Issue #377 - FinTech (& Covid) Reshaped Priorities2022-08-18The pandemic helped people understand what are their priorities: a better quality of life, better services, a better working environment are just a few examples. The new generation of workers made it clear: even if office work is a great way to have human interactions, a hybrid approach is better, as well as a stronger focus on work-life balance and mental health. In the meantime, also insurers focus more on people and businesses, and InsurTech facilitates this new trend. Renting might be the new trend in the NFT market, making it accessible to a larger number of people, and fintech companies and investors are interested in emerging markets and payment methods. This and much more in this number of FinTech Weekly: stay on top of fintech news and conferences – for free! |
Top Stories
Top Events
Crypto
| NFT Rentals: Lending Out Digital Goods Opens Web3 to Mass AdoptionThe new frontier in the metaverse seems to be renting. Thanks to the development of a new Ethereum standard, people and businesses will be able to lend and rent metaverse land and tokens. |
| Crypto says institutions are back, though retail investors have cold feetEven if institutional investments in cryptos have always been a complex and long discussed topic, it seems that in the near future institutions may increase their investments in digital assets: this is mainly due to the recent downturn, and might make the crypto market more similar to the traditional financial market. |
Banking
| Nigeria’s TeamApt scores backing from QED for digital banking in rural AfricaThe Lagos-based fintech company TeamApt enables basically anyone to become a local bank branch: its business model was able to support micro and small businesses in Nigeria, and created hundreds of thousands jobs. The US-based fintech QED Ventures invested in this innovative business, and it was the first African investment for the US company. |
| Fintech firms ramp up investments in Kenya’s microfinance spaceThe African vibrant fintech sector attracts even more overseas investments. Among the latest more significant investments, the US-based UMBA Inc. invested in a Kenyan microfinance bank, obtaining a majority share after the approval received by the Kenyan Central Bank. |
Innovation
| Moonlighting is the future of work; why not normalise it: Swiggy HR headIf you’re wondering what moonlighting is, it’s the word used to define all those workers who have a side job. Sometimes, this can conflict with the main job of a worker – especially when there are risks related to competition and intellectual property rights. That’s why Swiggy proposes to normalize moonlighting and adopts moonlighting policies. |
Podcasts and Videos
| The fintech revolution in insuranceNot only workers, but also customers changed their priorities, and insurance companies have to cope with that. Insurtech constantly offers new opportunities to customers, to simplify their experiences and make products and services meet their needs. |
Fintech
| ReceiptHero Joins Visa Fintech Partner ConnectReceiptHero, the fintech company that became one of the most advanced receipt platforms available in the market, joined the Visa Fintech Partner Connect Program to offer issuers and retailers more payment options. |
| How fintech firms can develop great products to stay ahead of the curveThe digital payment sector is young in Indonesia, but it developed quite fast. Fintech firms can develop competitive products, but they should put on merchants the same focus they put so far on customers. |
| How do fintech companies and marketing agencies cooperate?Fintech companies have the advantage to be available for customers all over the world, often without geographical boundaries. But this requires different marketing efforts and a stronger focus on human capital: here you can find how fintechs and marketing agencies cooperate, and this can be inspirational to businesses across different sectors. |