Technological giants such as Amazon, Google, Facebook and Alibaba have an advantage over traditional financial technology companies (fintech) by having unlimited user information and capital, which allows them to compete strongly, the Financial Stability Board (FSB) said, which stands for its acronym in English. In the analysis “FinTech and the…
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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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Bitwala reports just a few weeks after its launch (December 12) that customers have already traded bitcoins worth one million euros through the platform. FinTech takes advantage of SolarisBank’s services and acts as “Europe’s first blockchain banking provider” to score with a “great user experience, top price-performance ratio, tight spreads,…
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About a year and a half after the launch N26 ended its investment offer for now: So far, German bank customers could invest their money through the Robo-Advisor Vaamo in so-called ETFs. This partnership has been stopped for the time being, as Vaamo founder Thomas Bloch confirmed on demand. The…
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Economic and cultural factors are some of the elements that must be worked on. Both KPMG and EY have faith that Chile can become a leading development leader in Latin America in this area. Mauricio Martínez de EY points out that today the country “has a strategic position with respect to…
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The peculiarity of our blog is from time to time so far little-known, to take young Chinese brands under the microscope and to present interesting products of these startups here. This time not a smartphone but a laptop. In recent years, even renowned computer manufacturers have had a hard time…
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Spring Labs, the new blockchain company based in the United States, announced that sixteen Fintech companies had joined its partner program before the launch of its Spring Protocol in a press release on January 17. Spring Labs, which raised $ 15 million in funds last year, aims to launch anti-fraud…
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Lime should collect media reports in a new round of financing $ 400 million. Two years after launch, the e-scooter startup would be worth about two billion dollars. The competing e-scooter startups Bird and Lime are among industry watchers, among the fastest growing companies of all time. According to Bird,…
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The German company Evonik acquires the American technology start-up for 3D printing materials Structured Polymers Inc., based in Austin, Texas. A corresponding purchase agreement and takeover plan have been signed and the transaction has recently been completed. The acquisition gives Evonik access to a new patented technology that will enable…
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Startup-portrait. The furniture startup LUN by Theresa Horn and Mike Knoll specializes in modular furniture that “grows” with the needs of families over the years. With their sustainable business idea, the founders want to set a counter-trend to “disposable furniture” and “fast furniture”. The idea for LUN sprang from painful…
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