Fintech News Issue #300 January 21st, 2021
Top Stories
Monzo founder Tom Blomfield is departing the challenger bank and says he’s ‘struggled’ during the pandemic
— via Tech CrunchMonzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today.
What the Surge in Fintech Launches Signals for Banking’s Future
— via The Financial Brand2020 was a banner year for many neobanks. But a spate of big names entering banking (or upping their ante) at the start of the new year points to a pivotal time for both traditional institutions and fintech competitors. The stakes have never been higher for all financial institutions.
Jamie Dimon says JPMorgan Chase should absolutely be ‘scared s---less’ about fintech threat
— via CNBCJamie Dimon’s message to the management team of $3.4 trillion banking goliath JPMorgan Chase: Be frightened of fintech rivals.
FinTech Articles
Four free reports on the post-pandemic world for banks
— via Chris Skinner's BlogI stumbled across a bunch of interesting reports this week, so thought it worth sharing them
The world's largest asset manager appears to be getting into the bitcoin game.
Some of best-known fintech founders nominate the startups they're excited by in 2021, and why.
2020 Financial Trends Will Redefine 2021 Bank Marketing Strategies
— via The Financial BrandEveryone— consumers and marketers alike — is tired of talking about COVID. But the reality is that nearly every effort Marketing makes in 2021 will be in reaction to or anticipation of the pandemic's effect on the economy and people's personal and financial lives.
The origin of blockchain dates back to 1991, when researchers Stuart Haber and W. Scott Stornetta outlined a system to document timestamps that could not be altered.
TikTok owner ByteDance launches payments in China as it pushes into fintech and e-commerce
— via CNBCByteDance has launched a new payment services within Douyin, the Chinese sister app of TikTok.
This Fintech Startup Wants To Cover Your Overdraft Fees, And It Just Announced $35 Million In Series A Funding
— via ForbesNearly two decades before Zuben Mathews co-founded a consumer fintech app, he was studying economics at the University of Chicago as a recent immigrant to the U.S.
Fintech’s Final Frontier: Central Banks and Disintermediation
— via Andrehen HorowitzThe internet has many legacies, but its greatest one is disintermediation. And the greatest disintermediation—of the banking system—is coming soon to an app near you.
Fintech startups begin year with blistering fundraising pace
— via PitchBookInvestors have kicked off 2021 with big bets on fintech companies, which are seeing broad tailwinds from the adoption of digital payments and an appetite among financial institutions for the latest technology.
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