Sharing with you relevant and exciting utilization of a number of innovative technologies, be it disruptive or sustaining to the existing financial services industry.
Hello and welcome to your weekly digest about financial technology. If you’re returning from last week, thanks! If you’re new, it’s very nice to have you! Share the love and tell your fellow fintech enthusiast friends to sign up here.
Many announcements in the past week of companies going remote - Coinbase, Twitter, Facebook, Square, Shopify (which is as well the last company to move into the fintech space) - and this appears to be just the beginning. What do you think about that? What are your company’s plans?
When former Bill Clinton speechwriter and political wunderkind Andrei Cherny launched Aspiration four years ago, the upstart fintech startup was one of Los Angeles’ early entrants into a financial services market dominated by players from Europe and the financial capital of the U.S., New York City.
Fast-growing fintech behemoth Brex is raising big money as its customer base itself — high-growth and spendy startups — is struggling. The company, which sells a credit card tailored for startups, today announced that it has raised $150 million in a Series C extension from a group of existing investors.
Modulr, the U.K. fintech that offers ‘Payments as a Service’ as an alternative to commercial and wholesale transaction banking, has secured £18.9 million in growth funding. Leading the round is Highland Europe with participation from existing investors including Frog Capital.
MAS,SFA, AMTD Group and AMTD Foundation announced the launch of a S$6 million MAS-SFA-AMTD Fintech Solidarity Grant to support Singapore-based Fintech firms amid the challenging business climate caused by the pandemic.
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. firstname.lastname@example.org
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