Fintech News

Fintech Digital Transactions / May 3, 2021

Financial-services technology provider Mogo Inc. on Monday announced the purchase of 146 Ether coins at an average price US$2,780. Ether is the cryptocurrency used by Ethereum, an open-source, blockchain-based, decentralized software platform. The purchase of Ether coins is part of Mogo's asset-investment strategy, which includes investing up to 5% of the value of its cash and investment portfolio in cryptocurrencies.

Fintech AltFi / May 3, 2021

As fintech apps add more and more products to their apps, have we already seen the first 'super app'? Or is it still a distant dream? Weekly Leading Article Hardly a day goes by without a fintech releasing a new product or service, taking them a step closer to becoming a one-stop-shop for all their customers' financial needs.

Fintech Crowdfund Insider / May 3, 2021

We recently caught up with Bhavik Vasa, founder and CEO at GetVantage, which is India and Southeast Asia's first revenue-based financing Fintech platform. Vasa talked about the different challenges entrepreneurs face as they work on developing new products and services.

Fintech Coinspeaker / May 3, 2021

Author: Andrey Sergeenkov Founder and editor at BTC PEERS. Andrey writes about financial experiments, DeFi, cryptocurrency, and blockchain. Binance Coin (BNB) Price Breaks Above $650, Market Cap Surpasses $100B Binance coin (BNB) is now up over 3688%, 97%, and 38% in the past year, 30 days, and two weeks respectively.

Fintech Silicon Canals / May 3, 2021

Based out of Dublin, Fenergo provides solutions for banks to help them with managing client data and regulatory compliance. In the latest development, the Irish fintech company Fenergo has reportedly sold a majority of share in the business for $600M (approx €500M), valuing the company around $1.165B (approx €966M), as per the sources.

Fintech Yahoo Finance / May 2, 2021

Apex Fintech Solutions Announces Blow-Out Earnings Ahead Of NYSE Listing What Happened: Blank-check company Northern Star Investment Corporation II announced that Apex Fintech Solutions LLC, a business-to-business platform that powers innovation in fintech, investing and wealth management, reported its results for the first quarter of 2021.

Fintech The FinTech & InsurTech Platform / May 2, 2021

The role of financial inclusion in reigniting the global economy in a post-pandemic world cannot be understated. Ensuring universal access to financial products and utilities features in of the UN's seventeen Sustainable Development Goals, identified as an enabler for ending poverty and hunger and achieving gender equality.

Fintech Crowdfund Insider / May 2, 2021

ClearBank, the UK's first "new clearing bank" in over 250 years which aims to bring open competition and transparency to the nation's financial services sector, has published a report covering the working relationships between banks and Fintechs. The report is titled, How Well are Fintechs Served by Banks?

Fintech Nairametrics / May 2, 2021

The Federal Government has announced that it will bar passengers who have visited India, Brazil and Turkey in the past 14 days from entering the country. This is part of precautionary measures introduced by the government to reduce the risk of a spike in Covid-19 infections due to travellers coming from other countries as concerns over the new wave of coronavirus disease in some parts of the world continues to mount.

Fintech Forbes / Apr 30, 2021

Asian equities had a mixed start to the week Monday as the market digested news that Meituan would become the next target for regulatory action arising from China's new, internet platform-focused anti-monopoly law. However, the company has $2.6 million in cash on its balance sheet to cover any fines.

Fintech ABC News / Apr 30, 2021

Chinese financial regulators have summoned 13 companies engaged in online finance services, including Tencent and Bytedance, and told them to strengthen anti-monopoly measures HONG KONG -- Chinese financial regulators have summoned 13 companies engaged in online finance services, including Tencent and Bytedance, and told them to strengthen anti-monopoly measures.

Fintech Benzinga / Apr 30, 2021

Quote To Start The Day: "My fantasy is to break up the big banks. I wish we would end 'too big to fail' in our banking system." Source: Kenneth C. Griffin One Big Thing In Fintech: Per a CB Insights compilation of Q1 2021 fintech venture capital data from around the world, the first three months of the year were the most valuable period for fintech investing, ever.