PitchIt @ LendIt Europe is one of the industry's most popular startup competitions providing eight finalists with unparalleled access to industry expertise and funding opportunities as well as invaluable exposure, branding and more at the event; hosted in partnership with Startupbootcamp, the event also offers fast-track status to the finalist round for Startupbootcamp Fintech Accelerator as one of its prizes; interested startup companies must submit their application by September 4 and finalists will be announced on September 10; more details about the competition can be found here. Source
Christine Lagarde, the head of the International Monetary Fund, told CNBC that the price of bitcoin was too high but that virtual currencies should be taken seriously; “Not so long ago, some experts argued that personal computers would never be adopted, and that tablets would only be used as expensive coffee trays," she said. "So I think it may not be wise to dismiss virtual currencies.”; the interview also touches on the recent regulatory trend to crackdown on the new currencies. Source.
One of Europe’s hottest fintech startups Revolut plans to seek a banking license in Russia as the Lithuania government delays...
According to a 2019 study by Forrester about half of financial services and insurance firms around the world are already...
Barclays, Standard Chartered and BNP Paribas, along with three fintechs and professors from University of Cambridge are expected to announce a new way to leverage blockchain technology at One Planet Summit; the tech would allow the banks to get insight into what borrowers are using environmentally sustainable practices and offer them better lending terms. Source
The British Business Bank has added fintechs OakNorth Bank and Starling Bank to the more than 40 lenders in the...
Goldman Sachs is focused on its embedded finance plans. The investment bank's collaboration with General Motors (GM) is the most recent step.
Here are the most read news stories from our daily newsletter today: PitchIt Podcast #23: Tolga Tezel of Canopy Connect...
Trustly shares how how loan companies can best differentiate themselves from others and details their partnership with Lendify. Source
Sam Bankman-Fried's FTX crypto exchange said it is not in talks to acquire Robinhood Markets Inc , after a report on Monday claimed the exchange was exploring such a deal.