Revolut, Monzo, Starling, Atom and TransferWise are part of a new generation of financial businesses that operate exclusively through mobile and have become indispensable for young British people. In London, it’s becoming weird to see a Millennial pay for a flat white, the trendy café in the city, with a…
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200 million francs to celebrate its 200th anniversary: The Swiss bank Credit Suisse announced on the anniversary of its founding father Alfred Escher that it will invest more in venture capital than before. Instead of the currently estimated 130 million francs, future 200 million francs will flow into various fields…
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BBVA has proven that the alliance between banking and ‘fintech’ favors digital solutions. “As a bank, we have a very close relationship with the ‘fintech’ ecosystem, which generates positive results always aimed at our customers. With the alliance between banking and ‘fintech’, we gain agility and they gain experience to…
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The price, key in the evolution of neobanks such as Bnext, Revolut and N26. Giants such as Tencent or the sovereign fund of Singapore support these projects. They still do not generate profits, they do not carry out mass advertising campaigns and they do not provide a catalog of services…
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From its experience, BBVA has proven that the alliance between banking and ‘fintech’ favors digital solutions. “As a bank, we have a very close relationship with the ‘fintech’ ecosystem, which generates positive results always aimed at our customers. With the alliance between banking and ‘fintech’, we gain agility and they…
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There was much negative talk this week over JPMorgan’s launch of JPM Coin. Timo Schlaefer, CEO of Crypto Facilities, for instance, commented that, “JPMorgan continues to get it wrong. Using blockchain to run a closed network is like wearing a designer suit to wash your car.” But that is shortsighted…
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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…
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Cryptocurrency companies that do not want to convert their shares to fiat can now pay for legal services with Bitcoin Cash (BCH) or Bitcoin Core (BTC) with Atrium. The corporate law firm, which has helped more than 300 startups to raise more than $ 500 million in venture capital, now…
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A worldwide phenomenon is the emergence of Fintech Startups, which have been considered the “ultimate bak disruptor” by large companies such as JP Morgan, meaning that they manage to challenge the financial monopoly of banks. However, a phenomenon that is occurring in the United States is the rebirth of small…
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In November 2018 the Uruguayan fintech Bankingly (owned by Inforcorp) specialized in digital financial services had obtained US $ 5.25 million from Elevate Equity (Indian funds) and from The Rise Fund (one of the largest in the world) from which part the Irish musician Bono, vocalist of U2. Raise Equity…
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