Nubank and Ualá expanded to Colombia to boost customer acquisition. Replicating success in Latin America is no easy feat for digital banks.
As economic conditions worsen, Nucleus has launched Pulse, providing SMEs with critical insights on their business health.
Numerated, a financial Software-as-a-Service (SaaS) company, has acquired fellow US fintech Fincura Inc, to build the future of business banking.
Bank technology provider Numerated has expanded their small business offerings after clients were asking the firm to push further in...
In the last two weeks along small business lending platform Numerated has signed up more than 70 banks to use...
UK based digital wealth management firm Nutmeg is launching a crowdfunding campaign as they eye international expansion; funds will be...
UK based digital wealth manager Nutmeg has raised $59mn from a group of investors including Goldman Sachs and Hong Kong...
The UK’s biggest robo-advisor has seen assets under management grow to over $798mn and customers exceed 25,000 at the end of 2016; however the company also reported a 5 percent increase in losses and a 10 percent increase in operating expenses; building up scale to eventually make money looks to be the biggest challenge for the growing fintech company. Source.
Nvidia CEO recently explained to VentureBeat: "Cryptocurrency and blockchain are here to stay. Over time, it will become quite large. It is very clear that new currencies will come to market."; Nvidia makes graphic cards that help cryptocurrency miners to add new transaction blocks; Nvidia believes there is a lot to gain from the recent trend in cryptocurrencies as the rise in coin prices results in higher demand for cards; not all graphic card makers see the benefits, as CoinDesk points out that rival company AMD is not as bullish and they don't think there is a long term market for them in the space; the graphic cards, known as GPUs, are used to mine newer cryptocurrencies like ethereum and litecoin. Source
Even as prices for digital currencies have soared throughout 2021, Nvidia has not cashed in on making the digital "shovels" for miners.