Category: FINTECH

Neobanks—digitally native banking platforms—have reshaped U.S. consumer finance over the past decade. Without branches, they offer sleek apps, low fees, early access to pay, and modern credit tools. Let’s explore their current state in 2025, evaluating growth, regulatory shifts, competition, and user sentiment across major players like Chime, Varo, Current, and emerging challengers. 1. Chime:…

Unicorns—private startups valued at over $1 billion—have grown into status symbols of a vibrant innovation ecosystem. Fintech, in particular, has become a cornerstone of this narrative, with the U.S. leading the charge. As of early 2025, the United States was home to nearly half of the world’s fintech unicorns—approximately 46 out of 96 globally, far…

PayTech—the intersection of payments and technology—is reshaping how we pay, send, and manage money. In the U.S., an ecosystem of ambitious startups backed by venture funding and tailored to fast-evolving consumer behaviors is pushing boundaries. This transformation spans mobile wallets, embedded finance, payment orchestration, AI-driven fraud protection, crypto integration, and more. 1. Market Forces Powering…

June 2 (Reuters) – Digital banking startup Chime Financial said on Monday it was targeting a valuation of up to $11.2 billion on a fully diluted basis in its long-awaited New York initial public offering, underscoring the growing momentum in the new listings market. San Francisco, California-based Chime and some of its existing shareholders are…

Item 1 of 2 Chime CEO and Co-Founder Chris Britt and Chime Co-Founder Ryan King attend the company’s IPO at the Nasdaq MarketSite in New York City, U.S., June 12, 2025. REUTERS/Kylie Cooper [1/2]Chime CEO and Co-Founder Chris Britt and Chime Co-Founder Ryan King attend the company’s IPO at the Nasdaq MarketSite in New York…

Columbia University agreed to pay $9 million to settle a proposed class action by students who claimed it submitted false data to boost its position in U.S. News & World Report’s influential college rankings. A preliminary settlement, which requires a judge’s approval, was filed on Monday in Manhattan federal court. Students said Columbia artificially inflated…

Over the past few years, we have experienced that technology has brought a symmetry and smoothness in the functioning of businesses. As the pandemic hit the country last year, the nation has taken a sharp turn towards digitization, which has changed India’s dynamics of business operations. Indian Startups to Industry players all have reinvented their…

AI harnesses solutions that are relevant to the ever-changing scenarios of the contemporary world.  Ever since the concept of globalization came into existence in the 18th century, the process has intensively contributed to shaping the world where it stands today. The worldwide interaction acts as a precursor in encouraging countries to adopt the ever-changing dynamics…