Every week or month a new neobank is popping up somewhere across the US, Asia or the EU. Each targeting a segment of humans like freelancers, students, conscious people, underbanked, kids, Women you name it. But why? Because one of the most fundamental pains people feel with banking in unsolved to date.
Alex Johnson (@AlexH_Johnson) puts it like that in a recent survey of the FinTech Collective: "Banking isn’t broken because the UIs are ugly. Banking isn’t broken because fees, as a generic concept, are evil. Banking isn’t broken because it didn’t come with enough glow-in-the-dark debit cards. Banking is broken because, for far too many people, money = stress. 85 million Americans believe that ‘developing a healthier relationship between money and happiness is crucial to their future financial success. So, let’s build that!"
Apple, the global corporate giant, is hiring a business development manager with a specialization in alternative payments. It indicates that Apple is opening up to accepting alternative payments, which will likely include cryptocurrencies, too.
Each month we ask some of the brightest (and most curious) minds in fintech one key question. They can answer however they see fit. The goal is to crowdsource some knowledge, have a little fun, and maybe spark an idea or two for the fintech community.
Amsterdam Fintech Week, in short XFW, gathers all stakeholders and players active in the ecosystem of digital finance. The goal is to connect players within the European Fintech space and to involve key stakeholders to participate. While enabling the market to do it’s work, we also want to explore how we can make financial services more accessible, understandable and impactful.
Digitally meet international industry experts and discuss trends impacting Asian fintech through an immersive online platform. Learn from and network with the start-ups, tech platforms, financial institutions, regulators, and investors redefining financial services across Asia and beyond. 500+ senior decision makers. 50%+ from financial institutions. 10+ innovative demos. 50+ speakers. Hundreds of meetings.
As the digital wealth manager hits €4bn in assets, its focus is shifting to brokerage. After leaving the UK market earlier this year, digital wealth manager Scalable Capital has appointed a new chief strategy officer to guide its growth strategy.
If you’ve ever been self-employed you know what a pain it is to keep up with the hassles of running a business. From bookkeeping to invoicing to paying taxes — it’s one big headache.
Greenoaks Capital has led a $100 million investment in Agicap. The French startup offers a SaaS platform to help small and medium-sized enterprises manage and predict their cash flows. The Series B funds will be used for its international expansion and recruitment, as well as product development. Agicap secured €15 million in 2020.
MotoRefi has raised another $45 million in a round led by Goldman Sachs just five months after investors poured $10 million into the fintech startup to help turbocharge its auto refinancing business.
Ripple, a fintech company that’s mostly known for a cryptocurrency called XRP, is number 38 on the 2021 CNBC Disruptor 50 list. Ripple CEO Brad Garlinghouse joined "Squawk Box" on Wednesday to discuss the company's approach to blockchain disrupting the financial system.