Capital one, credit cards, dfs services, discover bank, discover financial services, fdic, federal reserve, fines, . Legal, mergers, news, pymnts news, what’s hotthis Key Benefits of Using week in fintech: from latin america to africa, . Funding focuses on bb and platformsby pymnts | april , | funding highlightsdespite economic uncertainties, . Vc and private equity investment in fintech is showing signs of recovery — at least . As seen through several recent announcements.Current funding trends indicate a strong focus on bb fintech . Solutions and platform development across the globe.
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Investment activity is decidedly international in hong kong phone number data scope, with significant . Funding rounds for companies based in latin america, africa, india and europe, alongside activity in . The u.S.The fintech landscape is being altered by the news this week of the global . Payments and fis dealmaking. Tens of billions of dollars are attached to the transactions, focused . On merchant services and embedded finance.The dollars are not flowing between the big guns in . The payments space: recent announcements of new funding rounds indicate a bit of buoyancy in .
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Money flowing to the smaller firms launching events and games innovating digital payments, in both consumer-facing and bb settings. . And the investment activity, on the part of vcs and private equity firms, has been . International in scope.It’s been widely reported that coming into , fintech capital raising had hit . A nadir in the fourth quarter of last year, with $ billion representing the lowest . Level since more recently, as of this week, the data for the first quarter indicate . That, as s&p global has estimated, fintechs grabbed about $ billion, up % from last .
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Year. The impact of tariffs, and dislocation in the capital markets, we’d note, sharpened in . April, and so any recovery may be volatile, to say the chile business directory least.Where the money’s flowing: . From plaid to polandbut even amid the tariff and trade wind dramas, recent announcements show . That capital raises, though relatively small in terms of dollar amounts, are focusing on international . Players and platforms. Plaid’s a standout here, having announced a $ million funding round led . By franklin templeton, alongside fidelity management and research and others, including existing plaid investors nea .
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And ribbit capital.As reported this week, toku, an accounts receivable saas platform focused on latin . America and based in chile, said it had raised $ million in series a funding, . Bringing its total funding to $ million. The announcement noted that the firm’s software connects . Companies’ erps with banks and payment rails, enabling payment orchestration and automated collections along with . Automated reconciliation in the back office. Toku says it increases automated payment methods for enterprises . From % to %.