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Influences FinTech
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159

Alibaba funds lending startup WeLab to help it break out of China

By Steven Millward for Tech in Asia

Lending startup WeLab is flush with cash today after announcing US$220 million in its latest funding round. It operates WeLend in Hong Kong and Wolaidai in mainland China. (more…)

Deals, Global trends, Influences FinTech

November 13, 2017

2682

We are looking for a bank in the US to buy

Hello everyone!

If you are the owner of a small or medium-sized bank in the US and are ready to sell it completely (or partially) – write to me: Slava Solodkiy, slava@ariv.al. (more…)

Banks, Global trends, Hotnews, Influences FinTech

November 7, 2017

369

Life.SREDA VC launches the BB Fund, a $200M blockchain fund

Singapore’s Life.SREDA VC launches a $200 million venture capital fund, named Based on Blockchain or BB Fund. The Fund will invest in fintech and blockchain companies by acquiring and holding equity and/or tokens.  The BB Fund is targeting a minimum of $50 million for the first closure in Q4 2017 from a limited number of accredited investors; with a hard cap of $200 million. (more…)

Blockchain, Global trends, Hotnews, Influences FinTech

October 31, 2017

414

What I Learned From Reading Every Amazon Shareholders Letter

By Li Jiang for his blog, Angel investor + VC;

A new mentor of mine suggested I read Jeff Bezos’ Letter to Shareholders to refine my thoughts around building a career and a business.

So I read them all dating back to 1997 and here are my takeaways: (more…)

Columns, Influences FinTech

October 18, 2017

505

Manifesto of the crypto/ICO-community

By Slava Solodkiy, Managing Partner at Life.SREDA

Stop blaming blockchain/crypto/ICO community – better join&help us! (more…)

Columns, Influences FinTech

October 16, 2017

2275

Singapore is on the way to blockchain-based digital KYC

Igor Pesin, Life.SREDA VC

In “Identity is the New Money”, Dave Birch, a founding director of the specialist consultancy Consult Hyperion, lays out the extraordinary change in how we think about both identity and money that new technologies — especially mobile phones — are making possible. “We need intermediaries to manage, and money is one of them. If, however, technology gives us back that shared memory, then we don’t need intermediaries to enable transactions. It becomes what some people call a “reputation economy”.” And this reputation can be broken if we can’t create new tech advanced solutions to keep our personal data really safe. (more…)

Hotnews, Influences FinTech, Security

October 5, 2017

743

The brand new fancy book about fintech

By Vladislav Solodkiy, Managing Partner at Life.SREDA

Why you should hire an artist to build fintech bank?

The First Fintech Bank’s Arrival

You can buy for 9,99$ on Amazon or download for free on www.ariv.al. (more…)

Global trends, Hotnews, Influences FinTech

September 26, 2017

371

ZhongAn launches insurtech concept to world

Investors excited about idea of merging insurance with big data and internet sales.
ZhongAn Online Property and Casualty Insurance begins trading in Hong Kong this week, launching into public markets a hot emerging asset: the insurance technology, or insurtech, company. The Shanghai-based group, which made a splash in China in 2014 selling quirky insurance products, raised $1.5bn last week, valuing the group at up to $10bn. (more…)

Hotnews, Influences FinTech, InspirAsia, Insurance

September 25, 2017

Monzo Teams Up With Deliveroo For New “Split the Bill” Feature

Crowdcube success and fintech company Monzo announced it has teamed up with Deliveroo for a new feature, Split the Bill. Deliveroo designer, James Storer, revealed details about the new app feature:

“At Deliveroo, ‘split the bill’ is probably one of our most requested features, and it’s been on our roadmap since I joined the company over two years ago. In that time, we’ve done email surveys, phone interviews and multivariant tests to try and definitively prove its worth. We also ran a really cool user research session by inviting a group of friends to our research lab (set up to look like a living room) and asking them to relax, watch Netflix and play video games while placing an order. This let us observe their group ordering habits and see how they split the cost between themselves.”

(more…)

Banks, Fintech news, Global trends, Influences FinTech, Mobile-first banks

September 13, 2017

Doing The Heavy Lifting

By Fred Wilson from Union Square Ventures

Most venture capital investments are made, over time, by syndicates. This means a group of venture capital firms develops around a company, usually built over multiples rounds. Some of the firms in the syndicate agree to (or require) having a partner from their firm join the Board of the company. (more…)

Fintech news, Global trends, Influences FinTech

June 26, 2017

404

Open banking rules to trigger new wave of challengers

Tech companies, retailers and price comparison websites could become major banking brands says Deloitte on the release of research which reveals that a significant number of consumers who already use mobile banking would be willing to share data with traditional retailers. (more…)

Banks, Global trends, Hotnews, Influences FinTech

June 20, 2017

Buyer Beware

 

By Fred Wilson from Union Square Ventures for his blog

I got this question on Twitter yesterday:

(more…)

Columns, Influences FinTech

June 14, 2017

669

Only banks that become ‘digital houses’ will survive forthcoming disruption – BBVA chief

By BBVA

BBVA chairman Francisco González says that banks need to shed their past and image as ‘incumbents’ and transform into new digital technology companies if they are to prosper in a banking environment dominated by technologically astute competitors. (more…)

Banks, Hotnews, Influences FinTech

June 8, 2017

525

There Is No Free Lunch

By Fred Wilson for AVC Blog

I am reminded time and time again that things that sound too good to be true almost always are. There really is no free lunch, in business or in life. (more…)

Columns, Global trends, Hotnews, Influences FinTech

June 6, 2017

This Is What Democracy Looks Like

Following is a beautiful and brilliant TED talk by Anthony D. Romero, the executive director of the ACLU. It’s definitely worth 12 minutes of your life to watch.

(more…)

Fintech news, Global trends, Influences FinTech

June 6, 2017

797

Open Banking: A FitBit Style of Change

By John Bertrand from SAP for Finextra

Buy the ticket, take the ride.” Hunter S. Thompson’s quote can easily be applied to Open Banking, which becomes mandatory in the UK starting 2018. Banking innovation lead by the regulator! (more…)

Banks, Columns, Global trends, Influences FinTech

June 5, 2017

1477

Mary Meeker’s 2017 internet trends report: All the slides, plus analysis

Kleiner Perkins Caufield & Byers partner Mary Meeker is delivering her annual rapid-fire internet trends report right now at Code Conference at the Terranea Resort in California.

(more…)

Global trends, Hotnews, Influences FinTech, People of fintech

June 1, 2017

869

Ravi Menon, Managing Director of MAS, is Re-appointed to the MAS Board of Directors

By Crowdfund Insider

Ravi Menon, current Managing Director of the Monetary Authority of Singapore (MAS), has been re-appointed to the MAS board of directors. His term on the Board has now been extended to June 1, 2019. (more…)

Influences FinTech, InspirAsia, People of fintech

June 1, 2017

571

Intuit founder Scott Cook built a US$35B company. This is what he knows about when to listen to criticism

With US$2B+ in assets and investment portfolio that includes eBay, Amazon, and Snapchat, Intuit founder Scott Cook explains their secret (more…)

Columns, Hotnews, Influences FinTech, Interviews

May 29, 2017

508

Two of Life.SREDA’s partners are in the top 7 fintech Influencers in Singapore

Slava Solodkiy, managing partner at Life.SRDA, and Igor Pesin, partner and CEO at BaaS.is, are featured in the top 7 most influential Fintech minds in Singapore.  (more…)

Global trends, Hotnews, Influences FinTech

May 26, 2017

551

Fintech unicorn TransferWise reaches profitability, planning ‘new financial services’

BY Steve O’Hear for Techcrunch.com

What’s more mythical than a unicorn? A unicorn that is profitable. Six years after launch, TransferWise, the London-headquartered international money transfer startup, which was most recently valued at a reported $1.1 billion, has announced that it has finally reached profitability this calendar year and is “cash-generating”. (more…)

Global trends, Influences FinTech, p2p-payments, Remittances

May 25, 2017

420

JD.com Leading The Way For Drone Delivery

By James Sands for Seeking Alpha

Summary

  • JD.com recently announced a drone delivery network to be implemented in the Shaanxi province in China.
  • The company reported very robust first quarter results for the first quarter of 2017; the stock price is up nearly 60 percent for the year.
  • If implementation of the drone delivery network is successful, it will be a major accomplishment for the newly established JD Logistics unit.

(more…)

Global trends, Influences FinTech, InspirAsia

May 25, 2017

584

The Bustling IPO Market Of 2017

By Tomasz Tunguz from Redpoint Ventures

Five months into 2017 nine venture-backed technology companies have gone public compared to 14 in 2016. Four consumer companies and five enterprise companies have popped on average 29% since their IPO pricing. Only two, Carvana, an online used car dealer, and Netshoes, a Brazilian ecommerce company have traded down from their IPO pricing. The other seven have demonstrated the broad public investor demand for new offerings. (more…)

Columns, Global trends, Hotnews, Influences FinTech

May 24, 2017

514

SoftBank Vision Fund Now Over $93 Billion

By Crowdfund Insider

The SoftBank Vision Fund announced its first major close yesterday with over U.S. $93 billion of committed capital. (more…)

Deals, Hotnews, Influences FinTech, InspirAsia

May 22, 2017

399

Google CEO just announced that Android has 2 billion users

BY NICOLE GALLUCCI for Mashable

Google’s CEO, Sundar Pichai, kicked off the company’s big event by making a huge (and somewhat surprising) announcement about Android usage — according to Pichai, there are now 2 billion active Android users worldwide.  (more…)

Global trends, Hotnews, Influences FinTech

May 22, 2017

1405

WeChat just launched a search engine. Baidu should worry.

By TIA

Chinese search giant Baidu has had it good. For years, the tech firm has enjoyed a near monopoly of the country’s multi-billion dollar search market. Domestic competitors Sogou and Easou trail behind, each with less than 10 percent market share. Google, its most threatening rival overseas, withdrew from China in 2010, citing hacks by the Chinese government. (more…)

eWallets, Global trends, Influences FinTech, InspirAsia

May 18, 2017

379

Facebook just got hit with a $122 million fine over WhatsApp

By MD for Fast Company

The €110 million fine was levied by the European Commission over Facebook’s acquisition of WhatsApp in 2014. The EC said Facebook had provided “incorrect or misleading information” when it said it wouldn’t be able to link the profiles of users on WhatsApp and Facebook. (more…)

Deals, Global trends, Hotnews, Influences FinTech

May 18, 2017

827

As VCs pivot from lenders, case for deposit-side fintech is less clear

By American Banker

Companies that aggregate consumers’ financial lives are having a moment. (more…)

Deals, Global trends, Influences FinTech, People of fintech

May 15, 2017

1744

Former Citi Chairman and Asia Pacific CEO Shirish Apte invests in fintech startup Invoice Bazaar

by e27.com

Invoice Bazaar Supply Chain Finance platform connects large buyers with SME suppliers which enables them to avail early payment on their receivables (more…)

Global trends, Hotnews, Influences FinTech, InspirAsia, People of fintech

May 9, 2017

448

Innovate Finance publishes sandbox consultation report

By Innovate FInance

Findings of the Industry Sandbox Consultation have been published today. (more…)

Government activities, Influences FinTech, InspirAsia, RegTech

May 9, 2017