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October 4, 2023
Open Banking led to a FinTech boom — As Brite raises $60M, account-to-account payment grows
Open Banking led to a FinTech boom — As Brite raises $60M, account-to-account payment grows
The move towards Open Banking payments, especially in the EU, effectively kicked-off the FinTech boom. Open Baking standards meant that FinTech startups could create Wallets and effectively become Banks, or at least “Neo Banks,” in practical day-today-terms. Today, digital wallets are now the leading payment method globally in e-commerce, with a 49% share, according to […]
The move towards Open Banking payments, especially in the EU, effectively kicked-off the FinTech boom. Open Baking standards meant that FinTech startups could create Wallets and effectively become Banks, or at least “Neo Banks,” in practical day-today-terms. Today, digital wallets are now the leading payment method globally in e-commerce, with a 49% share, according to […]
Mike Butcherhttps://techcrunch.com/feed/TechCrunchhttps://techcrunch.com/2023/10/04/open-banking-led-to-a-fintech-boom-as-brite-raises-60m-account-to-account-payments-grows/
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