View profile

The Biggest IPO in History, EU Crowdfunding News, Deep Dive Into Digital Wallets

Hey fintech folks! Here we are with an interesting week for investment crowdfunding in the EU, with n
Issue #76 — View online — Suggest a link
Fintech
Sharing with you relevant and exciting utilization of a number of innovative technologies, be it disruptive or sustaining to the existing financial services industry.
Hey fintech folks!
Here we are with an interesting week for investment crowdfunding in the EU, with new harmonised rules for crowdfunding platforms and with two of the biggest platforms that announced a deal to merge. Together with a compelling analysis by The Economist, regarding what is about to become the biggest IPO in history. Plus a detailed analysis of digital wallets and 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,
Alessandro

This Week in Fintech
Digital Money - Ant Group and Fintech Come of Age (paywall)
China’s pre-eminence in digital money is likely to be on display in the next few weeks with the monster listing of Ant Group, its largest fintech firm, in Hong Kong and Shanghai. Measured by cash raised, it will probably be the biggest initial public offering in history, beating Saudi Aramco’s last year.
Read now  |  Share
New Rules To Facilitate EU Crowdfunding
New harmonized EU rules will allow European crowdfunding platforms to provide new opportunities for startups and investors.
Read now  |  Share
Deep Dive - Digital Wallets
An interesting in-depth analysis on digital wallets, with a focus on Venmo and Cash App.
Read now  |  Share
Funding, Merger & Acquisitions
Affirm’s IPO Announcement Signals Fintech Strength
As its business booms, pay-later fintech upstart Affirm confidentially filed for to go public on Thursday—less than a month after it lined its pockets with $500 million in fresh venture capital.
Read now  |  Share
Crowdfunding Platforms Crowdcube and Seedrs Agree To Merge
UK crowdfunding platforms Crowdcube and Seedrs have agreed to merge together to become “one of the world’s largest private equity marketplaces.”
Read now  |  Share
Citigroup Backs Fintech Company Genesis
Citigroup Inc has made a strategic investment in Genesis Global Technology Limited, a London-based startup that develops technology to make it cheaper and faster for financial firms to build applications such as trading systems, the companies said on Monday.
Read now  |  Share
Something More for You to Read
Embedded Finance Might Represent Fintech’s Future
The fintech industry is on a tear. Popular consumer services like Robinhood to Coinbase and Revolut have managed to attract millions of customers, but the most interesting trend right now is embedded finance. Tech companies that don’t necessarily provide financial services can embed services from fintech companies directly in their products.
Read now  |  Share
Innovation and investment in payments is hotting up again — and it could spell trouble for Stripe
New investment and renewed innovation in the payments space may cut into the margins of some of the world’s biggest players.
Read now  |  Share
Coinbase Says 60 Employees Are Leaving Over Its Apolitical Stance
5% of Coinbase’s staff is leaving after CEO Brian Armstrong published his controversial blog post.
Read now  |  Share
Square buys $50m in bitcoin, says cryptocurrency 'aligns with company's purpose'
Square said Thursday it bought 4,709 bitcoins, worth approximately $50 million.
Read now  |  Share
PPP Loans: Scammers Used Fintech Companies to Carry Out Fraud (paywall)
The government turned to web-based lenders to get money out quickly, without too much paperwork.
Read now  |  Share
DBS and Standard Chartered to launch blockchain platform to curb trade finance fraud
DBS and Standard Chartered will soon launch a trade finance platform for central banks worldwide (Skeptical about this kind of consortium project? Me too!).
Read now  |  Share
Techstars Startup Digest Fintech is curated by:
Alessandro Ravanetti Alessandro Ravanetti - Fintech copywriter & content strategist. Working in the fintech industry since 2011, previously as a founder and now as a consultant. Independent expert with the European Commission and SXSW advisory board member.
alessandro.ravanetti@startupdigestmail.com
Did you enjoy this issue?
Did you see something you think we should include in our newsletter? Suggest a link.
Manage all your newsletter subscriptions here.
If you were forwarded this newsletter and you like it, you can subscribe here.
If you don’t want to receive this newsletter anymore, unsubscribe here.
Powered by Revue