Stash is now letting customers invest in single stocks as it looks to broaden their product offerings; the company allows customers to by portions of shares for a minimum of $5; the new offering allows investors to invest in single companies as opposed to single strategies as they have with themed ETFs; the average investor on Stash is 29 years old and has a household income of $45,000 a year. Source.
TransferWise, Revolut and Monzo are all fintech companies that are hiring staff remotely at a time when many are cutting...
While it’s no surprise that many fintech companies were exploring the OCC fintech charter it is interesting that both Google...
The UK first created a regulatory sandbox in 2016; the Financial Conduct Authority is now seeking feedback on whether it should expand their sandbox globally; fintechs would benefit by having the ability to test in other countries and regulators could work together on some of the issues related to companies seeking to operate across borders; the FCA stated, "The overall approach would be to better understand and solve common regulatory problems, as well as being more helpful to firms who have aspirations to grow at scale in multiple markets." Source
Emmanuel Marot writes about the hybrid robo advice model in a blog post for Lend Academy; says he is not in favor of the hybrid model since machine learning can take care of the needs of investors noting that complexity nor human whims have proven to bring any value. Source
JPM CEO Jamie Dimon Slams Bitcoin as Worthless: Report. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Tax Guard gives lenders proactive insight into hidden tax risks before liens are filed through unique links with the IRS.
Mendel, a corporate spend management solution for enterprises in Latin America, announced today that it has secured $35 million in debt and equity. The Mexico-based startup closed the $15 million Series A round and $20 million debt financing after participating in Y Combinator’s Winter 2021 cohort. ALLVP and Infinity Ventures, a firm founded by a...
One year after Clocktower Technology Ventures (CTV) launched a fund to invest in Latin American fintechs, we discussed the fund's latest thoughts on the region with partner Ben Savage.