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Fintech

Fintech
·Nov. 2, 2021

Why challenger banks find it hard to challenge

I was thinking about this article in The Telegraph saying what a rotten job supermarkets have made of competing with banks. Tesco sold its mortgage book to Lloyds two years ago owing to “challenging market conditions” and is now closing all personal current accounts. Marks & Spencer this year decided to …
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Fintech
·Nov. 2, 2021

New York expands CRA requirements to nonbank mortgage lenders

The state joins Illinois and Massachusetts in subjecting nondepository companies to state-level Community Reinvestment Act requirements.
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Fintech
·Nov. 2, 2021

The Secrets to Serving the Unbanked Profitably

Digital isn't the only solution to serving the unbanked. One key is to not treat this challenging 'segment' as a segment at all.
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Fintech
·Nov. 2, 2021

Decentraland mana cryptocurrency rallies after Facebook name change

Little-known cryptocurrency mana surged to an all-time high over the weekend amid excitement over Facebook changing its name to Meta.
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Fintech
·Nov. 2, 2021

Argentine exchange Buenbit now offering crypto trading app in Peru

Argentina's Buenbit is expanding its crypto trading app to Peru-based customers.
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Fintech
·Nov. 2, 2021

BS2 explora modelos de negocio con open banking en Brasil

El banco brasileño BS2 apunta a desarrollar nuevos servicios y modelos de negocios al suscribirse al marco del open banking
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Fintech
·Nov. 2, 2021

Loft announces its debut in Mexico with the acquisition of TrueHome

Loft announces its debut in Mexico with the acquisition of TrueHome. Read all about it on LABS News!
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Fintech
·Nov. 2, 2021

Fintual levanta US$39 millones en ronda Serie B liderada por Sequoia Capital

Como referencia, NotCo logró US$30 millones en la misma etapa de inversión, Cornershop US$21 millones y Betterfly alcanzó US$60 millones en junio de este año.
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Nubank f-1
Banking
·Nov. 2, 2021

Nubank officially files for IPO on NYSE

'Nu's valuation is not crazy. In fact, they are valuing each customer at about $1,000, whereas U.S. and European neobank valuations put their customers closer to $2,000.'

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Fintech
·Nov. 1, 2021

Biden Administration Targets Stablecoin Digital Currency for Banklike Oversight

A Treasury-led panel asked Congress to set up a regulatory framework to address growing risks.
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