Banks and other providers often add a markup to their exchange rate while advertising low fees, which means you could be paying huge hidden charges. TransferWise transparently displays its fee upfront and deducts it before conversion. No nasty surprises. TransferWise recently launched a Borderless account for businesses and freelancers across the US and Europe to hold money in up to 27 currencies.
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Discussion
Fintastico Team
1 day, 20 hours
https://www.fintechfutures.com/2020/01/qonto-ra...
Qonto raises $115m round led by Tencent
The SME challenger bank says it's the largest funding round ever for a French fintech.
Fintastico Team
2 days, 16 hours
https://www.finextra.com/newsarticle/35117/tenc...
Tencent and DST Global pump $115 million into Qonto
French neobank Qonto has raised Series C funding from Tencent and DST Global to double down on existing markets, develop new features to tailor its products to specific markets, and gro staff numbers from 200 to 300 during 2020.
Fintastico Team
3 days, 17 hours
https://www.barrons.com/articles/after-plaids-5...
Fintastico Team
1 week
https://www.euromoney.com/article/b1jxqxb9hswm7...
Visa pays $5.3 billion to share in fintech growth
The premium price for its acquisition of Plaid shows Visa’s determination not to be left behind in the fintech-led transformation gathering pace across financial services.
Fintastico Team
1 week, 1 day
https://www.pymnts.com/news/retail/2020/caterin...
Catering To Millennial And Gen Z Travelers | PYMNTS.com
Hospitality providers and online booking services are working to meet the needs of millennial and Gen Z consumers.
Fintastico Team
1 week, 2 days
https://www.finextra.com/newsarticle/35061/visa...
Visa to acquire Plaid for $5.3 billion
Visa is to shell out $5.3 billion to acquire bank data sharing startup Plaid.
Fintastico Team
1 week, 3 days
http://feedproxy.google.com/~r/finovate/~3/NIqu...
Fintastico Team
1 week, 3 days
https://www.crowdfundinsider.com/2020/01/156213...
LHV, a Fintech Banking Platform and Payments Services Provider, Is Offering Real-Time Pound Payments via UK's Faster Payments Scheme
LHV, a Fintech banking platform and payments services provider, is offering real-time pound payments via UK's faster payments scheme.
Fintastico Team
1 week, 3 days
https://www.crowdfundinsider.com/2020/01/156213...
LHV, a Fintech Banking Platform and Payments Services Provider, Is Offering Real-Time Pound Payments via UK's Faster Payments Scheme
LHV, a Fintech banking platform and payments services provider, is offering real-time pound payments via UK's faster payments scheme.
Fintastico Team
1 week, 3 days
https://www.euromoney.com/article/b1jt70z804dm7...
Banks and fintech are best of frenemies in CEE
Banks in emerging Europe are touting their fintech programmes and credentials, but is the enthusiasm reciprocated by the startup community?
Fintastico Team
1 week, 6 days
https://sifted.eu/articles/fintech-vcs-investme...
Fintech VCs share their investment tricks and insights | Sifted
The fintech space has no shortage of funds. But what areas are being over-hyped, and what's being overlooked? Three European investors share their insights.
Fintastico Team
1 week, 6 days
https://www.finextra.com/pressarticle/81093/lhv...
LHV joins Faster Payments scheme
LHV, the fintech focused bank and payment services provider, is pleased to announce that it has commenced providing real-time pound payments via the UK’s Faster Payments scheme.
Fintastico Team
1 week, 6 days
https://www.businessinsider.com/15-european-fin...
We asked 9 of the most prominent VC investors in European tech to pick out fintech startups they think will blow up in 2020. Here are the 15 they chose.
Insurtech is one of the biggest verticals in this list with a number of companies looking to disrupt parts of what is still a traditional industry.
Fintastico Team
1 week, 6 days
https://sifted.eu/articles/fintech-vcs-investme...
Fintech VCs share their investment tricks and insights | Sifted
The fintech space has no shortage of funds. But what areas are being over-hyped, and what's being overlooked? Three European investors share their insights.
Fintastico Team
2 weeks
https://www.crowdfundinsider.com/2020/01/156140...
Stealth Bank: Transferwise Now Allows Bill Payments for European Customers
Transferwise, one of the most successful Fintechs of all time, is now enabling European users to set up direct debits for users to pay their bills. Traditionally, this is a process that more mundane banks handle for their customers but Transferwise continues to operate more
Fintastico Team
2 weeks, 2 days
https://www.crowdfundinsider.com/2020/01/156024...
Fintech TransferWise Introduces New Service Allowing Singapore Clients to Receive Money via PayNow
UK-based Fintech firm TransferWise introduces new service allowing Singapore clients to receive money via PayNow.
Fintastico Team
2 weeks, 2 days
https://www.crowdfundinsider.com/2020/01/156024...
Fintech TransferWise Introduces New Service Allowing Singapore Clients to Receive Money via PayNow
UK-based Fintech firm TransferWise introduces new service allowing Singapore clients to receive money via PayNow.
Fintastico Team
2 weeks, 2 days
https://emerging-europe.com/business/coinex-lat...
CoinEx latest fintech company to take advantage of Estonia's open attitude to cryptocurrencies - Emerging Europe | News, Intelligence, Community
As one of the most technologically-developed countries in the European Union, regularly topping the preferences of entrepreneurs looking to relocate to a tech-friendly environment offering a wealth of both native and imported talent, Estonia has deservedly become a global hub of fintech activity. Long associated with game-changing fintech start-ups such as TransferWise, Monese and Blockhive, …
Fintastico Team
2 weeks, 6 days
https://www.fintechfutures.com/2020/01/reasons-...
Reasons behind the rise of fintech companies popularising stock market investing
Being financially successful is ‘cool’ and is a growing aspiration for younger generations.
Fintastico Team
3 weeks
https://bankinnovation.net/allposts/biz-lines/p...
With cross-border payments, Curve positions itself to challenge legacy providers
U.K.-based payments startup Curve launched a cross-border in-app money transfer feature, with hopes of making a dent in the lucrative remittance market. The
Fintastico Team
3 weeks
https://www.verdict.co.uk/twitter-roundup-novem...
Twitter round-up: Most popular tweets on fintech in November 2019
Verdict Twitter round-up lists ten of the most popular tweets on fintech in November 2019, based on data from GlobalData’s Influencer Platform.
Fintastico Team
3 weeks, 3 days
https://www.businessinsider.in/finance/news/lat...
Latest fintech industry trends, technologies and research from our ecosystem report
This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider
Fintastico Team
3 weeks, 3 days
https://www.crowdfundinsider.com/2019/12/155789...
Fintech TransferWise Is Now a Community of Over 6 Million Users, Transferring $5.25 Billion in Payments Each Month
UK-based Fintech TransferWise now has more than 6 million users, transferring $5.25 billion in [ayments per month.
Fintastico Team
3 weeks, 3 days
https://www.crowdfundinsider.com/2019/12/155789...
Fintech TransferWise Is Now a Community of Over 6 Million Users, Transferring $5.25 Billion in Payments Each Month
UK-based Fintech TransferWise now has more than 6 million users, transferring $5.25 billion in [ayments per month.