UK millennial banking app, Loot, has raised $2.5 million from backers that include SpeedInvest and Global Founders Capital; Loot is an app for millennials to monitor spending and transactions; an account is setup using a photo, ID/passport and a UK address. Source
A British Business Bank spokesperson said: “The British Business Bank stepped up to deliver the Bounce Back Loan Scheme on behalf of government to ensure access to finance was available at pace and at scale during the pandemic. The Bank ensured that key counter-fraud measures consistent with the self-certification design of the scheme were in...
In an op-ed in City A.M. the Lord Mayor of London, William Russell, argues that the fintech revolution began in...
Los argentinos recurren a Bitcoin para luchar contra una tasa de inflación cada vez mayor. En abril, la inflación alcanzó el 58%.
Estos archivos digitales únicos viven un auge en el mundo y nuestro país no es la excepción/¿Cuál es su atractivo, cómo se relacionan con el metaverso (y la moda) y por qué coparon el mundillo del arte?
Many of the top cryptocurrencies have fallen in price as of late; Coindesk shares a chart highlighting the percentage decline of the top 10 crypto assets; the biggest losers at time of writing are Cardano, Stellar and Ripple. Source
Competition in the financial services landscape is growing and today’s influx of neobanks and non-bank entrants makes it fiercer than ever. Many of these fintechs are beginning to eat away at traditional financial institutions’ market share for products and services at unprecedented levels and they are doing so by offering first-class end-to-end online customer experiences.
Loyal3 recently announced the service would be shutting down effective May 22, 2017; the company provided commission free investments with a minimum investment of just $10; also offered investors a chance to access some IPOs; Loyal3 is offering several options to investors including moving securities to FolioFirst, transferring shares to another brokerage or selling shares; many people speculate that the shutdown will be a boon to Robinhood's business which offers similar services. Source
In this week’s PeerIQ Industry Update they cover the drop in unemployment to 3.8 percent and the rise in hourly...
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