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 fintechers!
This week we take look at the World Economic Forum’s Global COVID-19 Fintech Market Rapid Assessment Study, a great in-depth 125 pages long analysis that is free to download, a new fintech’s novel bank charter application drawing industry’s ire, how Ping An became a fintech super-app, 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.
The Techstars Sustainability Challenge is an equity-free challenge that brings together founders with industry leaders in sustainability. Top Supply Chain solutions in the areas of Data & Automation and Materials & End-of-life Impact will have access to potential commercial opportunities with our corporate partners. We are looking for proven technologies that are able to be pilotable in 2021. Applications are now open and close March 1, 2021.
The World Economic Forum’s Global COVID-19 Fintech Market Rapid Assessment Study has gathered empirical data from 1,385 fintech firms that are currently operating in 169 jurisdictions globally with the aim of helping to understand: the impact of the global pandemic on the fintech markets, the response of the fintech industry to the challenges of COVID-19, the most pressing fintech regulatory and policy issues.
Figure Technologies would only accept uninsured deposits, so it would not be subject to Fed or FDIC oversight. A major concern for banks is that the effort could open the door to incursions by bigger tech companies.
Primer, the UK fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has raised £14 million in Series A funding.
Italy’s biggest utility Enel has agreed to buy fintech company CityPoste Payment (CPP) from Mail Express Group to strengthen its position in the digital payments market.
weavr is an embedded banking provider that enables businesses to integrate financial services into their products. It claims that business of all sizes and industries, use its solution to issue and accept payments and to move money around the world.
Amount, a new service that helps traditional banks compete in a digital world, has raised $81 million as it looks to help legacy fintech players compete with their more nimble digital counterparts.
4/ We believe that there is a lot more to do in consumer fintech, and that software can help bring purpose to our financial lives. https://t.co/nJdi8BhPk3
The Facebook-backed Libra cryptocurrency is changing its name to Diem. The organization has been held up in part by concerns over its ties to Facebook, and the name change is meant to reflect its “organizational independence.”
S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, said on Thursday that it will launch cryptocurrency indices in 2021, making it the latest major finance company to enter the nascent asset class.
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
Did you enjoy this issue?
Did you see something you think we should include in our newsletter?
Our mailing address is:
Techstars
1050 Walnut St #202
Boulder, CO 80302
If you were forwarded this newsletter and you like it, you can subscribe here.
If you don’t want these updates anymore, please unsubscribe here.
Manage all your newsletter subscriptions here.
This newsletter is carefully curated with Revue
