Remove Online and Mobile Banking Remove P2P Remove Underwriting
article thumbnail

China’s X Financial Has A New US IPO And 400M P2P Leads

PYMNTS

Peer-to-peer (P2P) lending in China is not for the faint of heart — and that’s putting it lightly. Banks offer credit limits to borrowers that would seem punitively low in much of the Western world, so there is a pent-up demand for online alternatives. Swimming against that tide is China-based P2P lending provider X Financial.

P2P 66
article thumbnail

Why P2P Could Soon Play A Leading Role In Middle East FinTech

PYMNTS

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. In fact, the U.K.’s

P2P 57
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Today In Digital-First Banking: German Neobank N26 Eyes IPO With New CFO; Goalsetter Lands $3.9 Million Seed Investment  

PYMNTS

In today’s top digital-first banking news, German neobank N26 has hired a new chief financial officer (CFO) as it eyes a future initial public offering (IPO), while FinTech app Goalsetter has raised $3.9 Morgan Chase to underwrite a possible IPO. Morgan Chase and Morgan Stanley to underwrite a potential $2 billion IPO.

article thumbnail

The Pandemic Is Accelerating India’s Move to Mobile Payments

PYMNTS

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. S&P’s analysis shows that Indian mobile-payment transactions grew 163 percent to $287 billion in 2019.

article thumbnail

How The Global Pandemic Fast Tracked Mobile Payments In India

PYMNTS

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. S&P’s analysis shows that Indian mobile-payment transactions grew 163 percent to $287 billion in 2019.

article thumbnail

Mobile Pay In The Headlines: Nine Ways Mobile Made News

PYMNTS

It may not be the year of mobile payments — yet — but it is certainly the year mobile payments players are laying the groundwork for what they know is inevitable. This week, PYMNTS dug into the week of mobile pay news to bring you the latest from the ecosystem. Early Warning Boosts Big BanksP2P Power.

article thumbnail

Canadian Fintech Market Map

CB Insights

Digital banking and financial infrastructure. Companies in this subcategory provide (1) white-labeled technology infrastructure to banking players, or (2) leverage technology to provide financial infrastructure and banking software (e.g. APIs) directly to end-users. Personal finance. Real estate. Regulatory tech.

FinTech 93