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Fintech News


Bitcoin has propelled Cash App and Square's (SQ) revenues and led to higher engagement and segment gross profit. Here's why I'm bullish.
Square: A Top Fintech And Crypto Play
Seeking Alpha

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.

Wealthsimple Financial Corp. ("Wealthsimple"), a member of the Power Corporation group of companies and one of Canada's leading financial technology companies, issued a press release today announcing it has signed a $750 million financing round.
Power Corporation's FinTech Strategy Creating Shareholder Value
Yahoo Canada Finance

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.

With the help of diverse startups, United States has revolutionized the Fintech industry. The article list 5 fast-growing FinTech companies in the region
5 fastest growing FinTech companies in the United States
IBS Intelligence

On April 28, 2021, the Ministry of Finance and Public Credit published in the Official Federal Gazette the authorization for the organization and operation of Tu Dinero Digital, S.A. de C.V., an electronic payment fund institution, and BXL Fintech, S.A.

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.

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.

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 Focus Roundup For May 2, 2021
Yahoo Finance

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.
Why fintech is the biggest driver of financial inclusion | Financial Services (FinServ)
The FinTech & InsurTech Platform

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?

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: We have no interest in stifling innovation
Nairametrics

But services that help consumers trade might need to retool their models over time to ensure long-term income With the Coinbase direct listing behind us and the Robinhood IPO ahead, it's a heady time for consumer-focused trading apps.

Fintech recruiting draws on a broad array of talent across Wall Street and technology. Venture funding for fintechs reached record levels in the first quarter of 2021. Insider compiled the top 10 fintech headhunters you need to know. See more stories on Insider's business page.
Top Fintech Headhunters Working in the Red-Hot Market
Business Insider

Subscribe to push notifications Will Brewster, Daversa Partners Key placements: Varo, Stash A director at Daversa, Will Brewster joined the firm in 2013 after starting his career at BNY Mellon within its global collateral services division, according to his LinkedIn.
10 Fintech Headhunters You Need to Know for Recruiting Top Talent
Business Insider

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.

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.

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.
Fintech Focus For April 30, 2021
Benzinga












Forbes


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