Issue 333 · Oct 14, 2021 Weekly edition · 4 min read

Issue #333

Old money is out, new digital money is in! These are the words of Lee Birkett, CEO and founder of Moneybrain. Forward-looking words, but they can also fit the current reality. In today’s world it’s ever harder to

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Binance Smart Chain (BSC) Receives $1 Billion to Bring the Next 1 Billion Crypto Users

Changpeng Zhao wants Binance to become the first blockchain with one billion users. The CEO of Binance announces that the company launched a $1 billion Growth Fund for Binance Smart Chain adopters, to help fintech companies who want to use BSC to build their projects. Binance focuses on blockchain-rich regions like Russia, India, South East Asia, Europe, the US and South America, to manage the growth of blockchain adoption regionally. The BSC will work closely with fintech comapnies, crypto advisors, blockchain researchers and influencers.

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In this issue · 10 items

Here's My Favorite Fintech Stock Right Now The Motley Fool — SoFi Technologies is a fintech company that went public earlier this year. With a 3-digit percentage growth, this company is extremely interesting for investors who want to explore fintech stocks. Matt Frankel is one of those explorers. Open story ↗ PhonePe and NBBL partner to launch ClickPay The Indu Business Line — PhonePe and NBBL announced their partnership to create ClickPay, an easy-to-use digital system crated to make recurring payments. Ankit Gaur, Online Merchants at PhonePe, consider this a fruitful partnership that will allow a further adoption of digital payments and a way to avoid mistakes due to manual inputs. Open story ↗ Payments Fintech Global Processing Services Raises $300 Million Crowdfund Insider — GPS - Global Processing Services - is a payment fintech that is focusing on delivering innovative card programs and financial services via API. Its services are so innovative that the company managed to raise over $300 million with investors like Advent International and Viking Global Investors - who will control the company. Peter James, Director at Advent International, defined GPS's services as a real revolution. Open story ↗ How fintech can bridge the credit gap for first-time borrowers Financial Express — Traditional banking systems make it very hard for people to take loans: documents required and credit score allow just a few to be able to be compliant with banks needs. But fintech is increasing our financial opportunities and creating an inclusive economy. Open story ↗ Fintech, adoption growing even after pandemic Crypto New Media — A research conducted in the US and UK revelead that the use of Fintech increased during pandemic: the research, ""The Fintech Effect: Fintech's Mass Adoption Moment"", discovered that people use fintech even more than social media. Fintech is not just a way to manage finance, but a way to be more informed, digital oriented, save time and money. Open story ↗ Stripe and other fintech companies choosing Bitcoin Crypto New Media — Web 3.0 is a reality. Major fintech companies are collaborating with or integrating cryptocurrencies. Among these companies, Stripe can be considered a pioneer. The co-founder of Stripe John Collison points out that the company started coding one year after the launch of Bitcoin's whitepaper, always keeping an eye on the progress of cryptos. Open story ↗ Huawei Wins ‘Future Digital Awards for Fintech & Payments’ from Juniper Research WebWire — Juniper Research awarded Huawei with Future Digital Awards in Fintech & Payments. This prize is for companies that provide outstanding financial products and services across several industries. Huawei deserved the prize especially for its contribution to growing digitalization in emerging markets, strongly recognized in the industry during the pandemic. Open story ↗ From $0 in revenue to a $7.25B valuation: Why TripActions' $275M raise has fintech to thank Yahoo Finance — With COVID-19 pandemic, TripActions stopped focusing only corporate trip booking. Its revenue dropped to $0 during the worst time of the global crisis, but the company found a smart way to raise capital leveraging fintech solutions. By creating TripActions Liquid, a unified and unique T&E solution, TripActions managed to raise over $1 billion in funding rounds. Open story ↗ Global Fintech Moneybrain Joins Visa’s Fintech Fast Track Program Crowdfund Insider — Moneybrain, a UK platform, developed its own digital money, BIPS. You will be able to buy BIPS both with fiat and cryptos. Visa is the partner Moneybrain chose to create its Moneybrain Digital Asset Visa Card. By joining Visa, Moneybrain is getting access to a pool of professionals and resources, thanks to Visa's Fintech Fast Track program: Visa has Fintech companies in mind and is supporting innovation. WIll other companies create their own money? Open story ↗ Crypto-Fintech Laboratory and BTC.com Enter Strategic Partnership to Jointly Explore and Develop Cutting-edge Financial Technologies Coinspeaker — Hong Kong University of Science and Technology (HKUST) and BTC.com announced their partnership to explore cutting-edge financial technologies. The HKUST Big Data Institute, with its research and acedemic strengths, and Bitcoin.com, with its strong inductry experience, want to create the right environmente for developers, researchers and entrepreneurs, with the goal of creating new benefits for the whole society. Open story ↗

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Binance Smart Chain (BSC) Receives $1 Billion to Bring the Next 1 Billion Crypto Users

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