Issue #366 - What Goes Up, Must Come Down June 2nd, 2022
Top Stories
Biz Carson analyzes the current market situation: fintech companies, after the peak reached in October 2021, are now shrinking in value – and this might make it harder for fintech startups to justify their high valuations.
Podcasts and Videos
Noelle Acheson (Genesis) and Emily Chang discuss the troubles faced by Terra and the split of the blockchain. How will this affect the crypto space and new regulations?
Crypto
The metaverse project Mars4 might be one of those undervalued projects investors are constantly looking for to earn returns. Mars4, based on virtual land plots of Mars, have already planned new launches.
The popular investor Tim Draper makes predictions about the future of Bitcoin and the role of women. As more retailers accept Bitcoin, women will play a major role in the future of the crypto project – since they control retail spending.
The popular actor and producer Seth Green is also an NFT collector. Unfortunately, 4 of his NFTs were stolen as the result of a phishing fraud – but one of these, a Bored Ape, should be the main character of the next show produced by Green.
Banking
Zopa Bank and Fintech TrueLayer Make Saving Seamless with Acct-to-Acct Payments
— via Crowdfund InsiderTrueLayer, the European open banking platform, and the digital bank Zopa are partnering to create new products: Zopa’s Smart Saver, launched in February, will now be improved by allowing users to make account-to-account payments.
Innovation
Spiros Margaris and CAT Financial Products launch fintech value investment solution
— via The PaypersCAT Financial Products – the Swiss financial services company – and Spiros Margaris – popular venture capitalist – are working together on a new project that will allow investors to discover new investment opportunities in the fintech space.
Fintech
The battle between Meta and German regulators had a huge impact on developers and local startups. The popular product of the company, Oculus – a VR headset, was removed from the German market, and this is causing problems to all those who want to enter the billionaire VR market.
The first green fintech classification is live: the new taxonomy was created by the Green Digital Finance Alliance and the Swiss Green Fintech Network.
Tred, a UK fintech company, successfully reached – and exceeded – the goal of its crowdfunding campaign on Crowdcube. The company produces a green debit card able to track the carbon costs of users’ spendings.
Recent News
The Future of the Digital Bank
Ralf Reich, Shobhit Mathur
New technologies have shown to be a driving force behind new business cases. Most of the time, however, banks are... Full Article
The role of blockchain in the Open Banking era
Jed Grant
PSD2 - the second Payment Services Directive - offers European consumers significant control over the use of their personal financial... Full Article
MiFID II Compliance: Putting Communication into Context
Robert Cruz
It is not hyperbole to say that the second Markets in Financial Instruments Directive (a.k.a. “MiFID II”) will have a... Full Article
What the Gig Economy Means for the Emerging Fintech Industry
Robin Smith
When thinking about the implications of the gig economy, all industries must take notice of its disruptive nature in order... Full Article
Explore Meetups
Hyperledger Argentina
The Hyperledger Foundation is an open source collaborative effort hosted by the Linux Foundation and created to advance cross-industry blockchain... Read More
FinTech Meetup Europe - Lisbon
Hello Lisbon-FinTech Fans! Let’s start uniting FinTech Founders, Corporates, Developers, and VCs across Europe to share, build and collaborate. The... Read More
FinTech Meetup Europe - Tallinn
Hello Tallinn-FinTech Fans! Let’s start uniting FinTech Founders, Corporates, Developers, and VCs across Europe to share, build and collaborate. The... Read More
FinTech Meetup Europe - Frankfurt
Hello Frankfurt-FinTech Fans! Let’s start uniting FinTech Founders, Corporates, Developers, and VCs across Europe to share, build and collaborate. The... Read More
Citi Accelerator TLV
Come meet like -minded people who are interested in Fintech, have a startup, or are looking for their next idea,... Read More