Issue 342 · Dec 16, 2021 Weekly edition · 3 min read

Issue #342

This week showed once again the role of fintech in our economy, and here at Fintech Weekly we want to cover the best fintech topics of the week. While fintech startups raise millions of dollars across the world,

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APImetrics and Finextra launch open access fintech, open banking and crypto API data dashboard

The API economy is rising, and API solutions seem to be the new frontier in data. Finextra and APImetrics have collaborated to create the first open dashboard that will provide real-world performance of the top 30 open banking brands and 36 crypto exchanges.

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In this issue · 10 items

Ushering In A New Future of Buy Now, Pay Later Unconventional Ventures — Payment habits changed because of the pandemic: the BNPL scheme is spreading, and PayPal is leading the way. The One Vision group chats with Greg Lisiewski - VP and GM, Global Pay Later Products at PayPal. Open story ↗ Asian Financial Forum Asian Financial Forum — AFF is Asia’s premier platform for global leaders in government, finance and business to exchange insights, intelligence as well as to explore business and investment opportunities. Open story ↗ Ameris Bancorp buys fintech Balboa Capital to bolster national lending American Banker — Ameris Bancorp, the US bank, acquired the online business lender Balboa Capital. The CEO of Ameris, Palmer Proctor, talks about this acquisition as an opportunity to offer Ameris customers an online lending service. Open story ↗ Bank of America launches new luxury credit card and expands its Preferred Rewards program CNBC — The card launched on November 22 by Bank of America, with an annual fee of $550, marks the entry of the bank into the market of luxury credit cards. Open story ↗ Facebook Forked Over $60M to Acquire Trademark Assets from Meta Financial Group PYMNTS — After the rebranding of Facebook, the company spent $60 million to buy the trademark assets of Meta Financial Group. Open story ↗ Mexican fintech Clara hits unicorn status with $70m Series B round Fintech Futures — The Mexican fintech startup Clara has raised $70 million in a series B funding round. The startup helps businesses manage their finances, provide credit cards and manage expenses. Open story ↗ Banking Giants Wells Fargo and HSBC To Use New Blockchain Platform To Settle Global Forex Trades The Daily Hodl — Wells Fargo and HSBC Bank are partnering to use a blockchain solution, provided by Baton Systems, to facilitate forex transactions. Open story ↗ 3 Ways To Bridge The Tech Skills Gap In 2022 Forbes — In the United States there is a lack of employees in IT and other tech specialties. This is becoming an urgent issue for US employers, but there are three ways they can solve this problem. Open story ↗ Instant Factoring attracts new external financing of EUR 6.3 mln The Paypers — Instant Factoring is a Romanian fintech that offers financing solutions for small businesses: the decision process is extremely fast - 2 hours - and the model of the company has attracted international investments for $6.3 millions. Open story ↗ Fintech trends: What trends will shape the fintech landscape in 2022 Finextra — As we approach the end of the year, Finextra starts drawing conclusions and making predictions for 2022. Future trends involve frictionless payments. Open story ↗

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APImetrics and Finextra launch open access fintech, open banking and crypto API data dashboard

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