Nine new startups spanning blockchain and digital currency are now a part of the FCA's regulatory sandbox; companies added are Billon, BitX, Epiphyte, Govcoin Limited, Otonomos, Nivaura, SETL, Tradle and Tramonex; FCA executive director of strategy and competition, Christopher Woolard, stated, "It has been an intense process for both firms and ourselves and we are grateful for their cooperation and hard work in getting us all to this position. We look forward to these businesses bringing new products and services to market whilst we ensure that appropriate consumer protection safeguards are in place." Source
Ning Tang, founder and CEO of CreditEase, has received the China Financial Literacy Distinguished Contribution Award; the honor was awarded at the 2nd China Financial Literacy Annual Conference; as an institution, CreditEase was also honored with the China Financial Literacy Distinguished Contribution Award; the awards recognize Ning Tang and CreditEase for their broad commitment and contribution to financial inclusion, wealth management, fintech innovation and public financial education. Source
CreditEase was China's first P2P lender, founded in 2006; since its founding the firm has been expanding its services to wealth management and robo advice; Ning Tang, CreditEase founder and CEO, provides his insight on the business and the online lending industry in an interview; highlights how the company plans to expand its business lines through partnerships while also managing regulatory controls. Source
Covering global payments and ecommerce, Nium is now valued at over $1bn, with a run rate topping $100m, and has attracted over $200m funding in 2021 alone.
Niyo $100M Series C to Propel Neobank's India Offerings. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
SEC Chair Gary Gensler lays out some sensible goals, but his proposals are a nonstarter. ...
Decentralized finance does not equal shadow banking and "too big to fail."...
I was reading the Financial Times over the weekend and I came across this article citing a banking analyst’s perspective...
Nominations for the LendItFintech Industry Awards Dinner are now open. The dinner will be held on April 10, 2018 at One Market in San Francisco and the event will celebrate 500+ Fintech influencers and innovations and their outstanding achievements in 21 categories. We encourage fintech companies from around the world to apply for the categories that are the best fit. Source
The Industry Awards Dinner is often the highlight of LendIt Fintech USA for those that choose to attend the celebration...