They are taking advantage of their size and low costs. But can they stay a step ahead for long?
UK payment aggregator Curve is launching its own credit offering later this year called Curve Credit; they began testing the...
The company touts this new round of funding as “the largest Series B round ever raised in Latin America.”
Hindenburg's tale of fraud and manipulation has dirtied Dorsey's rose-tinted vision of economic empowerment.
Fintech start-up Ripple on Tuesday said it’s launching a new product that lets financial services firms offer their customers the ability to buy and sell cryptocurrencies.
Yixin Group Ltd., a Chinese online car lender, filed for a Hong Kong IPO looking to raise $900mn; the deal could value the fintech company at $6.5bn if shares price on the higher end; Yixin Group Ltd. is a unit of NY listed Bitauto and is backed by Baidu Inc., Tencent Holdings Ltd. and JD.com Inc. Source.
Pinwheel released a consumer finance survey that showed 75% of respondents wished consumer finance relied on more than just credit scores.
Standard Chartered is using the Ripple Network to improve the speed of payments within the bank’s supply chain; Bill Winters...
Scott Morrison, Australia's treasurer, spoke about regtech at the Fintech Australia Summit; the treasurer discussed a regtech collision occurring in fintech where both crowdfunding firms and traditional banks are benefiting from increased technological innovation around regulation; likely that the marketplace lending ecosystem could see expansion in regulatory technology innovation. Source
Bill Miller discusses his $154 million hedge fund MVP 1 and its 30% allocation to bitcoin in a Wall Street Journal article; the fund is up 72.5% this year and according to a letter to investors the fund paid an average price of $350 per bitcoin; while his fund has done well he is aware of the risks that bitcoin could go to zero, providing his perspective in the article. Source