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☆ Alphabet wants to invest in British fintech bank Monzo before it goes public
▼ + stars: | 2023-11-22 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +3 min

Monzo, a British fintech bank, is in talks with Alphabet's private investment arm Capital G to raise what is primed to be its last funding round before a public listing. The bank touts around 8.5 million customers in the UK and is best known for its bright coral pink bank cards. Fintech funding in Europe dropped 70% to $5 billion from $17.1 billion in the first half of 2023, compared with 2022, according to Finch Capital. The prospective funding round is set to be the fintech's last private raise before a mooted public debut that would likely take place in late 2024 or 2025. The British bank reported £116.3 million in losses last year despite more than doubling its revenue.

Persons: Monzo, Catalyst, Monzo's, Cash, Conor Walsh, Anil Organizations: Business, Sky News, Abu Dhabi Growth Fund, Silicon, VC, fintech, Finch, London, Starling Bank Locations: British, London, Abu Dhabi, New York, Europe, Monzo, Starling

☆ With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
▼ + stars: | 2023-10-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

UK has second-biggest number of top fintech firmsThe U.S. was home to 65 of the top fintech companies, according to CNBC's list of world's top 200 fintech companies. In the U.S., some of the top global fintech companies on Statista's list include names like Stripe, PayPal and Intuit . Stateside, meanwhile, the largest fintech unicorns are Stripe ($95 billion), Chime ($25 billion), Ripple ($15 billion), Plaid ($13.5 billion), Devoted Health ($12.6 billion, and Brex ($12.3 billion). Other leading ecosystems for fintech unicorns include India, on 17 unicorns, and China, on eight. Standing in 8th place is Mexico, with five fintech unicorns, Singapore, also with five, and the Netherlands, which has four in total.

Persons: Ed Jones, Starling, Tencent, Statista, Andreessen Horowitz, Wise, Vlad Tenev, Group's, —, Nick Parmenter Organizations: AFP, Getty, CNBC, Statista, Ant Group, Plaid, Visa, Mastercard, European Union, Apple, Google, Sequoia Capital, PayPal, Intuit, Financial, Authority, Consumers Locations: U.S, Beijing, China, Silicon, Europe, Ukraine, Covid, India, France, Brazil, Germany, Mexico, Singapore, Netherlands, Statista

☆ CNBC and Statista announce top 200 global fintech companies
▼ + stars: | 2023-08-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC and Statista announce top 200 global fintech companiesCNBC and Statista have announced the top 200 fintech companies globally. Statista assessed over 1,500 companies across nine different categories, from neobanking to digital payments, and analyzed more than 10,000 data points. CNBC's Ryan Browne, one of the authors of the report, outlines the top findings.

Persons: Statista, CNBC's Ryan Browne Organizations: CNBC Locations: neobanking

☆ CNBC's top 200 global fintech companies: The complete list
▼ + stars: | 2023-08-02 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

From China's Ant Group to Sweden's Klarna, here is the complete list of the world's top 200 fintech companies. CNBC partnered with independent research firm Statista to establish a transparent overview of the top fintech companies. Statista analyzed over 1,500 firms across nine different market segments, evaluating each one against a set of key performance indicators, including revenue, user numbers, and total funding raised. The final list includes some of the biggest companies in the sector — Ant Group, Tencent, PayPal, Stripe, Klarna and Revolut — as well as several up-and-coming startups seeking to mold the future of financial services. The categories include:NeobankingDigital paymentsDigital assetsDigital financial planningDigital wealth managementAlternate financingAlternate lendingDigital banking solutionsDigital business solutionsYou can search by country, category, or company name to see which firms made the cut.

Persons: Statista, Revolut — Organizations: CNBC, Tencent, PayPal, Neobanking, Digital

☆ From banking giants to lending up-and-comers — here are the world's top 200 fintech companies
▼ + stars: | 2023-08-02 | by ( Ryan Browne | ) www.cnbc.com time to read: +11 min

Statista identified 40 firms as top digital payments companies. While digital payments is often the area that draws most investor buzz, lending generates more money in financial services. Statista identified 25 fintech companies that fall into the category of top alternate lending firms. They include American small business lending firm Biz2Credit, Irish e-commerce lending company Wayflyer, and Latvian loan refinancing startup Mintos. Digital business solutions

Persons: Monzo, there's, Statista, Afterpay, It's, Binance, eToro, Equity crowdfunding, hasn't, Peter Hazlehurst Organizations: JPMorgan —, Orange, Digital, U.S, SEC, European, Education, Equity, Republic, Tech, Federal Reserve, Bank of England, CNBC, Solaris Locations: fintech, Europe, Nigeria, Orange, Africa, Terra, U.S, Cayman Islands, American, Latvian, U.K

☆ The Banking & Payments Show Recap: Apple Pay's Sweet Domination
▼ + stars: | 2023-06-01 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +1 min

Listen to the full Behind The Numbers: The Banking & Payments Show episode here. With Kroger caving to accept Apple Pay, Rob and David discussed Walmart and if/when they will fall. Apart from its history, Walmart has ramped up its own Fintech operations which include neobanking aspirations and Walmart Pay. Want to learn more about the domination of Apple Pay and Gen Z's impact? Listen to the full Behind The Numbers: The Banking & Payments Show episode here.

Persons: Rob Rubin, David Morris, Rob, David, Gen, Apple, Zer's Organizations: Intelligence, Apple, Kroger, Walmart, Google, PayPal, Apple Pay Locations: EU

Search resuls for: "neobanking"

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