financial technology

Financial technology refers to the use of technology and innovation to compete in traditional financial services and disrupt offerings by established financial institutions. It encompasses a wide range of applications, including mobile payments, online banking, and AI-driven investment platforms.

Why it’s in the news: It is in the news due to significant investment activity, with AI-focused startups and fintech ventures collectively securing billions in funding to drive growth and innovation in the sector.

Latest on financial technology

• Praxent Announces Strategic Investment from Delta-v Capital to Drive Next Era of AI Growth in Financial Technology - Business Wire
• Participants will explore advancements in financial technology and their applications across banking and insurance industries.
• AI-focused startups received $2.1 billion while fintech ventures secured $1.8 billion of the total funding
• Local Currency Deal of the Year: EPR Iguaçu

Connections

3 entities linked to financial technology across the news graph.