tech Champions Initiative

Five EU member states and the European Investment Bank Group (EIBG) have come together to support a pan-European scale-up initiative, opening a new chapter for Europe’s high-tech sector. In view of opening access to capital for Europe’s tech start-ups in late-stage development, representatives from Italy, Germany, France, Belgium and Spain joined the EIBG in signing […]

This Week in Fintech: TFT Bi-Weekly News Roundup 16/02

The Fintech Times Bi-Weekly News Roundup reveals the new name for fintech Limepay while Saudi fintech Hala acquires Paymennt.com. Partnerships Fintech Froda has formed a partnership with Visa to develop a new loan solution for businesses. Initially, Froda and Visa will also pair up with Nordic digital bank Lunar. Lunar’s customers gain access to businessloans […]

Banks Collected £3.6Billion in FX Fees From UK SMBs in 2022; Finds Wise

UK small and medium-sized businesses (SMBs) lost £3.6billion in often hidden foreign exchange (FX) fees when selling goods and services overseas in 2022; new report finds.  Banks collected £3.6billion from UK SMBs in 2022 through FX fees incurred when transacting goods and services internationally; a new report from the London-based fintech Wise has found. This […]