Monday, October 25, 2021
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Coinbase Looks Set to Reach $100 Billion Valuation
Coinbase Looks Set to Reach $100 Billion Valuation The cryptocurrency trading platform known as Coinbase, has been taking advantage of bitcoin's 300% rise over the last year. Lined up to become the next big initial public offering in fintech, Coinbase recently publicized their plans to pursue a direct listing in order to sell shares directly to the public and avoid...
How Fintech is Revolutionising the Insurance Sector
How Fintech is Revolutionising the Insurance Sector The fintech revolution is benefiting the insurance sector in more ways than possible. It is ensuring secured, personalised, and better customer service.  From the time insurance sectors came into existence, people have begun insuring everything from electronic appliances to their own lives. This increased need to insure everything has expanded the demand of the...
Vevolution Launches a New Fintech Platform
Vevolution Launches a New Fintech Platform Beginning as a media company back in 2016, Vevolution started out with dreams of supporting innovators of plant-based products. This London-based movement has recently begun promoting a more environmentally friendly lifestyle, announcing the launch of its newest fintech platform. This fintech works to connect entrepreneurs who strive to create the most sustainable, plant-based solutions...
There Are Now More Than 700 Fintech Companies in Australia
There Are Now More Than 700 Fintech Companies in Australia Over the course of the last year, Australia has witnessed more than 100 new Financial Techs, or FinTechs, show up on the scene. Blockchain technology, and lending applications were among the top of the market entry list. In September 2019, KPMG, a professional services firm, examined Australia's FinTech market, when...
£132M Fintech Fund Closed by Finch Capital to Invest in Series A & B
Big News for £132M Fintech Fund Closed by Finch Capital to Invest in Series A and B Finch Capital recently announced the close of their £132 fund, Europe III. The Amsterdam and London based fintech plans to invest in European technology companies, in order to help shape the future of finance through artificial intelligence (AI), and the like. Series A &...
How To Fully Automate Your Finances
Best Way To Fully Automate Your Finances Not long ago, if you wanted to manage your money effectively, you’d often have to pay for an expensive financial advisor. However, fast forward to today, and now anyone can manage their finances effectively, and the best part is it can all be fully automated. Innovative fintech solutions can now help improve your...
Brazil's Nubank Raises $400 Million in Latest Funding Round
Latin America's Nubank Raises $400 Million in Latest Funding Round Becoming one of the most valuable Latin America financial institutions, Nubank, a Brazilian challenger bank, raised $400 million in Series G funding last week. This funding round has also seen them become the largest Fintech in Latin America. The neobank is extremely popular with Brazilians, as they provide similar banking services...
Fidelity Announces Plans to Release Bitcoin ETF
Fidelity Release Bitcoin RTF Last week, Fidelity Investments announced their plans to release their own exchange-traded fund, tracking the price of Bitcoin. This unveiling only furthers Fidelity's push to place cryptocurrencies at the center of mainstream finance. Serving as the fund's custodian, Fidelity Digital Assets will store the ETF's holdings. According to Fidelity's security filing, Wise Origin Bitcoin Trust aims...
Plans for Digital Ruble Announced by the Bank of Russia
Digital Ruble Announced by the Bank of Russia The Bank of Russia is considering issuing a digital currency through their own central bank in the form of a digital ruble. Bank of Russia's move will serve as part of an objection aimed toward developing their national payment system. The launch of the new digital currency will help in creating business...
Fintech Company Stripe Expands Into the UAE
Stripe Finally Expands Into the UAE Since early on in 2019, Stripe has been working on expanding its presence throughout the Middle East, with a focus on current projects in the United Arab Emirates. Stripe recently opened an office in the information technology park of Dubai Internet City, which comes mere months after the introduction of a private beta. As...
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