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How the Traditional Bank Is Being Disrupted, China Regulator Puts Country's Fintech Giants on Notice, Tink €680m Valuation.

Hello fintechers! This week we look at at the unbundling of Bank of America, discovering how the trad
Issue #85  •  December 14  •  View online  •  Suggest a link
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.
As always, if you like this newsletter, remember to share the love and tell your fellow fintech enthusiast friends to sign up here.
Happy reading,

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This Week in Fintech
Unbundling Bank of America: How the Traditional Bank Is Being Disrupted
From mortgages to robo-advisors to trading software, here’s how fintech companies are unbundling Bank of America’s front office.
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.   •   Share

Funding, Merger & Acquisitions
Tink Raises $103m as Its Open Banking Platform Grows To 3,400 Banks and 250m Customers

This Baas Fintech Helping Businesses Embed Payments Tech Into Their Apps Just Raised a $27m Series A

Kids' Bank Account App Gohenry Raises $40m

Cleo, the AI-Powered ‘Financial Assistant’, Raises $44m Series B Led by EQT Ventures

Something More for You to Read
Facebook Faces Lawsuit Over Crypto Project's New Name

Europe's Unexpected New Fintech Investor:

Fintech, Regtech and the Role of Compliance 2021

Fintech Firm Revolut Takes Aim at Stripe With Payment Software for Businesses

Saving the City: London's Finance District Plots Reboot as COVID Compounds Brexit
Techstars Startup Digest Fintech is curated by:
Alessandro Ravanetti 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.
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