Issue 366 · Jun 2, 2022 Weekly edition · 3 min read

Issue #366 - What Goes Up, Must Come Down

With these words Biz Carson starts her analysis of the current market and what this implies for fintech startups. The top story of this number of FinTech Weekly forces us to reflect on the global economic situation and

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Terra Blockchain to Split, Abandon Collapsed UST Stablecoin

Noelle Acheson (Genesis) and Emily Chang discuss the troubles faced by Terra and the split of the blockchain. How will this affect the crypto space and new regulations?

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In this issue · 9 items

Zopa Bank and Fintech TrueLayer Make Saving Seamless with Acct-to-Acct Payments Crowdfund Insider — TrueLayer, the European open banking platform, and the digital bank Zopa are partnering to create new products: Zopa’s Smart Saver, launched in February, will now be improved by allowing users to make account-to-account payments. Open story ↗ Fintech startups are in serious trouble Protocol — Biz Carson analyzes the current market situation: fintech companies, after the peak reached in October 2021, are now shrinking in value – and this might make it harder for fintech startups to justify their high valuations. Open story ↗ Spiros Margaris and CAT Financial Products launch fintech value investment solution The Paypers — CAT Financial Products – the Swiss financial services company – and Spiros Margaris – popular venture capitalist – are working together on a new project that will allow investors to discover new investment opportunities in the fintech space. Open story ↗ Undervalued Metaverse Project Mars4 Is Preparing for New Releases Bitcoinist — The metaverse project Mars4 might be one of those undervalued projects investors are constantly looking for to earn returns. Mars4, based on virtual land plots of Mars, have already planned new launches. Open story ↗ Meta’s German Oculus Blockade Has Startups Facing Harsh Reality Bloomberg — The battle between Meta and German regulators had a huge impact on developers and local startups. The popular product of the company, Oculus – a VR headset, was removed from the German market, and this is causing problems to all those who want to enter the billionaire VR market. Open story ↗ Tim Draper: Women will drive the next Bitcoin bull market CoinTelegraph — The popular investor Tim Draper makes predictions about the future of Bitcoin and the role of women. As more retailers accept Bitcoin, women will play a major role in the future of the crypto project – since they control retail spending. Open story ↗ World's first green fintech taxonomy launched Finextra — The first green fintech classification is live: the new taxonomy was created by the Green Digital Finance Alliance and the Swiss Green Fintech Network. Open story ↗ Green fintech money app Tred busts crowdfund target in ten minutes Finextra — Tred, a UK fintech company, successfully reached – and exceeded – the goal of its crowdfunding campaign on Crowdcube. The company produces a green debit card able to track the carbon costs of users’ spendings. Open story ↗ Someone Stole Seth Green's Bored Ape, Which Was Supposed To Star In His New Show BuzzFeed — The popular actor and producer Seth Green is also an NFT collector. Unfortunately, 4 of his NFTs were stolen as the result of a phishing fraud – but one of these, a Bored Ape, should be the main character of the next show produced by Green. Open story ↗

← Previous issue Issue #365 - What If Competition Rises? Next issue → Issue #367 - The Effects Of Competition

Terra Blockchain to Split, Abandon Collapsed UST Stablecoin

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