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A few days ago, Facebook announced what will be its own cryptocurrency, Libra. And with it also its digital wallet option, Calibra. For Libra to become a reality from next year, Facebook has partnered with 28 major companies, among which there is no traditional banking partner, forming the Libra Association,…
N26 has announced that it intends to expand to Brazil and Pibank has become the first Spanish entity that allows you to change the pin of your cards by mobile. In addition, Openbank has launched a new promotion with which you can get 40 euros to spend on Amazon and…
Thanks to excellent conditions, the fintech industry in Switzerland is growing dynamically, as a study shows. She finds clear words on the prospects for the banks: further development or irrelevance. Martin Hess is Head of Economic Policy at the Swiss Bankers Association The Institute for Financial Services Zug (IFZ) notes…
In the face of the critical sociopolitical situation that Venezuela is going through. You might believe that it is a difficult task to consider the possibilities of financial technology have an opportunity to reflect with Empresas Fintech in Venezuela. However, surprisingly in our country it is not so difficult to…
How do millennials tick? This question is as good as any financial institution worldwide these days. It is clear that digital natives have different needs and values than their parents. But which? An anecdotal inventory. It is one of the slogans of our time: the Millennials On the one hand,…
Once the German online payment service provider was more valuable on the stock market than the Deutsche Bank. The supervisory authorities are now considering Wirecard. Which also operates in Switzerland, as the trigger for a conflagration and are stepping in. This has never happened before. The Federal Financial Supervisory Authority…
The financial sector and the financial and insurance companies with a technological base (“fintech” and “insurtech”) believe that if the creation of the “sandbox” is not approved, Spain will lose the opportunity to become a reference center for testing the most innovative products. This has been assured to Efe the…
Frankfurt Blockchain startup Agora Innovation secures a high six-digit investment from High-Tech Gründerfonds. High-Tech Gründerfonds is investing a high six-figure sum in the Frankfurt blockchain startup Agora Innovation GmbH. Frankfurt Fintech Agora Innovation develops software for legally compliant financial transactions at Blockchain. Fintech Agora Innovation secures Seed-Investment from High-Tech Gründerfonds…
The company behind cryptoactive XRP Ripple, reported that five new financial platforms will start using cryptocurrency to make cross-border payments. The startup highlighted that JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank will use XRP to “obtain liquidity” and “send payments on behalf of their clients”. Ripple also announced that…
At a time when many banks are looking to invest in fintech companies, open banking fintech Raisin is taking the road less traveled by buying MHB Bank of Frankfurt. Its longtime service bank. Raisin operates an online marketplace for savings and investments across Europe hoping to grant wider access to…