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European regulatory shows strong support for FinTech industry

The growth of the FinTech industry cannot be understated and it has the potential to become a major part of the European economy. Since 2008 it has expanded at a fantastic clip, providing more cost-effective services, innovative answers to problems effecting large numbers of consumers and business and surprising ways to use data and create new ideas and businesses. (more…)

Fintech news

February 7, 2019

3773

How the Banking Status Quo is Being Challenged in the Age of Fintech and APIs

 

It’s no secret that digital disruption is challenging the status quo in the banking world. The Digital Banking Asia Summit team spoke with Jeremy Berger, Chief Operating Officer at Arival Bank, a venture-backed digital banking startup for SMEs, to discuss new trends, innovating models, APIs and open banking. Jeremy is also the Portfolio Director of Life.SREDA, one of the first fintech only venture capital funds in Southeast Asia.

Additionally, Jeremy helped create (and now advises) Goldbell Investments, the corporate VC arm of the Goldbell Group, focusing on investments in fintech, mobility and automotive innovations. Prior to joining the venture capital and startup scene in Singapore, Jeremy worked for various fintech startups as well as one of the largest wealth management firms in the US.

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About, Banks, Influences FinTech, Open Source/ API, People of fintech

December 17, 2018

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The First Design Thinking Bank

The story of a London Design Awards winner

As a perfect way to celebrate the end of 2018, Arival Bank came home as winners yet again. This time at DRIVENxDESIGN London Design Awards 2018 – a prestigious award in the field of product, spaces and ‘digital&experience’ design. Since 2014, the Awards’ constant purpose is to “accelerate transformation, celebrate courage and growing demand for design.” The credit for yet another trophy (last month, Arival won Finovate 2018 in Hong Kong and FintechInn in Lithuania) goes to Vladimir Belyakov, Art Director of Arival Bank.

Vladimir’s prior collaboration with Life.SREDA Venture Capital, who would later create the first digital fintech bank for SMEs, started over three years ago. With an impressive portfolio of corporate identity in his back pocket as he developed the globally recognized Life.SREDA brand and Arival Bank thereafter, one of his best projects by far.

This is the story of Arival Bank from Vladimir’s perspective. A story about creativity, constant search for identity, user experience and true teamwork.

(more…)

Banks, Design, Influences FinTech, Interviews

December 11, 2018

Meet the world’s youngest digital bankers: Jeremy Berger (24) & Ollie Purdue (25)

At 24 years old, most people graduate college, consider different careers options and think about what they want to achieve in their professional lives.

But for every rule, there is an exception. Some 24-year-olds run successful businesses. And some even build their own banks.

We know at least two such exceptions: Ollie Purdue (25) and Jeremy Berger (24).

They have at least two things in common: both are young (obviously), and both have co-founded digital banking startups. And most importantly, both entrepreneurs are similar in their innovative and inclusive approach to banking.

(more…)

About, Banks, Influences FinTech, People of fintech, SME

November 27, 2018

The world’s hottest digital banking startup takes home 2 international awards in one week, preparing to launch in Puerto...

This past year, Puerto Rico has taken its place among the world’s most attractive spots for business incorporation and development of cutting-edge products and services.

Puerto Rico’s governor, Ricardo Rosselló wants to see the island develop to meet the needs of the rapidly growing innovative tech & gig economy: “I would like to see Puerto Rico become a place where businesses serve customers and coordinate operations throughout the Americas, what I like to think of as a “human cloud,” where workers spread across the island handle tasks remotely for businesses around the world.”

Puerto Rico’s agenda aligns well with Arival Bank’s goals, which aims to provide banking services for innovative tech and crypto-related SMEs. It makes Arival Bank a perfect fit into the Puerto Rico ecosystem, creating its solutions on the basis of opportunities, generously provided by the U.S. territory.

Now, it will also become the home for two international fintech awards from different corners of the world, proving that Arival Bank is on the right track.

(more…)

Banks, Fintech news, Hotnews, news, SME

November 14, 2018

Life.SREDA presents accelerator BAASIS Labs powered by Mbanq

Life.SREDA Venture Capital presents ‘BAASIS Labs by Mbanq’, a startup accelerator powered by Mbanq, the global digital banking enabler and Banking-as-a-Service (BaaS) platform. The accelerator will be first announced during Fintech Festival in Singapore on 15th of November.

(more…)

Accelerators/Incubators/Labs, Banks

November 11, 2018

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Launch of the 1st health benefit and insurance tailor-made for startup teams in China

Talents attraction and motivation have long been a headache for startups. A multi-award Shanghai-based insurtech startup provides now an unconventional way to support such needs by crafting StartupCareTM, a health solution firstly targeted for startups. (more…)

Hotnews

November 9, 2018

Digital banking challenger Monese launches business accounts

Monese recently raised $60m in its series B funding round

via CityAM

Digital banking app Monese announced its expansion into the world of business banking, as it launches accounts for young companies and entrepreneurs across the UK and Europe.

The accounts will be released to UK-registered businesses first, available in 11 languages in a bid to tap the UK’s growing multicultural industry base. The firm told City A.M. that accounts in Europe are expected to follow suit “very soon”.

(more…)

Fintech news, news

October 23, 2018

3399

Top 7 Ride hailing Apps in India 2018

Need to leave urgently from home and not able to get any auto or taxi during that time it is one of worth situation for anyone. Now if you have any Taxi App in your mobile then that can work as a savior for you, which will be there within 10 min at your designated place. With the ease of booking with these ride hailing apps users are used to with these cabs whenever you are getting late or may be doesn’t want to take any public transport, just need to have any right taxi app in your smartphone. Even some days back people used to have an idea like booking online cab is something tough job or may be have some issues about safety or may be how will make payment as they are not aware how much it is going to charge them, but with the increase of convenience by these apps while booking cab or may be kind of payment mode available it have really become very easy and awesome. Not only high prices taxi but you can also choose to club your ride with sharing as well or maybe you can choose to take shuttle as well if you are leaving any metro city. Commuting office with the help of these apps are really easy and convenient where user can find comfort & reliable ride. (more…)

Fintech news

October 21, 2018

Nubank is now worth $4 billion after Tencent’s $180 million investment

nubank

Via TechCrunch

Nubank, the Brazilian financial services company, has raised $180 million from the Chinese internet giant, Tencent.

Tencent has long been interested in financial services startups, and with its $90 million direct investment and another $90 million investment in the secondary market, the company now has access to what is arguably the largest digital banking company in the world.

With the $4 billion valuation, it also makes Nubank one of the most highly valued privately held startups in Latin America.

(more…)

Banks, Fintech news

October 19, 2018

How the 22-year-old founders of Brex built a billion dollar business in less than 2 years

Brex co-founders Henrique Dubugras and Pedro Franceschi

Another successful business at 22: this fintech startup led by young Brazilian founders Henrique Dubugras and Pedro Franceschi, reached a $1.1 billion valuation.

Focusing on a huge problem entrepreneurs inevitably face – access to credit – Brex provides startups with corporate credit cards without a personal guarantee or deposit. The service offers a 10x higher credit limit than the market average and simple expense tracking for the whole team.

Public only since June 2018, the startup has already reached support of market giants such as PayPal founders Peter Thiel and Max Levchin and the former chief executive officer of Visa Carl Pascarella. 

(more…)

Credit/Debit/Prepaid cards, Fintech news, SME

October 16, 2018

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eToro Releases a New Cryptocurrency Wallet: How You Can Exchange Your Bitcoin for Ethreum

Meta Description: Are you trying to exchange their Bitcoin into Ethereum? Find out how in this guide!  (more…)

Fintech news

October 15, 2018

Banking on Millennials: Balancing Branch Preferences And Digital Expectations

Via The Financial Brand 

Knowing what’s really important to consumers is critical to acquisition, retention and cross-selling in the banking industry. But Millennial stereotypes frequently fool financial marketers, muddling their marketing strategies with faulty assumptions. Turns out they love branches just as much as Gen X and Baby Boomers. And all generations share one thing in common: They expect more, particularly in digital channels.

(more…)

Analytics, Banks, Global trends

October 13, 2018

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Victorieum Offshore Bank announces fiat loans with crypto collaterals with interest as low as 14%!

In the ever expanding world of cryptocurrencies, the possibilities and opportunities are phenomenal. Ever since the advent of Bitcoin, the world has been an astonished witness to the astounding growth of the crypto industry. The blockchain technology with its magnitude of robust features such as transparency, security, reliability and fast transaction speeds to name a few have elevated the crypto trading to a whole new level. (more…)

Fintech news

October 12, 2018