The UK first created a regulatory sandbox in 2016; the Financial Conduct Authority is now seeking feedback on whether it should expand their sandbox globally; fintechs would benefit by having the ability to test in other countries and regulators could work together on some of the issues related to companies seeking to operate across borders; the FCA stated, "The overall approach would be to better understand and solve common regulatory problems, as well as being more helpful to firms who have aspirations to grow at scale in multiple markets." Source
Mizuho Financial Group is looking to invest several billion dollars over the next five years, targeting fintech in Asia; the...
Neofin goes live in the US with Stately Credit for their no code lending platform.
Brazil and Mexico are often talked about as fintech booms in Latin America; the size of the industry overall is...
Lend Academy shares some of the biggest news stories of the year; includes Mike Cagney departing SoFi, the Cleveland Fed retracting their report on “p2p lending”, Prosper’s $5 billion deal, Renaud Laplanche’s new venture and more. Source
We’ve seen many banks who have launched their own fintech offerings; NatWest with Mettle and Bo is one example and...
Trust of US banks has fallen according to recent research; 40 banks were evaluated as part of the 2019 American...
With the new investment, Finkargo plans to accelerate the growth of more than 600 companies in the international trade sector.
Banks are haemorrhaging deposits and fintechs diversifying banking partners - Treasury Prime announces new partnership to help both sectors.
It turns out, like many Central American countries, Guatemala is a hot market for fintech, with a GDP of $77.6 billion in 2020, making it the second-largest economy in Central America and the Caribbean.