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WEF Fintech Market Assessment Study, Fintech’s Novel Bank Charter, How Ping an Became a Fintech Super-App

Hey fintechers! This week we take look at the World Economic Forum’s Global COVID-19 Fintech Market R
Issue #84  •  December 7  •  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.
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.
Happy reading,

Calling Startups in Supply Chain Innovation

Techstars Sustainability ChallengeThe 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.

This Week in Fintech
Global COVID-19 Fintech Market Rapid Assessment Study
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.

Could others follow the Chinese firm’s lead?

Funding, Merger & Acquisitions
Primer Raises £14m in Series A Funding

Enel X Agrees To Buy CityPoste Payment To Boost Fintech Business

London-Based Weavr Raises €3.3m To Bring Embedded Banking To the Services Sector

Amount Raised $81m from Goldman Sachs and Others

Something More for You to Read
Adam Nash
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.
Libra Cryptocurrency Project Changes Name To Diem To Distance Itself From Facebook

S&P Dow Jones Indices To Launch Cryptocurrency Indexes in 2021

Understanding the Limits of Fintech in Financial Inclusion
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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