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Fintech

Fintech
·Jun. 8, 2022

Proper raises $4.3M seed round to help other fintechs wrangle data

Proper is a "fintech-for-fintechs" founded by two former Marqeta engineers trying to streamline data management challenges...
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Fintech
·Feb. 22, 2022

PrimaryBid raises $190m with SoftBank backing

PrimaryBid said it will use the funds to expand its business in continental Europe and also plans to launch in new markets including the US.
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FintechNews RoundupUSA
·May. 5, 2020

Interchange Income Drops Significantly for Banks

Stagnant spending is not only slowing the overall economic picture but it is also cutting a big revenue driver for...
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FintechNews RoundupUSA
·Jan. 18, 2018

Two Blockchain ETFs Launch

Realty Shares Advisors and Amplify Trust ETF both launched blockchain ETFs yesterday; both focus on blockchain based companies and invest in companies with a market cap over $200 million; CoinDesk shares more details about the ETFs. Source

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Business visual data analyzing technology by creative computer software . Concept of digital data for marketing analysis and investment decision making .
LatAm
·Feb. 24, 2022

Mexican fintechs struggle amid legal red tape

It has not been a smooth sail for smaller Mexican fintechs either, who have struggled to meet requirements.
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FintechNews RoundupUSA
·Apr. 25, 2018

Bank Regulation Continues to be Eased but Some Regulators are Wary

There were many new regulations added in the wake of the financial crisis in an effort to prevent the next recession; with the new administration some of the regulations have been removed and now regulators are looking at lowering a key piece of regulation; the supplementary leverage ratio requires banks to maintain capital on their balance sheet as protection; bankers have pointed out that the regulation has been hurting their ability to lend and operate; some regulators agree but there are others still on from the previous administration who believe it should stay in place; there is a fear that too much deregulation will push banks to revert back to practices that contributed to the financial crisis, striking the right balance is where regulators are currently focused. Source.

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Fintech
·Apr. 19, 2022

Ethereum-focused BlockApps raised $41 million to expand into enterprise blockchain space

While the digital asset industry has brought in some skeptics over the past couple years, investors are hoping that crypto startups can push traditional firms into blockchain infrastructure.BlockApps has raised $41 million in a new funding round to continue its expansion into the enterprise blockchain...
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FintechNews RoundupUSA
·Apr. 19, 2018

Wrap-Up of LendIt Fintech USA 2018

Last week the sixth annual LendIt Fintech USA conference took place in San Francisco. Here are Peter Renton’s thoughts on some of the ideas that were shared by the keynote speakers as well as a summary of the rest of the event. Source.

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Asia/PacFintechNews Roundup
·Apr. 25, 2017

Dianrong Looking to Fully Implement Blockchain

Chinese P2P lender Dianrong is looking to implement blockchain across their entire company to enhance transparency and security for their customers; this is in addition to a recently announced partnership with Taiwan-based Foxconn to launch a blockchain startup called Chained Finance; according to CoinDesk Dianrong's blockchain plans are detailed on their website and they explain using an ethereum-based solution designed to facilitate tamper-proof loan contracts, donations to charity and credit management; Dianrong is also rumored to go public sometime in the near future, though IPO talk has been discussed for a few years. Source

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Fintech
·Jun. 10, 2022

El político venezolano Leopoldo López y otros, envían carta a EEUU sobre Bitcoin

Lyudmyla Kozlovska expuso lo siguiente sobre BTC:Patrocinado Patrocinado “Para mí, Bitcoin no es solo tecnología. Literalmente ha salvado la vida de mis amigos y de muchos ucranianos.Sin él, no hubiéramos podido recaudar dinero tan rápidamente para pagar el equipo de protección de los soldados en...
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