ICBA selects first fintechs for new accelerator program Partnerships, UX improvements and speed will drive money transfer in 2019 Brexit...
In an interview with Tearsheet Bradley Leimer, managing director and head of fintech strategy at Explorer Advisor & Capital says companies are underestimating content; most VC’s focus on who can be the next Robinhood or TransferWise when there is plenty of opportunities in the market; companies can use customer data to better educate and better target consumers for a specific financial product; there are a lot of interesting companies in the market who can find their niche to perform and offer consumers more choose. Source.
Companies like TransferWise, Venmo and PayPal have forced banks in Europe to look at creating their own affordable real-time payments service; the idea is in the early stages but it shows the effect that fintech players can have on the traditional banks; the service would also look to head off the increased competitive threat from open banking which is set to begin in early 2018. Source.
Remittances is a huge business with over $600 billion remitted every year; the fintech startups currently leading are WorldRemit, TransferWise and Remitly; the WSJ breaks down the various offerings as well as the other players in the industry; includes data on the remittance market across the globe and trends in the industry. Source
Marc Roberts is the general counsel for German fintech Raisin and the founding president of the European Fintech Association; while...
VC firm Atomico announced the raising of a new fund, Atomico V, which will partner with mission-driven European founders at...
CNBC has released their 7th annual version of the CNBC Disrupter 50 which consists of startups who have exploited niches...
Sifted shares that women make up around 20% of the total number of fintech executive roles globally; Europe largely lags...
The Chinese fintech market has primarily been dominated by local giants but global firms have started to build a presence...
Hedosophia is not a household name, and that is by design. The fund is one of the most secretive investors...