Sharing with you relevant and exciting utilization of a number of innovative technologies, be it disruptive or sustaining to the existing financial services industry.
Hi fintech friends,
This week we are looking into banks rolling out robots to face the spike in loan requests, a list of the top fintech angel investors in Europe, the dark side of fintech borrowing with a research by professor Marco di Maggio of Harvard Business School, plus much more.
As always, if you like this newsletter, remember to share the love and tell your fellow fintech enthusiast friends to sign up here!
One more thing before letting you dive into this week reading: this year as well I decided to join SXSW as an advisory board member. SXSW Pitch, which is the competition dedicated to startups, will take place on March 17th and 18th and it’s a great opportunity to showcase your emerging technology product or service in front of industry leaders.
Of the 553 companies who participated between 2009 and 2019, over 80% received investments, with combined funding in excess of almost $7.6 billion. And with 18% of these companies that have been acquired by the likes of Google, British Telecom, Huffington Post, Apple and Live Nation. The deadline to apply is January 8th at 11:59 pm PST. Check this link if interested to learn more.
The Techstars Sustainability Challenge is an equity-free challenge that brings together founders with industry leaders in sustainability. Top Supply Chain solutions in the areas of Data & Automation and Materials & End-of-life Impact will have access to potential commercial opportunities with our corporate partners. We are looking for proven technologies that are able to be pilotable in 2021. Applications are now open and close March 1, 2021.
It’s only been a few months since Lili announced its $10 million seed round, and it’s already raised more funding — namely, a $15 million Series A. The startup, founded by CEO Lilac Bar David and CTO Liran Zelkha, is creating a bank account and associated products designed for freelancers, with features like early access to direct deposit payments and the ability to set aside a percentage of income for taxes.
Possible Finance was growing fast and ready to raise more venture capital. Then COVID-19 hit. “It immediately made fundraising much more difficult than anticipated,” said Tony Huang, CEO and co-founder of the 3-year-old startup that runs a high-tech small loan service.
Financial technology company Social Finance Inc has received preliminary, conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) over its application for a national bank charter, the company said on Wednesday.
Alessandro Ravanetti- Freelance content writer and copywriter. Working in the fintech industry since 2011, I built and managed digital companies with distributed teams and international partners, gaining experience with both startups and large corporations. I am an independent expert with the European Commission, FundingBox and the Eureka Network, and an advisory board member of SXSW. email@example.com
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