MENU

Influences FinTech
Category

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

163

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

292

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

200

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

485

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

384

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

253

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

241

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

198

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

219

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

139

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

213

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

157

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

128

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

389

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

168

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

300

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

673

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

143

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

251

Square reports $462 million in Q1 2017 revenue, gross payment volume of $13.6 billion

By Ken Yeung for Venture Beat

Square’s ($SQ) first quarter 2017 earnings are out, revealing that it generated total net revenue of $462 million, a 22 percent annual increase and an earnings per share loss of $0.04. It continues to see its gross payment volume increase, coming in at $13.6 billion — a 33 percent year-over-year increase, but a drop from last quarter’s $13.7 billion. (more…)

Fintech news, Hotnews, Influences FinTech, POS/mPOS and online acquiring

May 4, 2017

241

Facebook passes 1.94 billion monthly users, 1.28 billion that use it daily

By Ken Yeung for Venture Beat

Facebook ($FB) has released its first-quarter 2017 earnings and revealed that it’s inching ever so close to having 2 billion people worldwide use the social network. It now counts 1.94 billion monthly active users, an 18 percent increase from a year ago. And 1.28 billion people use the service daily, making up 66 percent of the monthly count. (more…)

Global trends, Hotnews, Influences FinTech

May 4, 2017

227

API Strategy: Partner API’s

By Dharmesh Mistry – Temenos for Finextra

Like an Extranet, Partner API’s are limited to specific parties, often for a very specific purpose like providing a product / service. (more…)

Fintech news, Hotnews, Influences FinTech, Open Source/ API

May 3, 2017

369

Lloyds partners Microsoft to pilot facial recognition access to online banking

Lloyds is teaming up with Microsoft to pilot the use of fingerprint and facial recognition technology for online banking logins on Windows 10 devices. (more…)

AI / Machine Learning / Big Data, Banks, Global trends, Hotnews, Influences FinTech

April 18, 2017

198

Simple said to drop 0.7% of its customers in transition snafu

By Brian Patrich Aha for American Banker

A recent fumble in transitioning accounts from its old partner bank to its current one has left Simple scrambling to mollify distressed customers. (more…)

Influences FinTech, Mobile-first banks

April 18, 2017

482

What’s in it for Me? Real Estate Investment Technology

By Julie Muhn for Finovate

For those looking to diversify out of the stock market and into asset-backed or alternative investments, real estate has long been a popular choice. In 2014, things changed significantly for these investors; historically if they didn’t have $40,000 for a down payment on an investment property loan or $4 million to spend on commercial property development, they would be out of luck. Recently, however, we seen successful startups looking to lower the barrier to entry for novice real estate investors. (more…)

Crowdfunding/investing, Global trends, Hotnews, Influences FinTech

April 18, 2017

277

Kabbage Co-Founder & Head Fintecher Kathryn Petralia: Power Lending, Predictions & Progress

By

“Fintech, online lending, AI and privacy are complicated issues, so we’ve created innovative solutions and approaches that D.C. embraces once they understand them. Our message to Washington is: call us! We have someone to translate tech speak and “bureaucratese” for all of Washington’s questions.”

(more…)

Hotnews, Influences FinTech, p2p/online lending

April 16, 2017

289

Simple is closing some customer bank accounts, and users are mad as hell

by  for techcrunch.com

Simple, the online banking service that promised to be a better alternative to big banks like Chase or Citibank, is falling short of some users’ expectations. This time, it comes as a result of the sudden and surprising notice customers received alerting them that their accounts would be closed next month. (more…)

Fintech news, Hotnews, Influences FinTech, InspirAsia, Mobile-first banks

April 16, 2017

294

Insurtech has a growing role in Pakistan, and it can change lives through better financial smarts

ByMuhammad Waqar Asghar for e.27

In Pakistan, insurance is now becoming even more accessible to the market, thanks to the ongoing digital transformation, which can help grow the industry and improve coverage for customers (more…)

Global trends, Influences FinTech, InspirAsia, Insurance

April 13, 2017