FinTech

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Goldman Sachs Invests €25 Million in Raisin to expand in US and Europe

July 18, 2019

AUTOMATED NEWS ALERT Goldman Sachs Invests €25 Million in German Fintech Raisin, best funded startup in the savings and investment market. Pan-European savings marketplace Raisin (Weltsparen) announced a new investment of €25 million by Goldman Sachs. With the new funding bringing the total volume of primary investment to €195 million. The tech startup is operating […]

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SEC seeks to block blockchain? First they are looking to contract a data monitoring company

July 9, 2019

The United States Securities and Exchange Commission (SEC), on 100 F Street, NE, Washington, DC seeks to contract blockchain data monitoring company. “Searching for a company that would help them monitor blockchain data to reduce potential risks,” according to the official SEC notification on the Federal website states.    SEC “intends to procure a commercially […]

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Facebook’s Calibra Digital Wallet is not a crypto, it’s a Bank, and this seriously shakes the financial world

June 20, 2019

by Daniel A. Bujorean You all heard the news, Facebook is going into cryptocurrency, or more exactly the digital wallet. Well, this is not actually the case. Facebook is looking to do something else at a level that seriously shakes the financial world. Announcing its Libra crypto and Calibra digital wallet, Facebook clearly stated that […]

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PayPal becomes strategic investor in European fintech firm. What is Tink?

June 6, 2019

AUTOMATED NEWS ALERT PayPal becomes strategic investor in European fintech firm, Tink “Tink launched in 2012 with the aim of making banking better, pioneering technology that creates improved customer experiences and brings more financial clarity. What began with a consumer app has today become a platform that offers the tools to let anyone build the […]

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Mastercard seeks closer relationship with fintech startups to benefit from their growth in the early stage

June 5, 2019

AUTOMATED NEWS ALERT Mastercard seeks closer relationship with fintech startups to benefit from payment innovation. This is a great way to early stage invest and make sure the company is part of the new business models developed. With its startup accelerator programme, called Start Path, which runs on a global scale, along with the setting […]

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Another Fintech: Plaid launches in the U.K., setting the stage for global expansion. Who are they?

May 30, 2019

  Plaid launches in the U.K. But Who are They? Fintech start-up Plaid is reviving up its global expansion, which should enable the popular apps it powers to do the same. After launching in Canada last year, the company announced the U.K. launch on Wednesday. (– Yahoo Finance)   Plaid is focused on democratizing financial […]

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UK becomes world’s top fintech hub as startups rake in £4.5 bn

May 15, 2019

AUTOMATED NEWS ALERT UK becomes world’s top fintech hub as startups rake in £4.5 bn The UK is the world’s top fintech hub with high-growth firms attracting more than £4.5bn in investment over three years, it emerged today. The City is followed by Cambridge with £583m, according to a new report by startup body Tech […]

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Fintech Raisin Analyzes European Saving Behaviour

May 10, 2019

AUTOMATED NEWS ALERT Fintech Raisin Analyzes European Saving Behaviour … Raisin, a Fintech that enables consumers to discover higher interest rates for their savings account, has analyzed European savings behavior in honor of Europe Day. Raisin reviewed UK, Spain and Germany. Some key findings are: – In Germany there is a high gender pay gap, […]

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Study: Digital Banking Market Is Expected to triple by 2025

April 20, 2019

AUTOMATED NEWS ALERT Digital Banking Market Is Expected to Reach 16200 Million. “Digital banking involves high levels of process automation and web-based services and may include APIs enabling cross-institutional service composition to deliver banking products and provide transactions.” – wikipedia.com North America market took up about 48.73% the global market in 2017, while Europe and […]

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Top money transfer apps in CEE: Which are most popular?

April 8, 2019

AUTOMATED NEWS ALERT Top money transfer apps in CEE: Which are most popular? As evidenced by the phenomenal growth of startups like Revolut, money transfer platforms are capturing more of the $160 billion of remittance flowing out of European countries each year. With dozens … “It turns out that PayPal, relative-newcomer Revolut and TransferWise are […]

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