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Fintech
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1992

Money of the Future 2015/2016

15 Major Fintech Trends in 2015/2016

(more…)

Analytics, Fintech news, Global trends, Hotnews, InspirAsia

March 31, 2016

3242

E-Wallets: Game of giants

By 2019, eMarketer estimates that the total value of transactions made by tapping a phone on an in-store terminal will reach $210 billion, up from $8.7 billion in 2015. For banks and retailers, that presents an opportunity to take on Apple Pay and Google’s Android Pay – and maybe save on transaction fees to boot.

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Banks, Cashless, eWallets, Fintech news, Global trends, Hotnews, InspirAsia

March 28, 2016

910

Japan Looks to Kickstart ‘Fintech’ Revolution

By Reuters

Strict regulation has been choking out financial innovation in the world’s third-biggest economy. (more…)

Fintech news, Global trends, Government activities, InspirAsia

March 28, 2016

7520

“Uber moment” for financial industry

Serguei Netessine is Timken Chaired Professor of Global Technology and Innovation at INSEAD (Singapore campus), and Research Director of INSEAD-Wharton Alliance. He is angel investor, startup advisor, industry consultant and speaker on entrepreneurship and innovation. His recent book “The Risk-Driven Business Model: Four Questions that will Define your Company” was published by Harvard Business Press in 2014. (more…)

Columns, Fintech news, Global trends, Hotnews, InspirAsia

March 24, 2016

1146

UBS and Credit Suisse launch fintech accelerator

By Finextra

The two largest Swiss banks UBS and Credit Suisse, are partnering with Swisscom, Swiss Life and Ernst & Young to launch a fintech accelerator with an international target audience. (more…)

Banks, Deals, Fintech news, Global trends

March 24, 2016

1992

Fintech for Millenials

The biggest issue with “fintech for millennials” that you have to understand millennials more, than fintech.

Read our full research“Money of the Future”. Download PDF (20MB) (more…)

Banks, Fintech news, Global trends, Hotnews, InspirAsia

March 23, 2016

1246

Infographic: How much are Asia’s biggest tech companies really worth?

By Eric Crouch for techinasia.com

Once you get into the realm of tens of billions of dollars, things stop making sense. The numbers are just so mind bogglingly huge that any sense of scale goes out the window. (more…)

Fintech news, Global trends, InspirAsia

March 18, 2016

1410

Why fintech is the hottest place to be right now

by Life.SREDA

In APAC alone, fintech is already a multibillion dollar industry

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Analytics, Fintech news, Global trends, Hotnews, InspirAsia

March 17, 2016

3716

A Typical Day in a Blockchain-Enabled World Circa 2030

by Mark Frauenfelder,

Let’s follow Crowley the Crocodile as he goes about his day in the year 2030, from the moment his bitcoin-powered bioalarm clock wakes him, until he eats his late night pizza ordered using a rating service that runs without human owners. (more…)

Blockchain, Cashless, Fintech news, Global trends

March 16, 2016

1146

Could Australia be a serious fintech innovator?

By James Eyers for the Financial Review,

Australia’s transition to an innovative, technologically savvy economy and how corporate leaders are coping with the forces of disruption will be a major issue debated at The Australian Financial Review Business Summit this week.

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Cashless, Fintech news, Global trends, news, SME

March 14, 2016

921

Startupbootcamp unveils new Singapore cohort

By Startupbootcamp FinTech,

Startupbootcamp FinTech, accelerator focused on financial innovation, has announced the 10 international startups selected to join its Singapore program. (more…)

Fintech news, InspirAsia, news, SME

March 14, 2016

3779

Banks and FinTech: date the nerds or be the nerd?

Key findings from the banking industry and its shifting landscape.  

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Banks, Fintech news, Global trends, Hotnews

March 13, 2016

1055

Fintech growth accelerates in Asia with record $4.5 billion investments

By Elzio Barreto for Reuters news

HONG KONG (Reuters) – Investors poured a record $4.5 billion into financial start-ups in Asia last year, four times as much as the previous year, data shows, putting the region at the center of the global tech revolution poised to shake up the financial services industry. (more…)

Fintech news, Global trends, Government activities, InspirAsia

March 11, 2016

1868

Mckinsey & Co : Cutting through the noise around financial technology

By Miklos Dietz, Somesh Khanna, Tunde Olanrewaju, and Kausik Rajgopal for Mckinsey & Company 
We estimate there are today more than 2,000 start-ups offering traditional and new financial services. Here’s how banks should respond.

(more…)

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

March 10, 2016

919

Here’s why fintech companies are opting to stay private: funding just hit a record

By Julie Verhage for Bloomberg.com

Record number of deals for fintech in 2015. Some fintech companies that have recently entered the public market have had a tough time of late. (more…)

Deals, Fintech news, SME

March 9, 2016

870

Financial accelerators to wind down as digital ecosystem evolves – Forrester

In five years time most corporate accelerators and incubators will have disappeared in favour of more nuanced partnerships between banks and startups in a maturing digital ecosystem according to an analysis by Forrester. (more…)

Banks, Fintech news, Global trends

March 9, 2016

1259

Google and Accel see huge potential for Indian SaaS startups

By Malavika Velayanikal for TechinAsia.com

Cloud-based software-as-a-service (SaaS) products are seeing hyper growth as small and medium businesses (SMBs) take to them in a big way. And Indian SaaS startups are well-placed to capitalize on it, says a joint report by Google and Accel Partners released today. (more…)

Fintech news, India, SME

March 6, 2016

1139

Coworking spaces are on the rise — here’s why

By Vladislav Solodkiy, Managing partner of Life.SREDA

I remember, when I was first starting out, the whole concept of a coworking space seemed strange. (more…)

Fintech news, Global trends, Singapore, SME

March 6, 2016

735

This is how Australia is changing to become startup friendly

In interviews with the Australian Ambassador to Israel and StartupAUS’ Acting CEO, Geektime learned how Australia is making big changes to grow their ecosystem (more…)

Banks, Deals, Fintech news, Global trends, InspirAsia, Insurance, news

March 4, 2016

1280

Why most innovation in fintech is not disruptive enough

By Antony Lewis for TechinAsia,

I recently read about Professor Clayton Christensen’s fascinating model for identifying and dealing with disruptive innovation, and will attempt to summarise it in this post. (more…)

Analytics, Fintech news

March 4, 2016

Rocket Internet’s Africa Internet Group raises $326M from Goldman Sachs and others

By Jon Russel for Techcrunch

Fresh from pulling in $83 million from European insurance giant AXA last month, Africa Internet Group (AIG) — the Rocket Internet-backed company behind e-commerce siteJumia — has announced that it has raised a much larger €300 million ($326 million) in fresh funding. (more…)

Banks, Deals, Fintech news

March 4, 2016

601

Failed Powa Technologies fire sale: Ben White, Greenlight Digital divvy up and buy U.K. assets

By Ingrid Lunden for Techcrunch

One more chapter in the messy story of Powa Technologies, the payments startup that last raised money at a $2.7 billion valuation but rapidly sank into the deadpool on a flimsy raft of vaporware. Today, accounting firm Deloitte announced that it had secured two buyers for two parts of Powa’s U.K. business. Neither of them was Thompson Investments, the firm that was announced as the buyer when Powa first filed for bankruptcy protection in the U.K. in February.

(more…)

Cashless, Deals, Fintech news, Global trends

March 3, 2016

2397

Global fintech survey results: 51 experts reveal 2016 trends

By Devie Mohan 

What are the trends expected to drive fintech innovation in 2016? On behalf of Envestnet® | Yodlee®, the results of the second annual Global Fintech Influencer Survey. (more…)

Analytics, Fintech news, news

March 2, 2016

1506

Why China’s fintech will change how the world thinks about banking

By Zennon Kapron for Forbes

With digitalization and FinTech high on the banking agenda, the disruption of financial services looks like a given. The question, however, is where will the real change come from. Will it be blockchain, real-time settlement, the highly competitive payment space, crowdfunding, or P2P lending? (more…)

Analytics, Fintech news, news, SME

March 2, 2016

546

JP Morgan CEO Says ‘There’s Nothing Mystical’ About Online Lending Startups

By Leena Rao for Fortune

Jamie Dimon weighs in on online lenders, regulation, and more. (more…)

Banks, Global trends

March 1, 2016

926

Stripe’s New Service Helps Overseas Startups Launch in the US

By Jessy Hempel for The Wired Magazine

SIX YEARS AGO, Irish brothers John and Patrick Collison set out to make sending payments dead simple for businesses—as easy as pasting a line of code into their apps. It’s working. Today their company, Stripe, powers mobile payments for startups like Lyft and Slack and Fortune 500 companies like Best Buy. Now, the Collisons want to take the complexity out of starting a business in the first place—and render geography irrelevant in the process. (more…)

Deals, Fintech news, POS/mPOS and online acquiring

February 24, 2016

1061

500 Startups Announces $25M FinTech Fund

500 startups yesterday announced a new vertical fund, 500 FinTech, which will focus on investments in companies that we are deeming as: “Financial Services For the Rest of Us.”

(more…)

Fintech news

February 24, 2016

1326

Blockchain Brings Africa Hope

By Elliot Maras for ccn.la

African banks, behind the times with fintech, could actually become pioneers in developing new financial technologies like the blockchain and bitcoin. (more…)

Banks, Blockchain, Cashless, Fintech news, Global trends, Mobile payments/banking

February 22, 2016

1867

How Stripe can win the payments war in Asia

By Karen Mok for TechinAsia.com
Stripe is one of the most beloved startups in Silicon Valley. Stripe has been a definitive success in the US, but it’s looking beyond those borders in its next phase of growth. Asia is a clear contender – it has about half of the world’s smartphone users and is predicted to see the fastest e-commerce growth in the world in the years to come.

(more…)

Analytics, Fintech news, Hotnews, Mobile payments/banking

February 19, 2016

UniCredit to invest €200M in Fintech companies globally

Banking group UniCredit has committed approximately €200m to invest in fintech companies worldwide.


 

To this end, The bank has signed a partnership with Anthemis Group, a London, UK and NYC-based venture capital and advisory firm that focuses exclusively on fintech.

According to a note, Unicredit aims to invest in fintech companies in order to turn a threat into an opportunity, enriching the business proposition and speeding up the digital evolution program of the group.

UniCredit will invest through two dedicated vehicles, as follows:
– a €175m equity fund focused on established startups and follow-on investments, with , and
– a $25m fund investing in early stage startups, where the bank will act as anchor investor.

Anthemis Holdings invests in digitally native financial services companies in such sectors as:
1. Retail banking & consumer finance
2. Business & corporate banking
3. Payments
4. Wealth & asset management
5. Capital markets & trading
6. Insurance & risk management
7. Data, technology & infrastructure

The firm currently has a portfolio of 31 companies based is US (52%), UK (30%), Continental Europe (4%) and rest of the world (15%), including Azimo, Betterment, eShares, eToro, Fidor Bank, Jumo, Metamakets, Payperks, Premise, Seedcamp, Xenapto, etc.

The article first appeared in Finsmes.com

Banks, Fintech news, Global trends

February 19, 2016