2014 was a bumper year for financial technology investment. The funding poured into the industry has increased five-fold over the last five years, with companies such as Credit Karma, Square and China’s Renrendai picking up $100m-plus in funding in 2014. The last year also saw FinTech investment in UK ventures grow more quickly than in any other market in the world.
But what was the top deal of 2014? Now is your chance to have your say by nominating in the FinTech Innovation Awards 2015.
The Fintech Deal of the Year award will recognise a VC or PE investment that helped support FinTech innovation, providing the opportunity for significant development within the sector. The judges will be looking for a deal where investors have not only invested funds, but added key value through market connections and industry experience.
Nominations are also still open for FinTech Innovation of the Year, FinTech Startup of the Year, and FinTech Leader of the year, so don’t miss your chance to have your say and recognise clients, partners and industry leaders.
Just 31% of Brits know who's on the back of the new £5 polymer banknote, says new research from Barclaycard, which also found that the number of cash users continues to drop as people prefer using more digital methods of payments.
Nine out of ten consumers use their smartphones more than any other device, and consumers would also prefer to use biometrics over PINs - with fingerprints being the preferred method, according to a new Mastercard survey.
It's banks, not government agencies, that the British people trust to deliver biometric authentication payment services, says a new Visa study.
With less than two weeks to go until the US liability shift hits its first anniversary, MasterCard published new data evidencing the positive impact the technology is having on issuing banks, merchants and consumers, as well as saying adoption continues to grow.