By Vladislav Solodkiy, Managing Partner at Life.SREDA
Why you should hire an artist to build fintech bank?
The First Fintech Bank’s Arrival
By Kunal Patel – Startupbootcamp/Supercharger FinTech Accelerators
The intention of this short article is not to talk about digital banking being the future, we all know it is and will be. I do feel there needs to be a clear distinction between what we’re seeing now, what we’ll see in the future and terminology. (more…)
Elevate (NYSE: ELVT) is out with a report stating that members of Generation-X, the rapidly aging population that followed the Boomers, born between 1965 and 1980, are facing economic challenges that constantly keep them off balance. Yes, Baby Boomers do suck. They Hoovered up all of the public benefits in a spending party and left ensuing generations (Gen-X and onward) riddled with debt and a government populated by nincompoops. Gen-Xers are enjoying now the impact of the Baby Boomer generated hangover (minus the party the night before). (more…)
By Tomasz Tunguz from Redpoint Ventures
How much should a SaaS startup invest in sales and marketing at different stages of the business? This is a very nuanced question, but benchmarks do provide some guidance for what is reasonable. Sales and marketing investment depends on many different factors including establishing product market fit, the business’s sales model (inside, field, freemium), and not least, cash balance and fundraising capacity. (more…)
ABN Amro is promising credit-worthy small businesses a decision on a loan application in 15 minutes through a home-grown fintech startup, dubbed New10. (more…)
By Matthew Lynley for Techcrunch
MongoDB, a database software company based in New York, has filed to go public with the Securities and Exchange Commission as it continues to burn a ton of cash despite its revenue almost doubling year-over-year. (more…)
The Inconspicuous Great Pain of Fintechs and Their Clients: How to Solve It?
According to the Money of the Future research, fintech has been the No. 1 of all venture capital industries for the second year in terms of attracted capital, especially in Asia. However, most of these companies each time face the same problem – KYC and quick customer “landing” during registration. (more…)
By Vinayak HV, Stuart Kamp, Sergey Khon, and Gillian Lee for Mckinsey Insights
Consumers across the region are adopting digital banking. Our latest study finds banks must act quickly to take full advantage. (more…)
The Monetary Authority of Singapore (MAS) announced today that it has established a Cyber Security Advisory Panel (CSAP), comprising cyber security thought leaders from around the world. (more…)