Hot News
Brazil’s central bank authorises business payments on WhatsApp
The Central Bank of Brazil approved business payments via Meta’s WhatsApp on March 2, three years after the company found its cryptocurrency ambitions halted by US regulators.
Revolut reports first full year of profit
The all-in-one fintech app Revolut has released its annual report for 2021. While 2021 ended more than a year ago, this report includes some significant figures as the company nearly tripled its revenue between 2020 and 2021. Because of this explosive growth trajectory, the company reached profitability for the first time.
Alleged security breach leaves millions of dollars missing from Flutterwave accounts
Last month, African fintech Flutterwave was involved in a hack that resulted in over $4 million missing from its accounts.
UK fintech Railsr to be sold as issues mount
UK-based embedded finance company Railsr is close to being sold via an insolvency process as it faces regulatory and financial issues, reported Bloomberg, citing sources.
Smart lending fintech Abound raises £500 million
Abound, a UK-based fintech that uses a combination of open banking and artifical intelligence to offer better loan deals to consumers, has raised £500 million in a mixture of debt and equity finance.
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ᐅ German FinTech Report: Study (2023) | Contextual Solutions
Contextual Solutions and FinTech Consult were commissioned to prepare a report about the German FinTech ecosystem in Q3 2022 on behalf of the Netherlands Enterprise Agency (RVO) and the Netherlands Business Support Office (NBSO) Frankfurt am Main.
The study uses unique market insights, research, and interviews with German FinTech stakeholders while shedding light on the whole ecosystem.
Top Articles
Banking As A Service: What Are The Risks And Who Owns The Customer?
Embedded finance—where non-chartered companies like fintechs and consumer brands provide financial services from chartered financial institutions—is projected to reach $7 trillion in transaction value by 2026.
The Days Are Numbered for Greenwashing in Fintech
Despite a desperate drive to deliver positive, genuinely sustainable outcomes, the greedy act of greenwashing remains an all too prevalent issue in the fintech and wider financial industry.
Nu Holdings: I'm Buying Buffett's FinTech Play
Nu Holdings is a crypto-friendly bank operating in Brazil that's growing at a fast click and also increasing profitability. Find out why I'm bullish on NU stock.
A Floundering Fintech’s Risky Reboot
With star backers like Leonardo DiCaprio and a planet-friendly mission, neobank Aspiration reached a valuation of $2.3 billion in 2021. Then growth stalled and its SPAC deal was delayed. Now it's hawking its services in the dubious carbon credits business.
The Problem With Letting Market Momentum Determine A Startup’s Valuation
Early-stage startups are — in theory — fairly well insulated from macroeconomic conditions, being many years away from exit and serving niche market segments. So why have their valuations been knocked around so much?