Open Co, a São Paulo-based start-up, says the cash will be used to support its expansion plans and investments in technology and product development.
The study looks at the state of climate-related and environmental risk management in 112 banks under ECB supervision, with €24 trillion of combined assets.
Starling Bank is launching a business account focused on entrepreneurs, sole-traders and small business owners; the account is free to set up and will like to a number of features including payments and their Marketplace product for accounting based services. Source.
The CEO of Monzo, Tom Blomfield, has warned that losses at the digital bank this year will continue to mount...
The $155 billion investment giant will focus on DeFi and Web 3 and isn't afraid to get its hands dirty with liquid tokens.
Machine learning and predictive analytics have started to make a real difference in the VC world when it comes to finding investments; VC’s typically traveled a lot and met with thousands of companies to find a few investments; by using machine learning to break down troves of data, like job postings or performance in the App Store, investors can find potential gems without the same laborious effort; VC firms are investing in tools to help them refine searches and comb through thousands of companies quickly; increased computing power and cheaper ways to rent server capacity has really helped VC’s, even the small firms, use these techniques every day. Source.
In cybersecurity, where success often relies on doing the unexpected, diversity of thought is a valuable weapon.
Fiserv unveils new digital mortgage product, giving credit unions a leg up With the $3 billion alternative data industry exploding,...
There have been record levels of crypto scams over the last year. This is how the UK’s financial watchdog is responding.
The UK's National Association of Commercial Finance Brokers (NACFB) has lifted insurance restrictions for its brokers; it will now provide insurance coverage to its brokers for all P2P loans; "Peer-to-peer lending is booming and it's fantastic that our members can now use it as much as they like, safe in the knowledge that they enjoy protection arranged by NACFB Insurance Services," said Paul Goodman, NACFB chairman. Source