It claims to be Japan’s second “unicorn” in the tech sector: the Bitcoin exchange Liquid.com. To get the metaphorical status of a “unicorn”, a company has to fulfill two conditions: First, it must be a start-up; second, there must be a valuation of one billion dollars. Liquid.com meets these requirements,…
Comments closedMonth: April 2019
Fintech has acquired the banking company Penta, which was only launched at the end of 2017. The model of Penta is reminiscent of N26, but is clearly geared towards business customers. That was quick: Just in December 2017, the digital bank Penta went to the start and was able to…
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Since a little over four years ago, banking in Peru is going through a process of digital transformation, seeking to bring financial services closer to customers, taking advantage of available technologies. In this sense, El Comercio together with Telefónica and Wayra organized the second edition of the CEO Summit Open…
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One of the many Cologne startups that deserves more attention is the young InsurTech mailo. The startup positions itself as an “insurer for self-employed, entrepreneurs and freelancers”. “The working world of the 21st century is fast, digital, flexible. And that’s exactly how we want to assure you. Whether a blogger,…
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Five women and four men form the new management team of the online marketplace Shpock. In addition, the structure of the company was changed. The online marketplace Shpock has restructured and in early April presented the new management team around the Spaniard Esteve Jané. The company’s new management team is…
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Katharina Schneider, financial correspondent of Handelsblatt, answered some questions about fintech. Who are you and what are you doing? My name is Katharina Schneider and I am a journalist. After my studies (economics and politics) I started quite fast at Handelsblatt in Düsseldorf. For four years I have been working…
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Open innovation involves opening the innovative processes of a company to many types of information and contributions from abroad. In that direction, the Peruvian financial system has become an example and a reference of what can be achieved from its relationship with ‘startups’, ‘fintechs’ and ‘insurtechs’. The evolution of this…
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Consumers in Germany, according to retail giant Rewe, are still reluctant to order fresh food on the internet. “The area is growing more slowly than many experts assumed,” said Jan Kunath, responsible for the digital business at the Cologne Group, on Wednesday. The development is not as dynamic as it…
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The Swiss fintech industry continues to grow, while the traditional banking sector continues to stagnate. Swiss fintech industry continues to grow In particular, the development of the fintech industry and the classic financial industry in 2018 were the focus of the investigation. Above all, the positioning of classic banks vis-à-vis…
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In the framework of the second edition of the CEO Summit Open Innovation, the main banks of Peru expressed the importance of betting on open innovation hand in hand with the fintech. The central theme of the meeting was “Open Innovation in Financial Services and Banking” and reflected on the…
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