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Fintech News


LONDON, April 29, 2021 /PRNewswire/ -- Virgin Money continues to build its business banking proposition, adding FinTech partner, Trade Ledger, which specialises in data-driven lending technology. Trade Ledger is a leading global technology provider for the commercial banking and financial services industry, supporting banks by enabling lending products to be created and offered at the right time, over the right channel.

The Select Committee on Financial Technology and Regulatory Technology has published its second report on the state of fintech and regtech in Australia, focusing again on how the government can do more to support research and development (R&D) activities, and, of course, promote blockchain.

You don't have to look too far to see the impact of fintech, or financial technology, on your life. It powers your mobile wallet, allows you to pay your bills online, and enables you to trade stocks from the palm of your hand.
3 Fintech Stocks I'd Buy Right Now
Motley Fool

SALT LAKE CITY, April 29, 2021 /PRNewswire/ -- , the Miami-based neobank that launched today to serve the needs of the Latino community, is built on the extensible payment processing platform provided by , the API standard for card issuing and digital banking.

In the past few weeks, we've heard Fifth Wall's Brendan Wallace and Hippo's Assaf Wand discuss the biggest opportunities in prop tech, heard why Scale AI's Alex Wang and Accel's Dan Levine think that unconventional VC deals can be the best option and taken a stroll thr...

For RIAs flexing between some balance of remote and in-office operations - in other words, all RIAs - this spring is a great time to revisit your cybersecurity policies to ensure your protocols still make sense given the way you do business today.
Spring cleaning fintech cybersecurity protocols after a pandemic winter
Financial Planning

Speaking at Mint's India Investment Summit 2021, Varma said, "fintech allows services to those who did not have them before, at low cost and in a frictionless manner. If India can bring more such services into the formal banking/lending system using companies such as Paytm, the country will grow more".

RICHMOND, Va.--()--Mission Lane, a purpose-driven financial technology company, today announced the appointment of Zeenat Sidi as Business Head, Digital Banking & Financial Services, and Krishna Venkatraman as Chief Data Science Officer. These new appointments come as Mission Lane adds the one millionth customer to its market-leading credit card franchise, just over two years after launching as a standalone company.

Financially, the world has been fragmented by geography. With the invention of cryptocurrency and an influx of tech products, we're beginning to see that change. As part of the She's Next Conversation Series, empowered by Visa, we connected with female entrepreneurs who are propelling innovation to develop new systems and financial tools that remove traditional barriers to financial empowerment -- even for those with no credit at all.

Click here to listen to the audio. The pandemic has accelerated digital transformation projects in financial services and led to increased M&A activity in the fintech sector. This increase can be attributed to two factors: fundraising conditions and appetite for investing. Companies are also looking to consolidate market share or diversify what they offer to their customers.
Lexology

Financial technology, or fintech, enables a nation's growth as it allows access to goods and services that are otherwise not available to everyone, said Munish Varma, managing partner, SoftBank Vision Fund, at Mint's India Investment Summit 2021. "Fintech allows services to those who did not have them before, at low cost and in a frictionless manner.

Zirtue, a Dallas-based fintech startup behind the first and only relationship-based lending app, has received an undisclosed investment from Northwestern Mutual Future Ventures, the corporate venture capital fund of industry titan Northwestern Mutual. The funding is an addition to Zirtue's seed round, bringing the total raise to $4 million.

The rise in popularity of fintech has brought with it an increase in the number of blogs and newsletters focused on the industry. Here's a list of 5 that go beyond curating the news, and provide in-depth insights into the world of fintech.

SAN DIEGO--(BUSINESS WIRE)--Apr 28, 2021-- Dalrada Financial Corp. (OTCQB: DFCO, "Dalrada") is pleased to announce to its shareholders and the public that its subsidiary Prakat Solutions, Inc. ("Prakat") and Dragonchain, Inc. - creators of "the most secure and flexible blockchain platform" - have partnered to increase business workflow efficiencies.
Prakat and Dragonchain Partner to Create Clean Energy, Fintech, and Healthcare Blockchain Solutions
Watertown Public Opinion

Rhode Island-based fintech startup Splitwise has raised $20 million in fresh funding. Founded in 2011, the app allows users to split payments like a restaurant bill through its free app. Splitwise aims to reduce the stress money can place on relationships, says CEO Jonathan Bittner. See more stories on Insider's business page.
Splitwise: Fintech Startup Raises $20m in Fresh Funding From Insight
Business Insider

Regulators need a new approach to regulate Decentralized Finance. If the existing puzzles of new financial technology-or fintech-were not enough, regulators must now confront an even deeper challenge: blockchain-based decentralized finance, or DeFi for short. DeFi services use cryptocurrencies and smart contracts to recreate traditional financial instruments and generate new ones.
DeFi Is the Next Frontier for Fintech Regulation
The Regulatory Review

Quote To Start The Day: "People who succeed have momentum. The more they succeed, the more they want to succeed and the more they find a way to succeed. Similarly, when someone is failing, the tendency is to get on a downward spiral that can even become a self-fulfilling prophecy."
Fintech Focus For April 28, 2021
Benzinga

Point Roberts, Washington and Vancouver, British Columbia--(Newsfile Corp. - April 28, 2021) - Investorideas.com (https://www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) and Fintech issues a sector snapshot looking at how AI will play a leading role in the future growth of the credit card/payment industry, featuring emerging technology company, GBT Technologies Inc.

The COVID-19 pandemic has resulted in an acceleration in digital trends. The article lists 5 FinTech funding announcements made in April 2021
Top FinTech funding rounds in the Americas: April 2021
IBS Intelligence

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Forbes


