Issue 232 · Aug 29, 2019 Weekly edition · 2 min read

Fintech News

This weeks issue is about how fintech is reshaping the financial services industry. Michael Gilroy says that all big brands will become fintechs, read why. The third top story is about UKs risk of losing global fintech

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Numbrs joins fintech unicorn club

Swiss fintech startup Numbrs Personal Finance has joined the unicorn club, raising $40 million from private investors in its latest funding round.

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In this issue · 11 items

Why Is Uber Hiring So Many Fintech People? Forbes — In an article titled Uber is making a fintech push with a New York hiring spree, CNBC reported that: Open story ↗ Forget millennials, fintechs have eyes for Gen Z Investment News — The next big thing is moving beyond client portals and onto voice search Open story ↗ Fujitsu takes on fintech with AI credit-scoring tool for banks Nikkei Asian Review — Software meant to help understaffed lenders approve small-business loans Open story ↗ 5 Ways Fintech is Reshaping the Financial Services Industry Business 2 Community — Banking institutions, credit unions and big financial players have been playing catch up with new software developments and advances in technology mostly introduced by fintech startups. Open story ↗ Here are the top-funded fintech startups of Singapore in 2019 e27 — Up until last week, these fintech startups have made some of the biggest funding rounds in 2019 Open story ↗ Michael Gilroy: All big brands will become fintechs. Announcing Bond. Canaan — All big brands will become fintechs. Since 2016, the fintech team at Canaan has been chasing and building off of this thesis. Open story ↗ Meet two women making fintech attractive, approachable Inquirer — Lei Buendia, Refinitiv director for contributed content, customer operations and managed services, and Donna Formilleza, director for Eikon Support. Open story ↗ China’s central bank releases 3-year fintech development plan technode — The People’s Bank of China (PBOC) on Thursday released (in Chinese) a three-year plan with the aim to strengthen support for the fintech sector and curb its risks. Open story ↗ For traditional banks, fintech newcomers offer opportunities, not threats South China morning post — Is Hong Kong’s financial district ready for the next wave of fintech? Open story ↗ Tech founders warn UK at risk of losing global fintech crown City A.M. — Tech founders have warned that the UK is at risk of losing its position as the global fintech leader. Open story ↗ Startup boosters: FinBlue to mentor fintech startups Financial Express — In a bid to foster the country’s fledgling fintech ecosystem, a Centre of Excellence (CoE) christened FinBlue has been launched in Chennai[...] Open story ↗

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Numbrs joins fintech unicorn club

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