VCs from Accel and Softbank Talk Europe’s Startup Scene & What They Expect in 2020
f you haven’t noticed, Europe’s startup scene is in full bloom, with more than $30 billion deployed in startups across the continent over the last 12 months and more than 20 countries now home to a so-called unicorn company.
Where to Look for Genuine Fintech Innovation in 2020
2019 has been an outstanding year for the Fintech and the financial services industry in Luxembourg. Agility, access, engagement, and diversity are some of the characteristics that place Luxembourg at the beating heart of the EU financial services sector and the perfect environment for Fintech innovation. Looking at 2020, here are the 5 Fintech perspectives to check.
Five Fintech Predictions For 2020, According To Kleiner Perkins
Monica Desai Weiss is an investor at Silicon Valley venture capital firm Kleiner Perkins, where she focuses on fintech and blockchain. Forbes spoke with her about the past year in fintech and her top predictions for 2020. The conversation has been edited for brevity and clarity.
The biggest trends in African tech, startups and innovation 2019
The trend of the global financial service companies investing in African fintech businesses continued this year. Card giants Visa co-led a $170 million investment Series C round in Branch in April and also invested $200 million for a 20% stake in Nigerian payments processor Interswitch, confirming the company’s status as Africa’s first fintech unicorn.
Saudi Arabia Could Be on the Brink of a Fintech Revolution
The past 12 months have contained some momentous landmarks for Saudi Arabia’s financial sector, from the inclusion of the kingdom's stock market into the MSCI Emerging Markets Index to the continuous strong demand for its sovereign debt bonds and Saudi Aramco’s record-breaking initial public offering earlier this month.
CATAPULT: Inclusion Africa 2020 - Applications open until January 15th!
Building on the success of the 2018 edition of CATAPULT: Inclusion Africa, the second edition of this unique program of Fintech startup development is coming in March! Developed by the LHoFT Foundation, the program targets companies focusing on financial inclusion in Africa, aiming to build bridges between Africa and Europe, highlighting their initiatives and very much aligned with the sustainability goals of Luxembourg’s finance centre.
Razer Fintech Leads Consortium in Digibank Bid
A consortium including Razer Fintech and Sheng Siong's founders has submitted an application for a digital full-bank licence in Singapore, focusing on the "underserved youth and millennials segment" for the bid, gaming lifestyle brand Razer Inc said in a statement on Thursday.
JPMorgan to Ban Fintech Apps from Using Customer Passwords
JPMorgan Chase has vowed to ban fintech apps from using customer passwords to access their bank accounts, forcing tougher security standards some three years after chief executive Jamie Dimon first warned about the dangers of data-sharing.
Deutsche Börse Joins Forces With Fintech to Launch DLT Platform
Deutsche Börse and Luxembourg-based fintech HQLAx have launched a jointly-developed distributed ledger technology (DLT) product designed to enable frictionless collateral swaps in the securities lending market.
Jack Ma’s Ant Financial Seeks Digital Banking License in Singapore
Billionaire Jack Ma’s Ant Financial has applied for a digital banking license in Singapore, as China’s largest online financial platform steps up efforts to expand outside the mainland.