Adam Fisher, head of macro investing at Soros Fund Management has received approval to trade cryptocurrencies but has not begun trading them according to sources; Soros recently spoke at the World Economic Forum in January stating that cryptocurrency is a typical bubble, but was more bullish on blockchain technology; his family office as of Q4 2017 had a significant stake in Overstock.com. Source
John Pitts is policy lead for Plaid and has been critical of the Paycheck Protection Program; beyond the challenges of...
No longer a niche market, gig economy workers are expected to represented 50% of the workforce in the US by...
Artificial intelligence has been a hot term in finance the last few years and now global banks are making it...
The Cambridge Centre for Alternative Finance, the World Bank and the World Economic Forum launched a new survey today to...
Global Debt Registry (GDR) will partner with TransUnion for data to enhance GDR's eValidation services; the data partnership will help to improve eValidation's verification for investors and issuing creditors also providing more in-depth analytics on borrowers; GDR President Charlie Moore says, "Their data allows our investors to gain more confidence in the underlying assets through verification, validation and enhanced credit risk tools." Source
According to a new report by CB Insights global fintech funding reached $5.4bn across 323 deals in Q1 2018; deal activity was highest in the U.S. and Asia, Europe on the other hand fell to a five quarter low; early stage companies in Europe were not receiving investments, though later stage companies were still having success; regtech, wealth management and digital banking led the way, while online lenders lagged behind. Source.
California-based Kountable is an invoice and trade financing platform currently offering financing for businesses in Rwanda; firm has secured a $150 million credit line from a private credit asset manager; funding will help the company to expand in the global trade finance market. Source
Crowdfunding site GoFundMe saw a 60 percent rise in campaigns over a four day period from March 20 to March...
Indonesia based ride-hailing startup Gojek has branched out beyond their core business into food delivery, logistics and digital payments; the...