Technology and innovation have always been part of the business world, whether it’s the introduction of debit or credit cards in the 1950s or automatic teller machines, electronic trading floors, finance apps, and high-frequency consumption in the following years. The essence behind financial technology changes from project to project, app…
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A few weeks ago, Mercado Libre revealed the results of its operation, corresponding to the fourth quarter of 2018. In this regard, Pedro Arnt, Chief Financial Officer of Mercado Libre, commented, “I am very pleased to report another year of solid performance, through the company’s key business units. A year…
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Finance Minister Felipe Larraín, within the framework of Chile Day in New York, announced that he will present a bill to regulate and supervise FinTech and cryptocurrencies. This is great news. Fintech + tech FinTech is the abbreviation of Financial Technology, and the International Organization of Securities Commissions says that…
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At the beginning of 2019, set the German fintech financing record: the Berlin-based startup N26. A total of 686 million euros of venture capital flowed according to a survey by the consulting firm Barkow Consulting in the first quarter of 2019 to financial startups from the Federal Republic. From January…
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What happens when one of the biggest German financial startups lays down a fat exit – and suddenly the growth-hungry venture capitalists no longer pretend the direction … (sorry, did we say “great”?) Of course, we meant “hungry”? But a listed company, which is also about growth, but on the…
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At the end of the second quarter of 2019, the next capital increase is to be completed. Thomas Niss, founder of Own Standortfonds Austria, wants to lure fresh money with his FinTech. According to Niss they want to raise 8 million euros. From 1 April, negotiations with potential investors are…
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Daura.ch started operations in mid-February. The blockchain solution enables the digital management of share registers. Daura is a joint venture of Swisscom founded in 2018 and Luka Müller, a legal partner of MME. The platform is aimed particularly at stock corporations that were previously not listed on the stock exchange.…
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By 2020 there will be more than 20 billion devices and articles connected to the Internet of Things (IoT); This is detailed in a study conducted by the division of innovation and design of the payment company, Visa, which sees in this figure a great potential to enable everything concerning…
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Many Bitcoin millionaires still hold their Bitcoin assets since the 2017 price increase with the hope of growing in the next bull run of the crypto market. The increase in the price of Bitcoin in 2017 made many of the early adopters feel optimistic and greedy with prices, and those…
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The office of the Commonwealth Secretary of Massachusetts, which oversees the state securities regulator, has formed a fintech advisory group, according to the American Banker banking trade publication on March 7. Reportedly, the office of Secretary William Gavin has formed a group composed of representatives of the Eastern Bank of…
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