The San Francisco based online marketplace for consumer loans has gone public down under in the biggest tech IPO of the year on the Australian Exchange. Source
The FT is reporting that leading UK fintech bank Monzo is close to agreeing to a funding deal that will...
The Hong Kong-listed company is, according to one banker at HSBC, the answer to Facebook, WhatsApp, Spotify, Kindle and ApplePay, but all under one roof; based in Shenzhen, considered the Silicon Valley of China, they employ 3,000 people where over half are focused on research and development; they also have a multi-billion dollar investment portfolio; they are one of the top three companies in China and have successfully expanded worldwide with apps like WeChat. Source
On episode 41 I talk with Jared Shulman and Jerry Shu of Lendica. Lendica is a truly embedded finance company focused on smart lending.
Asset allocation is an emerging concept increasingly being introduced to Chinese retail investors who have historically invested in highly volatile markets; CreditEase is one fintech company in the region seeking to educate and support more strategic investing through robo advisory services; the fintech company launched its Toumi robo adviser service in May 2016; the automated service provides advice for clients based on age, risk aversion and other preferences; it offers stable returns with low fees; with numerous cases of fraud from fintech investing in China more of the retail population is interested in safer robo advisory investment options; the country currently has approximately RMB 100 trillion ($14.5 trillion) in personal investable assets with nearly all the major banks developing new robo adviser services. Source
Securitize Hits Top 10 With Pacific Stock Transfer Purchase. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Many of the new offerings in fintech today are targeted at the younger generations; these younger generations who are embracing...
Buy now, pay later products like Klarna's have seen surging demand over the last year, thanks in no small part to the coronavirus pandemic.
Recently Morgan Stanley published research sharing that digital payments penetration in India could increase from 5% today to 20% in 2027; the e-commerce market could reach $200 billion with 475 million shoppers by this time; the author delves deep into the Chinese and Indian payments markets, sharing why America could miss out on India’s fintech revolution. Source
Digital asset services fintech Bakkt has raised a $300mn series B from Microsoft’s venture capital arm M12 and fintech PayU;...