Finextra: Deutsche Bank buys stake in Modo to expand payments biz to non-bank platforms

Written by Finextra  Deutsche Bank has moved to beef up its transaction banking franchise through the acquisition of a stake in US startup ModoPayments. Terms of the deal were not disclosed. Founded in 2010, Dallas-based Modo works to reduce friction in the payments industry through technology that creates interoperability between systems, without needing changes to […]

Bloomberg: Deutsche Bank Pushes Digital With Second Fintech Deal This Year

Written by Bloomberg   Deutsche Bank AG beefed up its digital banking operations again with a second investment in a fintech startup within four months, a move that points to a slow revolution at one of its most important divisions. The German lender, which has been shrinking staff and operations internationally, agreed to buy an unspecified […]

PYMNTS Mid-Year eBook: The Future Fissures in Fintech

Modo CEO, Bruce Parker, spoke with PYMNTS about his payments predictions for the remainder of 2018. You can read Bruce’s full excerpt from the Mid-Year eBook below.  By Bruce Parker    Maybe, just maybe, the glacier that is payments infrastructure is shifting.  Even possibly … calving! A long, long time ago when banks were created […]

Twitter
Facebook
LinkedIn