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 fintechers!
This week we look at at the unbundling of Bank of America, discovering how the traditional bank is being disrupted, at China’s top banking regulator hinting for more regulations, at Sweden’s fintech Tink new €680 million valuation and at Facebook facing lawsuit over crypto project’s new name, plus much more.
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China’s top banking regulator hinted at “timely and targeted measures to prevent new systemic risks,” in a nod toward further regulation on tech giants.
Tink, a startup out of Stockholm, Sweden that aggregates a number of banks and financial services by way of an API so that those can in turn be accessed via new channels, has raised €85m, at a post-money valuation of €680m.
Children’s bank account app gohenry said on Tuesday it had raised $40 million to fund expansion in its home market of Britain and in the United States.
Cleo, the London-founded “financial assistant” that takes the form of an app and chatbot and now counts the U.S. as its largest market, has raised $44 million in Series B funding.
The year 2020 has been a year of digital transformation and acceleration to meet the challenges of the COVID-19 pandemic. By necessity and by design firms have implemented the roll-out of technology, often at speed, to enable business activities to continue as countries…
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. alessandro.ravanetti@startupdigestmail.com
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