Issue 346 · Jan 13, 2022 Weekly edition · 4 min read

Issue #346 - Did you know? Digital residencies, remote working and much more

FinTech Weekly collected some interesting news for you also this week: fintech is always more integrated with our lives, but sometimes the degree of innovation we are reaching surprises even us. But are we all on the

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Business banking startup Qonto raises $552 million at $5 billion valuation

Qonto is a well-known fintech startup in Europe: its focus on small and medium companies and freelancers rewarded the company, so that it raised $552 million in the last funding round, reaching a valuation of $5 billion.

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In this issue · 11 items

This Is A Big Deel: FinTech Startup Frees People To Work Remotely From Anywhere In The World Forbes — The fintech firm founded in 2019 by Alex Bouaziz and Shuo Wang, Deel, managed to boost its revenue from $4 million in 2020 to $50 million in 2021. How? The firm helps businesses around the world to hire people remotely and to take care of the whole process. Remote working became a necessity with the pandemic, and it seems that this new working methodology is here to stay. Open story ↗ Republic of Palau and Cryptic Labs launch digital residency program Cointelegraph — Blockchain technology still surprises. The cooperation between the Republic of Palau and Cryptic Labs will provide people with a blockchain-based legal ID: thanks to their Digital Residency Program, anyone from everywhere can get a digital residency - in the form of an NFT - and access global business opportunities. Open story ↗ Why Every Company Will Be a Fintech Company [Spoiler: Tech Giants Are Already Into It] Finance Magnates — Fintech adoption is becoming a must for every company, no matter the industry sector. Digitalization, APIs and financial services are becoming one of the main sources of income of many firms, and also the smallest ones can now access and explore these new solutions very easily - and they should, since it seems that customers trust more those firms that also provide hassle-free payment solutions. Open story ↗ 592. News: Anne Boden comments anger fintech bosses and Tencent invests in Monzo Fintech Insider — Fintech Insider’s hosts, Benjamin Ensor and Deepa Anikhindi, discuss fintech news with Wiza Jalakasi (Chipper Cash) and Abba Newbery (Habito): from the accusations against Anne Boden to the impressive mortgages offered by Habito, the four experts are ready to share their opinions with us. Open story ↗ Community Banking Network CBANC Unveils New B2B Fintech Marketplace Finovate — CBANC announced the launch of a new marketplace: the fintech platform will be free for all employees of U.S. financial institutions, as well as the CBANC community, so far used by institutions and professionals to connect and gather useful and reliable information related to the financial sector. Open story ↗ FinTech & InsurTech Meetup Europe Fintech Meetup Europe — Hi FinTekkies and InsurTekkies, let's kick off 2022 and meet again at our free meetup. This time we focus on ■■■ Predictions! Predictions! Predictions! ■■■ We host 3 talks by industry experts and a little discussion together with our speaker from europe and beyond. Open story ↗ Top Ten 2022 Fintech Predictions Forbes — Alex Lazarow, Senior Contributor at Forbes, writes about the top fintech predictions for 2022 but from a different point of view: these predictions are the results of readers' opinions. We always analyze fintech taking into account the points of view of experts and CEOs, but how do people perceive the fintech industry? Open story ↗ PayPal Is 'Exploring' Launching Its Own Stablecoin PC Mag — After the findings of Steve Moser, Bloomberg asked PayPal to confirm if the company is really working on its own stablecoin. As PC Mag reported, Jose Fernandez da Ponte, PayPal senior vice president, confirmed that the company is evaluating this option. Open story ↗ HackBerg 2022 Digital Ethics & Sustainability - Time for a Memorandum Jan Kus — 🧠 Digital Ethics & Sustainability - Time for a Memorandum 🧠 🤓 Coder Creative Minds Ski Bootcamp 🎿 ⏱️ 05.03.-08.03.2022 or 05.03. - 12.03.2022 ⏱️ 🗺️ Axamer Lizum and Innsbruck, Austria 🗺️ 🧑‍🤝‍🧑 12 creative minds, 12 perspectives, with the goal of defining ethical and sustainable values for a digital society 🧑‍🤝‍🧑 Open story ↗ Mexico Passed A "Fintech Law," But Regulatory Headaches Remain Fintech Business Weekly — Fintech is booming in Latin America, and governments try to adapt to the needs of businesses by adjusting regulatory frameworks. Mexico is no exception: with 450 fintech startups it is now the largest fintech hub in Latin America, but the Mexican “Fintech Law” - passed in 2018 - seems to address just a few fintech firms. Open story ↗ The End Of Digital Transformation In Banking Forbes — Ron Shevlin reflects on the digital transformation in banking. What many banks are doing is using new tools for an old industry, without really dealing with new technologies available, without really meeting the needs of their customers. Where will this attitude lead them? Open story ↗

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Business banking startup Qonto raises $552 million at $5 billion valuation

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