Fintech faces tough times, especially because of the activity of regulators and the constant layoffs. Coinbase is an example of a fintech company facing these issues, but also fintechs in India are having problems for what concerns lending products. In the meantime, Jeremy Hunt bets on Revolut, but the fintech firm still needs to solve some issues related to the image of the firm. But not everything is lost: fintech in Africa thrives, as well as in Singapore, and new solutions are found by fintech companies that want to help people to manage their finances. Discover more with FinTech Weekly, the free newsletter to discover top fintech news and events.
Aspire is one of the few fintechs that managed to increase their value despite the tough times that hit the industry. In this case, Aspire was able to even double its value - and it's looking for 44 professionals right now.
CDAO Financial Services brings together your data & analytics community from the Financial Services industry for two days of learning, networking, and collaboration. New this year, there will be two specialized tracks for those who work for organizations with assets under management of below $500 million and assets under management $500 million and above. Join data & analytics leaders from TD, Morningstar, Barclays, Citi and more on March 1-2, 2023 in New York City. Free passes (subject to team approval) are available for a limited time.
FinTech World Forum 2023 is based in London UK Europe as one of the leading fintech events 2023 for the global financial services, finance, and banking technology industry. Its focuses on Mobile Payments, Lending, Insurance, Blockchain, Bitcoin, Investment, Money, Crypto, Cryptocurrency, Digital, Innovation, Wallet, Pensions, Funds, Payment, Tech, Financial Services, Technology, Bank, Wealth Management, Insurtech, Regtech, and Wealthtech.
Fintech startups and Innovators: Are you ready for two days of networking, inspiration and learning? Join 2,200 of Europe's most pormising founders, startup enthusiasts and investors at this year's EU-Startups Summit on April 20-21 in Barcelona. The event is a great opportunity for networking, with a dedicated networking app, and a meeting point for aspiring entrepreneurs and investors who are aiming to build international tech companies. We’ll have fireside chats with internationally successful founders, insightful keynotes, and an exciting pitch competition on our main stage with some of Europe’s most promising startup teams – selected from over 1,500 applicants! As Fintech Weekly reader you'll get 20% off with the promo code FTW20 (valid until the end of February). Make sure to secure your ticket soon!
Benjamin Ensor and Amy Gavin are joined by fintech experts and professionals to discuss the latest fintech news - especially the decision of Britain to regulate BNPL (Buy Now, Pay Later).
PeckShield, the blockchain security firm, has raised an alarm related to ChatGPT. The firm found out that there are several crypto tokens linked to artificial intelligence (AI), and ChatGPT in particular. These tokens are usually parts of fraudulent schemes.
After the issues that the popular centralized crypto exchange Kraken had with regulators - issues that resulted in a fine worth $30 million - the co-founder of the company shared some opinions. According to Jesse Powell, regulators hit the good guys to suit their agenda and avoid the real bad guys, but this could destroy the market.
Banks and similar financial companies in India have almost stopped their relationships with fintech for what concerns lending products and services - to avoid all the issues that companies that are not fully regulated can cause.
In the meantime, fintech companies continue focusing on people's needs, and Arnie is an example of this philosophy - its goal is the improvement of the retirement industry.
The NBA and the Chinese fintech company Ant Group, entered a partnership that will allow the two to cooperate to create video content, digital collectibles and membership programs.
After Jeremy Hunt praised Revolut as a top fintech, which should be part of his vision of the UK as the "next Silicon Valley", questions arise about the problems currently faced by the UK fintech.
Despite the drop in funding witnessed in the last few years, the fintech sector in Africa is thriving. The continent managed to gather almost $1.5 billion in 2022, and Nigeria is the best-funded country.