Thursday, June 24, 2021
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Fast Secures Funding From Stripe
Fast Secures Even More Funding From Stripe It's no surprise to see Fast, a two year old fintech, experiencing an influx of growth over the past year after an additional round of funding was led by Stripe. Fast, a firm based in San Fransisco, has observed rapid growth comparable to Stripe's own extraordinary growth – a firm which is now...
Plaid Looks Set to Be Valued at $15 Billion
Let's Look How Plaid Looks Set to Be Valued at $15 Billion Plaid is currently in the midst of a volatile fundraising drive that could be worth up to $15 billion, according to investors. This is roughly three times the $5.3 billion valuation that Visa gave it before the failed merger. Preparations for the current funding round continue, as reported by...
N26 Reaches Over 7 Million Users
N26 Reaches Over 7 Million Users N26, a leading digital bank, recently celebrated surpassing 7 million clients throughout US and European markets. When they successfully reached EUR 5.5bn monthly transactions, N26 proved the overall sturdiness of a digital worth proposition. By concentrating on improving and scaling their digital banking, N26 managed to keep up with their customers' ever-changing demands. While individuals...
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...
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 to Start Investing with $500 or Less Using Robo Advisors
How to Start Investing with $500 or Less Using Robo Advisors Many people assume they don’t have enough money to invest. They figure $500 is nothing and won’t get them anywhere.  What if it could? What if using robo advisors, you could invest with just $500 and turn it into so much more? What if you don’t need to be rich to...
What Do the Most Successful Fintechs Have in Common?
What Do the Most Successful Fintechs Have in Common? Becoming a profitable and successful fintech company is difficult, even if you have a good chunk of funding available to you. According to the Wall Street Journal, about 75 per cent of venture-backed startups fail. So if most fintechs fail, what can up and coming startups learn from some of the...
Why Walmart Is Looking to Enter the Fintech Space
Why Walmart Is Looking to Enter the Fintech Space In early January, a surprising announcement was that Walmart plans to expand its services by creating a fintech startup. The company plans to partner with Ribbit Capital (a backer of Robinhood and Credit Karma) to launch the startup. With the aim to “deliver tech-driven financial experiences tailored to Walmart’s customers and...
Online Brokers See a Surge in Usage Thanks to Reddit Users Rally On Silver XAG/USD
XAG/USD (Silver) Has Given Online Brokers A Surge in Usage Thanks to Reddit Users While fintech investment platforms and online brokers have observed surges in overall usage, the shares of GameStop stocks climbed with fierce enthusiasm over the last week or so. Gamestop, alongside other stocks including BlackBerry and Bed Bath & Beyond, quickly earned negative reputations on Wall Street...
3 Reasons Why Fintechs Are Pushing Impact Investing
3 Reasons Why Fintechs Are Pushing Impact Investing Years ago, if you wanted to invest in companies that have a real impact on the world, you would struggle to do so. However, fast forward to today, and it is easier than ever to invest in companies that have a positive affect on society. Fintech companies like Tickr and Clim8 Invest are...
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