Fintech is a booming industry that’s on everyone’s mind, especially investors. As the tech-savvy Millennial generation has aged, banking and financial options evolved, too, and once rare perks like mobile banking became standard, forcing brick-and-mortar institutions to become tech-enabled. Fintech Companies to Know Square Cash App Chime Plaid Circle SoFi Stripe Coinbase Robinhood Venmo But … Read more
Plus: Koho wants a licence to compete. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using this form. In banking licence pursuit, Koho is chasing a “seat at the table” and real competition … Read more
– By Nirav Choksi In a span of two decades, FinTech has emerged as one of the fastest-growing segments in the financial services world. With groundbreaking innovations, FinTechs have shaped an entire generation. Each disruptive FinTech model has turned out to be seemingly more game-changing than the last. With differentiated, innovative, customer-centric value propositions, and … Read more
Richard Turrin, Author of ‘Cashless’, reveals the true potential of e-CNY that goes beyond retail payments and insights into ways of breaking the dollar monopoly on oil trade. After Dr. Michael Salmony explored the evolution of money from traditional banknotes to digital CBDC, Richard takes the baton in our CBDC series, shedding light on … Read more
December 4, 2023 Two Iowa-based insurtech conveners create a network of entrepreneurial support Iowa’s insurance industry is synonymous with innovation and collaboration – guiding principles shared by two global insurance accelerators operating in the state. Started in 2014 as the first-of-its-kind in the world, the Global Insurance Accelerator (GIA) has provided insurtech startups with the … Read more
US-based neobank iPeakoin has raised nearly USD 10 million in a Series A funding round led by China-based venture capital firm ZhenFund. According to Yahoo, the company has garnered attention in the fintech sector for its focus on bridging traditional finance and the crypto industry. iPeakoin’s product suite targets diverse industries, including advertising, gaming, … Read more
DUBAI, United Arab Emirates, Nov. 24, 2023 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange and Web3 technology company, has issued updates for November 24, 2023. OKX to List Fetch AI (FET) and SingularityNET (AGIX) on its Spot Market OKX today announced that it will list two tokens on its spot market at 10:00 (UTC) … Read more
Plaid’s new head of Europe, Brian Dammeir. Plaid U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company told CNBC exclusively. Dammeir was previously Adyen’s global head of unified commerce, a role he led out of the Dutch payment company’s San Francisco office. Dammeir oversaw … Read more
NatWest is updating its chatbot, Cora, embedding generative AI into the program to make engagement more conversational. The bank has partnered with IBM, using AI and watsonX, IBM’s data platform. Called Cora+, the bot will access data from more sources to answer questions about bank services, information about the bank and job postings. “Building on … Read more
The fintech sector in 2023 has experienced unparalleled expansion, marking its prominent role in the worldwide financial landscape. As per EMR’s data, the global fintech market reached a significant valuation and is projected to expand at a CAGR of 16.8% during 2023-2028, targeting a market size of USD 492.81 billion by 2028. Source: Expert … Read more