UK fintech investment dropped 39 percent for the first half of 2020 to $1.84bn, down from $3bn in the first...
According to Bloomberg, mining the cryptocurrency is profitable in China as long as the price remains above $6,925; however, China is planning to limit the power usage by miners; Bloomberg provides additional data on electric usage of mining bitcoin. Source
After a difficult 2020 during which global investment plummeted due to the pandemic, 2021 emerged as a successful year for both public and private markets.
Good news for people with little of no credit history; Experian will begin taking cellphone and utility payments into consideration...
UK based digital bank Revolut has strongly denied claims that they interfered in Lithuanian politics when acquiring their banking license;...
The UK based digital banking firm 11:FS has hired fintech expert Sam Maule to help head up their expansion into North America; "Having made a great impact in the first 15 months of 11:FS' life, we now feel we can have a similar impact with Sam at the helm in North America and Canada, helping organizations really understand what digital transformation within their banks and insurers truly means," CEO David Brear explained; 11:FS is also looking to open a New York office and named entrepreneur and investor Lisa Gansky as non-executive director. Source
The LendIt team has combed through hundreds of applications to determine the finalists in 21 categories. Source
Digital wealth fintech Wealthfront is taking another step towards becoming a bank with their new and improved Cash Account; the...
Venture-backed Nova Credit set about developing an alternative to traditional credit analysis to empower borrowers and lenders.
Tala CEO Shivani Siroya not only points to the idea of building trust to grow a customer base but also belief in her instincts.