Want to see the global fintech landscape summed up in an easy on the eye and effortless to digest infographics? You have come to the right place – this excellent infographics has it all, from the hottest start-ups today and those to watch in 2016 to the most supportive countries and governments as well as top investors. (more…)
Microfinance is a powerful tool that can transform communities by lifting the poorest individuals out of poverty. David Simms, who has served in various leadership positions with the nonprofit Opportunity International for the past 30 years, understands the potential of microfinance. He’s seen its impact in more than two dozen countries, where his organization has leveraged the financial instruments to improve daily life. Simms is the former president and global chief development officer of Opportunity U.S. who recently founded Olive Tree Advisors, a consulting firm to nonprofits. He sat down with Tyler Wry, a management professor at Wharton, to share his insights on where the field is heading.
By Penny Crosman for Maerican Banker
For Manolo Sanchez, the chief executive of BBVA Compass, the future is about sharing technology and the basics of banking with fintech partners, and getting help from them in turn, without relinquishing customer relationships. (more…)
By Josh Constine for techcrunch.com
It’s easy to move your money between banks. What’s annoying is moving your apps. (more…)
By Vladislav Solodkiy, managing partner of a Singapore-based Life.SREDA VC
Fintech is currently undergoing a natural evolution stage. Previous three years were a «toothbrush» era: when you perform just one function, but better than anyone, and when you are irreplaceable and used every day. The long-awaited turning point came in 2015 when all services started merging with each other in some way. (more…)
By Ingrid Lunden for Techcrunch
Bitcoin may still be the most famous application of blockchain technology, but the distributed, encrypted database architecture is now being applied to a range of other services, from different kinds of (non Bitcoin) financial transactions to anything else that requires secure tracking. (more…)
ByMichael del Castillion for Coindesk
Deloitte has used Facebook’s recently released Messenger API to build an early version of a product capable of storing warranties on a blockchain and allowing users to buy insurance for items even after they’ve been purchased. (more…)
By Ian Allison for International Business Times
The global fintech ecosystem has been presented like the board game Risk, with banks, fintech startups, traditional IT providers and GAFA companies (Google, Apple, Facebook, Amazon), distributed at each corner slowly advancing. As apt as the Risk analogy is, it tends to miss out the most important geopolitical force on the board: China.
By Andrew Quentson for Bitcoin Magazine
Is a fourth industrial revolution underway? (more…)
By Erin Shipley for Techcrunch.com
Already there has been a huge amount invested in fintech in 2016, with investors funding close to $9 billion in January and February alone. It is a sector of innovation that shows no signs of slowing down, with companies tackling every part of the financialinfrastructure, from savings and lending to credit and insurance to payments and money transfer.
By Telis Demos for WSJ
By Eyal Lifshitz for Techcrunch
Banking as we know it is in the midst of its first fundamental remaking in centuries. What’s driving this transformation? Two major shifts: our transition to interacting with money digitally instead of physically, which opened finances to tech disruption, and a tech wave that has changed the way consumers define ease and convenience. (more…)
By Life.SREDA VC team
Singapore – March 26, 2016 – Fintech is on the rise, there are no two ways about that.
In 2015, global investment into fintech was nearly $25 billion, the largest of any vertical in tech. In 2016, this amount is expected to skyrocket as an increased proliferation of smart devices combines with a greater demand for online services such as e-commerce. (more…)
In 1901 there was such a massive spat between Sydneysiders and Melburnians over which city should be capital of the newly federated Australia that a whole new city (and territory) was formed.
By Saritha Rai for Bloomberg Business
A biometrics-backed ID system will make it easier for everyone—from rural villagers to urban dwellers—to ditch cash.
By Liz Moyer for the New York Times
Finance is where they built their careers. Now some of banking’s former stars are pouring millions of dollars — and in some cases staking their careers — into new technologies that are shaking up everything from lending to payments to investing. (more…)
By Ryan Falvey for Techcrunch.com
Fintech is in the midst of a golden age of investment and innovation. According to KPMG and CB Insights, investments in fintech startups doubled between 2014 and 2015, to $14 billion. However, comparatively little of this money has been focused on the $138 billion market opportunity to disrupt alternative financial services in the United States. This lack of focus is damaging America’s financial health. So why hasn’t fintech done more to meet this vast market need? (more…)
By Bernard Moon for techcrunch.com
Our team has been active as investors in theInternet of Things and hardware space over the past two years. We have read pitches from hundreds of companies, met with dozens, read hundreds of research reports and spoken with various experts. We have invested in six IoT/hardware companies from our global seed fund and seven from our startup accelerator. (more…)
By Harry Stebbings for Techcrunch.com
RobinHood, the no-fee stock trading mobile phone app, was able to attract 1 million people to their waiting list before a product was even launched.
By Helen Cahil for City AM
Financial marketplaces – crowdfunding platforms and other fintech sites – have proven irresistible to the City, it turns out, after figures released today showed venture capital funding for the sector has shot up five-fold in the last two years. (more…)