As announced in November 2018, the German FinTech Deposit Solutions has launched the Savedo platform in Switzerland. After the last round of financing in the summer of 2018, the FinTech and the open-banking specialist Deposit Solutions shines with the proud valuation of about half a billion US dollars. The confidence…
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How fintechs can improve women’s lives IMF head Christine Lagarde discusses the future of fintechs at the industry meeting of financial technology – and emphasizes the importance of regulation. Every year, the world of the future gathers in the 200-year-old Paris stock exchange ‘Palais Brongniart’. With 220 participating company directors,…
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In the industry, foreign currency transfers are part of daily business. So far, the high fees and exchange rate surcharges of the banks are hardly questioned. But now there are cost-effective and secure alternatives: Fintechs offer better conditions, transparent exchange rates and are – as BaFin-regulated – as safe as…
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Technology floods everything and there is not a single corner without the internet being present. In fact, the most valuable companies in the world are technological. Amazon, Facebook, Google, Apple … are just some of the giants that move the “electronic threads” of the world. As an example, the latter…
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Facebook and Google control more than half (57.6 percent) of the digital advertising market worldwide. The Rate Google is a project of reform of the well-known Law of Intellectual Property that forces to pay to the providers of services and news aggregators to link and to show content of means…
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The Federal Reserve is reluctant to grant companies a license that would allow them, like banks, direct access to the Fed’s systems. Among the young technology companies that are active in, for example, payments or lending, consumer protection and risk management left much to be desired, is the criticism of…
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N26, a German startup supported by PayPal investor and co-founder Peter Thiel, has raised $ 300 million in a round of Series D financing. The investment places the company’s valuation at around 2,700 million dollars.The financing round takes place only 10 months after the last and will be used to…
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The account opening takes place on the smartphone and lasts ten minutes. The app is free, domestic and sepa transfers cost nothing. The Swiss start-up Neon wants to offer one of the slimmest and cheapest forms of banking: an account app and a Maestro card. Neon wants to push in…
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A new financial industry born in the digital era Have you imagined a world without physical bank branches, in which all the services could be solved at any time of the day through your smartphone? This reality is getting closer every day thanks to the new online financial products of…
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n China, people use apps like Alipay or WeChat from their smartphones to split accounts into restaurants, invest their salaries with a single click and pay for services. A change in financial lives “Alipay, of Ant Financial, and WeChat, of Tencent, are unique windows that allow half a billion Chinese…
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