Sharing with you relevant and exciting utilization of a number of innovative technologies, be it disruptive or sustaining to the existing financial services industry.
This week we have a long-form article by Andreessen Horowitz analysing the COVID effect on fintech, McKinsey exploring the changing dynamics for fintech companies in Europe, the mega-rounds raised by Klarna and Affirm, the fintech valuations outrunning banks, a slimmed-down regulatory process for fintech in the US, and much more.
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Money transmitters like Western Union, PayPal, and cryptocurrency firms will be able to more easily expand across the United States, after 48 state regulators agreed to a single set of supervisory rules that should reduce their compliance costs.
The biggest silver lining in periods of economic turmoil–such that we are in right now, despite what the stock market may tell you–is that they often lead to significant innovation. This is true for most major economic depressions and recessions in U.S. history. General Motors (NYSE: GM) was founded
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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