Videogames have already had an outsize influence on corporate technology in areas like cloud-computing, AI, virtual marketplaces and cryptocurrency. In a union of Microsoft and Activision, much more would be on the way, analysts say.
In a new Wall Street Journal feature, called Back in Business, Jason Zweig provides some detail into the origins of...
According to CommerzVentures’ second report on climate fintech, venture capital (VC) funding for fintechs driving net-zero economies hit a record high in 2021.
A significant moment as the OBIE attempts to turn a new leaf.
The FT is reporting that leading UK fintech bank Monzo is close to agreeing to a funding deal that will...
Former Merrill Lynch advisor Carlos Garcia is leading the launch of a new robo advisor, Finhabits, targeting Latin Americans; the platform offers investing and advice through investment accounts and Roth IRAs with low minimums of only $5; targeting the Latin American community the service will be available in both English and Spanish; fees are slightly higher due to the customized target demographic with a $1 per month fee for accounts under $2,500 and a 50 basis point annual fee for accounts over $2,500. Source
The company passed £1bn in 2016 after 5 years and booked another £1bn in just 14 months; part of their success in increasing originations has been due to two new products, confidential invoice discounting and business loans; their larger institutional investor base has also allowed them to fund larger businesses with bigger funding requirements; in 2017 the firm lent £714.2m to businesses. Source
Stablecoins play an essential role in the crypto-asset ecosystem, although it does pose risks to market liquidity if they fail.
The crypto lending industry has been able to show some significant growth even as cryptocurrency prices have tanked in the...
Money is edging toward its biggest reinvention in centuries. Modern technology and even the coronavirus pandemic are pushing consumers to go cashless, and with alternative concepts like Bitcoin taking hold, central banks are acting quickly to ensure they don’t fall behind. Their promise is a payment system that is safer, more resilient and cheaper than private alternatives. The central banks of the Bahamas, the Eastern Caribbean Currency Union and Nigeria have already become pioneers in central