Archive for the ‘FinTech’ Category

Fintech Trends – How Belgium and Japan Resemble & Differ

Numerous articles compare different European countries or compare Europe and the US when it comes to financial regulation, the IPO market or the types of FinTech applications that are easily adopted (or not) by the public. Simont Braun decided to take a look in a different direction and together with the Japanese law firm Keiwa […]

Don’t cut up your credit cards yet — or sell MasterCard, Visa and AmEx

The demise of the credit card is greatly exaggerated. Yes, companies like Square and PayPal, which owns Venmo, are red hot — especially with millennials. But the stocks of American Express, Visa and MasterCard have all hit record highs in the past week. It’s easy to dismiss these credit card companies as financial endangered species, […]

Irish fintech player PFS hits €50m revenues and eyes potential IPO

Fast-growing fintech company Prepaid Financial Services (PFS) has just recorded its 10th consecutive year of returning record profits. The company, which has operations in Navan and London, has reported that revenues have hit more than €50m and EBITDA (earnings before interest, taxes, depreciation and amortisation) of €6.2m. The company’s solutions include e-wallets, physical and virtual prepaid cards and […]

DifferentFunds Launches the First Platform Built for Investing in Venture Funds

DifferentFunds, Inc. announced the launch of their venture investing platform. The platform enables qualified investors to review a variety of available funds and make investments through the platform. The team at Different aims to make venture investing easier, more efficient, and more engaging for Accredited investors and large institutions alike. The Different team brings extensive experience […]

SA fintech JUMO closes $52m round led by Goldman Sachs

SA fintech JUMO announced the close of an equity funding round of $52-million led by Goldman Sachs. Also participating in the round were Proparco, the private sector financing arm of the French Development Agency, Finnfund, Vostok Emerging Finance, Gemcorp Capital, and LeapFrog Investments. The startup’s platform helps facilitates digital financial services such as credit and savings in […]

Lagos to host Biannual Africa Fintech Summit for the first time in November

The Africa Fintech Summit will be held for the first time in Lagos, Nigeria, on November 8-9, 2018. The Summit, organized by Dedalus Global, gathers innovators, investors, policy makers and other key stakeholders in the Fintech sector to discuss technologies transforming finance on the continent, debate regulatory policies, compare best practices, and forge new ventures. The two-day event […]

3 Top Fintech Stocks to Watch in September

The real beauty of fintech stocks is that they give you exposure to themes in the financial industry without the inherent risk of traditional financial businesses like banks and insurers. Plus, because they’re service or software businesses rather than risk takers, a fintech company’s growth isn’t limited by its balance sheet. Few banks could ever […]

Global Islamic FinTech Summit 2018 – Kuala Lumpur

The world’s 1st Global Islamic FinTech Summit 2018 will be held on 18th and 19th September 2018. GIFS will highlight how FinTech is the key to capturing the next generation of Islamic digital economy customers. Featuring regional and international leaders in FinTech and Islamic finance, the event will include keynote sessions, key stakeholders, regulatory panels […]

New York sues U.S. to stop fintech bank charters

New York state’s top banking regulator has sued the federal government to void its decision to award national bank charters to online lenders and payment companies, saying it was unconstitutional and put vulnerable consumers at risk. Office of the Comptroller of the Currency spokesman Bryan Hubbard said in an email that the regulator, part of the […]

Finhaven raises $6.6 million Series A to build tokenized securities exchange

Finhaven has raised a $6.6 million CAD Series A round. The funding was led by Dunamu & Partners, with participation from Lanebury Growth Capital Ltd., Medici Leading Enterprise Fund, TheVentures, and two unnamed individual investors. Finhaven is building a tokenized global securities exchange supporting the issuance and investment of digital securities, and providing a marketplace […]