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#FinTech Trends: Every morning at 6am the Fintech Briefing from Kuble’s Intelligence Unit delivers the hottest industry news straight to your inbox.
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Fintech Briefing for 05/01/2019

 

Here are the stories which you need to know today (learn more about Story Impact):


Big Data Theme-Based Seminar - "FinTech and Financial Inclusion " (6 May 2019) - HKU SPACE
May 01, 2019 04:06 am

Financial inclusion means that people have access to useful and affordable financial services that meet their needs. Research suggests that the benefits from financial inclusion can be wide ranging - it can help improve people’s income-earning potential and thus reduce poverty. In this talk we will discuss how the financial technology (FinTech...

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Top 4 exchanges are not known to promise high profits in the future
May 01, 2019 04:05 am

...leading experts on Fintech and Hardware. . * Zero commission fee for users and MoonX family members. These are not paid for when you are a member of the Moon family, after all, users will become members of the Moon family with just one transaction on the floor. Projects will be listed for free. MoonX's mission is to promote and help other currencies...

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Klarna erhöht Festgeld-Zinsen: Jetzt 1,2 Prozent für 12 Monate - Netz24.biz
May 01, 2019 03:50 am

Banken bieten viele ausländische Kreditinstitute – und inzwischen auch vermehr sogenannte Fintech-Unternehmen: wie beispielsweise den schwedischen Zahlungsdienstleister Klarna. Klarna kennen die meisten Deutschen wahrscheinlich höchstens vom Online-Shopping. Das Unternehmen übernimmt für viele Online-Shops die Abwicklung beim Rechnungskauf...

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Melissa Lim to speak at the Consensus 2019 Conference in New York
May 01, 2019 03:38 am

Walkers will be sponsoring the Consensus 2019 Conference, taking place at the New York Hilton Midtown from Monday, 13 May to Wednesay, May 15. Partner Melissa Lim will be speaking on a Legal Workshop Panel (13 May) covering 'Fintech and Blockchain Developments in the Cayman Islands'. Partners Natalie Neto and Lucy Frew will also be in attendance...

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Firm Moves To Save Patients In Life-Threatening Situations
May 01, 2019 03:35 am

To support patients in life-threatening situations and as part of its partnership with LifeBank, a blood firm, the management of Renmoney, one of Nigeria’s leading fintech companies recently, led its staff to donate over 65 pints of blood. Elizabeth Okonji, Chief People Officer at Renmoney, said the organisers were overwhelmed by the number of...

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Google Pay nun auch in der Schweiz | Wirtschaft | Bote der Urschweiz
May 01, 2019 03:33 am

...2019, 11:42 Anzeige: Anzeige: Bald würden auch die Credit Suisse mit Prepaid-Karten sowie das Fintech Neon mitmachen, teilte Google am Dienstag mit. Mit dem Startschuss für Google Pay können die Nutzer von Android-Handys via der Kontaktlos-Technologie NFC (Near Field Communication) bezahlen. Bei Transaktionen über 40 Franken muss zusätzlich noch...

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Labor’s Blockchain Academy launch – InnovationsAus.com
May 01, 2019 03:32 am

...strengths of The West. Perth had several advantages, being well positioned to link in with other global cities like Singapore that are embracing Blockchain within its FinTech sector. The numbers of startups involved with blockchain technology has more than doubled over two years from 3.4 per cent in 2016 to 8.1 per cent in 2018, while blockchain patent...

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Board | About us | Higher Education Authority
May 01, 2019 03:29 am

UCD and is a Chartered Director. He was awarded a number of honorary degrees, including a DSc from the University of Massachusetts and Honorary Fellowship of RCSI. He chairs the Fintech/Global Payments company TransferMate and is a non-executive director of Intuition Ltd and a number of other boards. He was previously a board member of the...

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DTCC Shines A Surprising Light On Enterprise Cryptocurrency
May 01, 2019 03:25 am

Cryptocurrency took center stage at the annual Fintech Symposium hosted by the Depository Trust and Clearing Corporation, which keeps the master record for $48 trillion worth of stocks, bonds, and other assets. Literally. While other hot technologies like artificial intelligence and cloud were all highlighted in various ways, the only two panels...

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SEC challenges Fintech firms to disrupt capital market with innovation
May 01, 2019 03:24 am

The Director-General of Securities and Exchange Commission (SEC), Mary Etuk, has challenged the Fintech firms in Nigeria to come up with innovative products that would disrupt the capital market. “We urge innovators to identify areas of concern or practices and this could be addressed or improved with technology. We need to collaborate”, she said...

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Thailand morning news for May 1
May 01, 2019 03:22 am

Artificial intelligence (AI), automation, machine learning, big data, digital marketing, blockchain, fintech, Industry 4.0, Business 4.0 and even Human Resources 4.0 — no doubt you’ve read about most or all of these topics in the past few years. — Bangkok Post tech AP upbeat on condo market SET-listed developer AP Thailand Plc remains confident about...

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‘Nigeria needs more liberal, fiscal policies’
May 01, 2019 03:15 am

...in mobile penetration, although East African countries like Kenya still take the lead. With the rise of financial technology (Fintech), Hart believes that Nigeria is making progress in Fintech opportunities. “It is nice to see that Nigeria is making progress in Fintech. Last year, CBN launched the Payment Service Banks (PSB) licensing guidelines...

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EU Banking and Finance Regulatory Newsletter - April 2019 - Key regulatory developments in the EU
May 01, 2019 03:11 am

...published two pieces of Joint Advice in response to requests made by the European Commission in its March 2018 FinTech Action Plan: On the need for legislative improvements relating to Information and Communication Technology (ICT) risk management requirements in the European Union (EU) financial sector. In addition, on the costs and benefits of a...

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Ideaspring Capital
May 01, 2019 03:05 am

August 2015. India Dealbook: Fintech startup RedCarpet raises $2.5m; Ideaspring backs Karomi Fintech startup RedCarpet has raised $2.5 million in a round led by Lightspeed Venture Partners, while  tech firm Karomi has raised $524,000 funding from Ideaspring Capital. RedCarpet raises $2.5m led by Lightspeed Ventures Student microlending startup...

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China fintech Archives - DealStreetAsia
May 01, 2019 03:05 am

China fintech China launches mega $1.44b Asia FinTech M&A Fund of Funds Affirming its dominance in the Asian fintech sector, China has launched $1.44 billion Asia FinTech Merger and Acquisition Fund of Funds (Asia FinTech FoF) to focus on investment opportunities and mergers and acquisitions in FinTech area in the region.

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Labor to launch Blockchain Academy
May 01, 2019 03:00 am

Blockchain Academy was an opportunity to put a spotlight on the tech strengths of The West. Perth had several advantages, being well positioned to link in with other global cities like Singapore that are embracing Blockchain within its FinTech sector. The numbers of startups involved with blockchain technology has more than doubled over two years from 3...

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Divvy closes $200 million venture round, third in 12 months for fintech dynamo
May 01, 2019 02:57 am

Divvy has raised $200 million in venture capital as the Utah-based fintech continues to grapple with its rapid growth rate. Founded in 2016, Divvy’s automated expense reporting system went live in early 2018. From there, adoption has exploded and caused venture capitalists to swoon. The company raised $10.5 million in May 2018, then $35 million...

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Flicking the switch: It's time for Australia to embrace energytech and all its possibilities - SmartCompany
May 01, 2019 02:53 am

...is typically the poor cousin to the more high-profile investment areas such as fintech, medtech, biotech and agtech. In the climate change world, meanwhile, public debate and policy-making tend to be dominated by the mega matters of coal versus renewables, high electricity bills and the endless warring over putting a price on carbon. Technology in...

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OpenClose Bolsters Sales Team with Addition of Mortgage Software Veteran Tom Buenz
May 01, 2019 02:53 am

Send2Press Newswire WEST PALM BEACH, Fla., Apr 30, 2019 (SEND2PRESS NEWSWIRE) - OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Tom Buenz has joined the company in the position of vice president, enterprise sales. In this role, Mr. Buenz will help satisfy an...

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Tech sector activity gets a boost despite falling optimism
May 01, 2019 02:49 am

...overall business activity across the sector, whereas a reading below indicates a decline. The technology sector outperformed the overall UK economy in the first quarter, which grew at its weakest pace for six years to reach 50.6. Read more: Government moves to take UK fintech startups global Despite the improved growth, businesses became less...

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Libby German's sister forms friendship | Accelerating Future
May 01, 2019 02:49 am

...financial backing this week to the German fintech darling. But does it really merit such a racy market valuation? >>...

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MVB Announces $13.5 Million Gain from Fintech Investment Portfolio
May 01, 2019 02:47 am

FAIRMONT, W. Va. Portion of Gain to Be Utilized for the Continued Build Out of MVB’s Fintech Vertical MVB Financial Corp. (“MVB” or the “Company”) (Nasdaq: MVBF), the holding company for MVB Bank, Inc., and the Bank’s subsidiaries, continues to implement its MVB 3.0 strategy of seeking “blue ocean” opportunities, including partnership with fintech...

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NMS-Chain: Short Video + Audition Platform Based on Blockchain
May 01, 2019 02:45 am

...resources in the industry. NMS-Chain’s core team consist of experts from different fields, such as entertainment, blockchain technology, mobile Internet, fintech, short video media, etc. Team members are coming from Alibaba, Netease, Zhejiang University and other big institutions making the project highly competitive. NMS-Chain founder Steven has...

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Embracing fintech
May 01, 2019 02:44 am

...Fintech could transform the structure of the financial sector. Dave Ramsden sets out three ways the Bank of England is using the latest innovations in finance and technology ommercereview .com I n the past ten years, growth in the digital economy, new technologies and an increased ability to capture and analyse large amounts of data have spurred a...

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Former HSBC trader's fintech startup Dozens raises £3.8m from the crowd on Seedrs | City A.M.
May 01, 2019 02:42 am

The firm had initially set a target of £3.5m, but exceeded that amount with more than 2,150 investors in 42 countries. Read more : Philip Hammond says UK fintech sector will attract talent after Brexit Dozens offers a current account and savings and investment tools to reward users for saving instead of spending. The round takes the startup’s...

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Curated blockchain communications from tech-literate professionals- UK Writers
May 01, 2019 02:38 am

I'm the founder of www.blockwriter.co.uk . We are a United Kingdom based boutique agency specialising purely in blockchain, fintech, and cryptocurrency communications. Have you spent so long at your command-line interface that you've got computational semantics confused with linguistic semantics? Feel more confident with programming languages...

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Lending startups see upto 30% jump in user acquisition costs
May 01, 2019 02:35 am

The cost of acquiring customers, or the price platforms pay to on-board consumers, has increased significantly due to higher borrowing costs Online lending startups have seen a 20-30% jump in user acquisition costs over the last few months, multiple industry executives told ET, as both banks and fintech companies aggressively chase consumers...

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Funding slowdown for tech sector?
May 01, 2019 02:33 am

...the March quarter is skewed heavily by the huge $1.6 billion acquisition of property tech firm PEXA, along with large capital raisings by Airwallex ($141 million) and Fintech Moula ($250 million). PEXA is “not by any stretch a startup and did not have the normal creation and growth story of many Australian startups”, and its acquisition is...

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The Pyramid Scheme that Collapsed a Nation, Don't let this happen to Indonesia, Esp. with many Bandwagon on so called "FinTech" that in reality is not FinTech
May 01, 2019 02:28 am

I am referring to some people that do not understand what Financial Technology is, some company locally or overseas come to Indonesia that label themselves as FinTech, but in reality they are not. ​ I want to focus specifically to company that use MLM Model, if you are not familiar with MLM, just watch this video [https://www.youtube.com/watch?v...

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AIR-Q Insuretech Conference - Actuaries, Insurance, Risk and Quants Society
May 01, 2019 02:26 am

...global basis. The Theme of the Conference is Insuretech (Fintech in Insurance). Speakers and panel will be discussing how financial technology has and is continuously impacting the Insurance Industry on a global basis.

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Acting for Solicitors – A Guide for Reporting Accountants | Legal Support Network
May 01, 2019 02:26 am

Accounts Rules. Allen & Overy has appointed fintech specialists from Nivaura as entrepreneurs-in-residence, to help support and mentor the tech companies which will be selected to work in Fuse, Allen & Overy’s new tech innovation space based in its London offices. Jalubro Consulting Limited (JCL), an IT services, business solutions and consulting firm...

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Attractive proposition
May 01, 2019 02:20 am

...by falling loan yields in 2017 and 2018 and growing risk cost during the same period, the attraction of the unbanked ‘mass’ segment in Vietnam remains alluring,” Mr. Long noted. “In the fintech space, the focus of new investment continues to be e-payments, though in our opinion it’s still very early days in picking a winner in this space.” Foreign...

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Ward Hadaway Greater Manchester Fastest 50 Announced
May 01, 2019 02:11 am

. Proseal UK Limited, Adlington Proseal are a manufacturer of tray sealing machinery for the food industry. They also appeared in the 2016 and 2018 Fastest 50 lists. Quint Group, Macclesfield The Quint Group are an operator of fintech businesses with a presence in the USA, Poland, China, South Africa and Australia. This is the second year in a row they...

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PRESS ROOM: Advance Financial Continues West TN Expansion | BlackPressUSA | BlackPressUSA
May 01, 2019 02:09 am

By The Tennessee Tribune MILLINGTON, TN — Leading fintech company Advance Financial continued its expansion across Tennessee with the opening of a new store in Millington, the company’s 103rd location. “We look forward to serving and being part of the Millington community,” said Jessica Jackson, Advance Financial Regional Director. “West...

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Buy Square (SQ) Stock Still on the Dip Ahead of Q1 2019 Earnings?
May 01, 2019 02:08 am

Shares of Square SQ have climbed over 30% in 2019 to outpace the S&P 500’s 17% climb and nearly match fellow fintech power PayPal’s PYPL jump, which was driven by its recent quarterly earnings beat. Despite the climb, Square stock still has plenty of runway before it comes close to its 52-week highs. With that said, let’s see if investors should...

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Hunter Maritime Acquisition Corp. Filed 2018 Annual Report On Form 20-F
May 01, 2019 02:06 am

BEIJING, April 30, 2019 (GLOBE NEWSWIRE) - Hunter Maritime Acquisition Corp. (Nasdaq: HUNT) (the "Company" or "Hunter"), a fintech company located in China, which is primarily focused on connecting investors and borrowers and providing multi-scenario investment analysis to platform users to meet their diversified investment needs, today announced...

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Technology May‑rathon 2019
May 01, 2019 02:05 am

...construction but will include events on the following topical tracks: 21st Century Workplace Artificial Intelligence and Automation Fintech Global Commerce Medtech, Digital Health, and Life Sciences Privacy, Cybersecurity, and Big Data Regulating Tech Please check this page frequently for updates and additions to our program. Register below for Technology...

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Countrywide’s new pay chief takes over as share pri...
May 01, 2019 02:05 am

... Countrywide has named a senior businesswoman as chair of its controversial remuneration committee which was at the centre of a row last year over executive pay. The new chair is to be Natalie Ceeney, who takes over the role today. Ceeney currently leads an independent strategy consultancy practice and chairs a not-for-profit FinTech...

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India dethrones China to emerge as Asia’s fintech funding hub in Q1
May 01, 2019 02:04 am

At a time when risk capital investors are increasingly evincing interest in India’s sunrise fintech sector, they are tightening their purse strings in China in the backdrop of tight regulatory oversights put in place to curb online lending practices. Consider this: In the first quarter of 2019, the number of venture capital (VC) investments in...

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Sodinokibi Ransomware Being Installed on Exploited WebLogic Servers – Computer Hunter
May 01, 2019 02:01 am

Events facebook messenger fake news Fashion FBI FCC fiction film Finance financial services fintech fitbit Food food delivery foodtech Ford Foxconn France Newsletter Fundings & Exits Gadgets galaxy note 7 games Gaming gartner Google google cloud platform google home Google Next 2017 Google Play Google-Drive Google-Maps...

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The Unbundling Of Finance
May 01, 2019 02:00 am

...big bank like Chase, Wells Fargo or Bank of America to provide top-to-bottom financial services — checking accounts, home loans, insurance and wealth management. However, fintech startups like Simple, Venmo and Robinhood are allowing people to take control of every individualized aspect of their finances. Beyond giving consumers control and options...

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Uneeqo Inc. (UNEQ) Relocates Offices To Hong Kong
May 01, 2019 02:00 am

HONG KONG / ACCESSWIRE / April 29, 2019 / Uneeqo Inc. ( OTC PINK: UNEQ ), would like to announce that as of May 1st, 2019 its corporate and development headquarters will be relocated to Kowloon Bay, Kong Kong. Hong Kong has become the epicenter in Asia for a market estimated at over 3 billion people for FINTECH and digital payment solutions. As...

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TIMIA Capital Announces First Quarter Financial Results
May 01, 2019 02:00 am

...continue to pay off with record revenue and 218% increase in loan book,' said Mike Walkinshaw, CEO of TIMIA. 'We're seeing an increase in private credit opportunities in the software space as the fintech marketplace evolves and drives more capital towards exciting SaaS companies.' 'We've recently increased our assets under management by 55% through...

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FNZ launches FNZ ChainLink for asset managers
May 01, 2019 02:00 am

...to evolve the nature of managed funds themselves, enabling innovation in how asset managers deliver solutions for retail investors.' Notes: FNZ is a global FinTech firm, transforming the way financial institutions serve their wealth management customers. It partners with banks, insurers and asset managers to help consumers better achieve their...

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Goldman-backed HeadHunter targets Russian IPO in US
May 01, 2019 01:50 am

...through, this will be the first time a Russian company tests the American market since 2013, when fintech firm Qiwi Plc and software developer Luxoft Holding Inc sold shares. Geopolitical tensions following Russia's 2014 annexation of Crimea from Ukraine and later charges of Kremlin interference in the US presidential election have led to escalating...

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Zürich Google Pay startet in der Schweiz
May 01, 2019 01:50 am

Bald würden auch die Credit Suisse mit Prepaid-Karten sowie das Fintech Neon mitmachen, teilte Google am Dienstag mit. Mit dem Startschuss für Google Pay können die Nutzer von Android-Handys via der Kontaktlos-Technologie NFC (Near Field Communication) bezahlen. Bei Transaktionen über 40 Franken muss zusätzlich noch das Telefon entsperrt werden...

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#USA SoftBank makes a huge bet on Latin America
May 01, 2019 01:50 am

...billion. The company was valued at more than $1 billion last year with a $200 million financing. Rappi is among few venture-backed ‘unicorns’ based in Latin America. São Paulo-based Nubank, a fast-growing fintech startup, garnered a $4 billion valuation last year with a $180 million investment. Rappi didn’t immediately respond to a request for...

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Yello Mobile's Online Healthcare Platform Company "Carelabs" Starts Building One-Stop Medical Service, Business News - AsiaOne
May 01, 2019 01:50 am

...innovation with maximizing values of blockchain in its core business areas such as FinTech, AdTech, healthcare, O2O, and media commerce. Since its foundation, Yello Mobile has been leading innovation, keeping pace with the paradigms of the new era, and aspiring to become the pioneers of groundbreaking technology that can lead the Digital Transformation.

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Suite LLC - bobsguide.com
May 01, 2019 01:49 am

Imperial College, White City Campus 80 Wood Lane London United Kingdom W12 0BZ bobsguide connects buyers and sellers of financial technology globally. bobsguide attracts over 70,000 fintech buyers and sellers every month. They come to us for the latest insight from our platform , to source the best suppliers through our fintech product directory...

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BANKEN Dienstag, 30. April 2019 09:07 Schweizer Fintech holt sich EWR-Pass in Litauen
May 01, 2019 01:47 am

Banken > Schweizer Fintech holt sich EWR-Pass in Litauen Finanzwelt im Video Finanzwelt im Video Carlos Ghosn: Ein Opfer von Dolchstössern? Das Land im Baltikum ist bekannt als Anlaufstelle für Fintechs mit Wachstumsambitionen. Jetzt hat ist auch ein Schweizer Fintech eine Lizenz von dorther geholt. Sonect steht bereit für die Expansion in Europa...

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FINANZPLATZ Dienstag, 30. April 2019 15:22 Google fordert die Schweizer Banken heraus
May 01, 2019 01:47 am

...zu nutzen, muss eine Kredit- oder Debitkarte einer der Partnerbanken – dazu gehören Cornèrcard, BonusCard, Swiss Bankers, Revolut und boon sowie das Fintech Neon (mit seiner Emissionspartnerin, der Hypothekarbank Lenzburg) – zur Google Pay-App hinzugefügt werden. Die Credit Suisse ist mit ihren Prepaid-Karten ebenfalls mit von der Partie, wie...

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Resume Advice Thread - April 30, 2019
May 01, 2019 01:47 am

Keep it as "Software Engineer". You don't need to list ranks or special statuses. Ranks are almost always meaningless to the industry at large. Newbies at startups are called "Senior Devs" while everyone and their mothers are called "Vice President" in fintech. A "Junior" dev at one job can be deploying full-stack social media apps, while another...

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Ipswitch Inc. in Burlington, MA
May 01, 2019 01:46 am

...Fintech, Smart-Zahlungen und anderen Finanzdienstleistungen ist der Austausch von Daten noch gängiger geworden. Datenanalysen, Big Data und die resultierenden gezielten Marketing-Aktivitäten – all dies erhöht die Anforderungen an die Freigabe. Eine weitere Branche, die ein primäres Ziel darstellt, ist das Gesundheitswesen. Dort speichern und teilen...

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마이크로게이밍ウ━━〃PKK953 , COM〃━━ご40대 인생설계 - Forum Tenis News
May 01, 2019 01:44 am

...;━〃PKK953 , COM〃━━ぬ월드카지노さfintechぴ발기제
<a href="http://www.ssd367.com/" target="_blank" rel="noopener" class="mycode_url">온라인카지노</a><br />


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Lumx mit Verlust von 8,7 Mio USD - Zusätzlich Goodwill-Abschreiber möglich
May 01, 2019 01:44 am

Group verstärkt in ihren Fintech-Bereich LumRisk investieren. Man habe daher bei der Finanzmarktaufsicht Finma das Gesuch gestellt, von der Regulierung ausgenommen zu werden, hiess es damals. Damit verbunden ist der Abbau einer einstelligen Zahl an Stellen in der Schweiz. ys/yr (AWP)...

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Indiegogo campaign for bizarre Energizer phone with huge battery fails, surprises no one – CNET – Computer Hunter
May 01, 2019 01:41 am

...electric vehicle electric vehicles electronics Elon Musk email Emerging-Technologies encryption end-to-end encryption energy Enterprise Entertainment entrepreneurship Europe european union Events facebook messenger fake news Fashion FBI FCC fiction film Finance financial services fintech fitbit Food food delivery...

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SEC, FTC To Keep Targeting False Advertising, Robo-Advisers - Law360
May 01, 2019 01:39 am

Law360 (April 30, 2019, 7:20 PM EDT) - At a time when fintech firms are facing increased enforcement scrutiny, federal agencies are particularly wary of false advertising claims and inconsistencies in robo-adviser algorithms, officials said Tuesday. Officials from the... Sign up now for free access to this content Enter your details below and...

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Accurate ad targeting relies on creating the right profile
May 01, 2019 01:38 am

...profiling is better. Let’s do a little experiment. What do you make of this profile? Watches Netflix but not regular TV, buys Patagonia and organic groceries. Who do you think this person might be? Millennial cord cutter who works at a fintech start up? How about this one? Listens to the radio daily, lives in a small, rural town and mobile...

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Apple reportedly warning of dangers associated with Right to Repair bill – CNET – Computer Hunter
May 01, 2019 01:37 am

...financial services fintech fitbit Food food delivery foodtech Ford Foxconn France Newsletter Fundings & Exits Gadgets galaxy note 7 games Gaming gartner Google google cloud platform google home Google Next 2017 Google Play Google-Drive Google-Maps GoPro Government GreenTech Hack hackers hacking hamze Hands On Hardware...

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Hull City A.F.C Fansite Forum - www.hullcityforum.co.nr -- Hull City A.F.C Fansite Forum - www.hullcityforum.co.nr -- Hull City A.F.C Fansite Forum » Reserch
May 01, 2019 01:36 am

We have a rich experience of developing secure crypto wallets for different fintech applications. Our crypto wallet development servicesprovide enhanced crypto asset security with cold wallet solutions



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Sonect Gets eMoney License In Lithuania; Alipay Teams With HarkHark For Mobile Orders
May 01, 2019 01:35 am

Australia. Swiss location-based FinTech platform Sonect has obtained an eMoney license in Lithuania, the company said in an announcement. Sonect says it has become the biggest network for cash withdrawal in Switzerland, and it is ready to come to new European markets (as well as those “beyond”). Sonect Founder and CEO Sandipan Chakraborty said in the...

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SoftBank makes an enormous wager on Latin America – TechCrunch
May 01, 2019 01:34 am

...-based Nubank, a fast-growing fintech startup, garnered a $four billion valuation final yr with a $180 million funding. Rappi didn’t instantly reply to a request for remark.

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India unseats China as Asia’s top fintech funding source
May 01, 2019 01:31 am

China’s massive fintech industry took a beating in recent months as the government continued to wind down online lending nationwide, rattling investor confidence. Funding for fintech startups shrank 87.6 percent year-over-year to $192.1 million during the first quarter of 2019, a new report from data provider CB Insights shows. India, which...

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Bank of Montreal launches Technology & Innovation Banking
May 01, 2019 01:31 am

...leads the Technology & Innovation Banking Group. Mr. Salvi has over 20 years of experience in investment banking, private equity and mezzanine financing, emerging payments, partnerships, and strategic investments. He has deep expertise in the sector – having recently led strategic partnerships with FinTech companies for the bank – and his...

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SoftBank makes a huge bet on Latin America
May 01, 2019 01:26 am

...billion. The company was valued at more than $1 billion last year with a $200 million financing. Rappi is among few venture-backed ‘unicorns’ based in Latin America. São Paulo-based Nubank, a fast-growing fintech startup, garnered a $4 billion valuation last year with a $180 million investment. Rappi didn’t immediately respond to a request for...

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Time to Read: 11 minutes
May 01, 2019 01:23 am

Staff through FinHub’s website. Separately, the SEC recently announced the agenda for a FinTech Forum to discuss distributed ledger technology and digital assets. The Forum, which will be held on May 31, 2019, will feature four panels that will focus on topics such as capital formation considerations, trading and market considerations, investment...

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Qatar Financial Centre participates in ‘Qatar Day’ in UK
May 01, 2019 01:20 am

..., QFC said in a statement said on Tuesday. The event focused on asset management, capital markets, Fintech and the cyber security sectors of financial services. QFC CEO Yousuf Mohammed al Jaida took part in one of the panel discussions titled ‘Turning Challenges to Competitive Advantages: Asset Management in the 21st Century’ which covered themes...

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HighRadius Launches AI-Based Cash Forecasting for Treasurers
May 01, 2019 01:20 am

AI-Based Solution Boosts Cash Forecasting Accuracy, Makes Manual Cash Forecasting Using Spreadsheets Obsolete HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company, specializing in Artificial Intelligence (AI)-based autonomous systems for Accounts Receivables and Treasury processes, announced its latest offering – AI-Based Cash...

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Apple iPhone sales drop, but services and wearables offer a boost – CNET – Computer Hunter
May 01, 2019 01:19 am

...electric vehicle electric vehicles electronics Elon Musk email Emerging-Technologies encryption end-to-end encryption energy Enterprise Entertainment entrepreneurship Europe european union Events facebook messenger fake news Fashion FBI FCC fiction film Finance financial services fintech fitbit Food food delivery foodtech...

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SoftBank makes a huge bet on Latin America – TechCrunch
May 01, 2019 01:16 am

...billion. The company was valued at more than $1 billion last year with a $200 million financing. Rappi is among few venture-backed ‘unicorns’ based in Latin America. São Paulo-based Nubank, a fast-growing fintech startup, garnered a $4 billion valuation last year with a $180 million investment. Rappi didn’t immediately respond to a request for...

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Countrywide’s new pay chief takes over as share price hits another low
May 01, 2019 01:15 am

Countrywide has named a senior businesswoman as chair of its controversial remuneration committee which was at the centre of a row last year over executive pay. The new chair is to be Natalie Ceeney, who takes over the role today. Ceeney currently leads an independent strategy consultancy practice and chairs a not-for-profit FinTech organisation...

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