Plurall and dale! want to expand the supply of credit in the underserved market, providing solutions for small entrepreneurs to prosper.
Despite some recovery, the reality is most banks have not been generating a sufficient return on equity to cover their cost of capital.
With an SEC lawsuit clouding the coverage of Ripple, their cross-border disruption seemed subdued. The company then launched a CBDC platform.
In the space of a week, Petal and newly-formed spin-off, Prism Data have made two significant announcements, super charging open banking.
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The annual event, which ran from May 10-11 this year, witnessed an upbeat outlook, from the keynote stage to the track sessions and the Innovation Zone.
Founded in 2021 by Shanxiang Qi and MengKe 'MK' Li, Liquido recorded more than $300 million in transactions since its launch.
The central bank of Argentina surprised fintechs this month with a crypto ban which forbades neobanks from offering trading services.
While DeFi, could be powerful in improving lending, it has collateral limitations that on-chain reputation could solve.
Digital banks in Brazil are finally making inroads into one of the most competitive and highly profitable credit markets in the world.
Regional banks have taken a beating - fintechs' customer centric flexibility may provide an answer to their flawed system.