As we enter the new year, many economies worldwide stand on the precipice of recession. The UK has already fallen, with leaders in the EU and U.S. (among others) warning that they, too, may soon follow. Within this context stands fintech. Despite consumer trust in fintech being reportedly low at the beginning of 2022, data […]
SoFi is the first bank to begin ‘Pay in 4’ within the Mastercard Instalments program that began in mid-December. The company said this partnership is only available for eligible members and will slowly roll out to select members. How do permitted members know if they have early access? If you are eligible for ‘Pay in […]
Matt Bodkin Matt is an experienced editorial cartoonist with a demonstrated history of working in the newspaper industry. Strong arts and design professional with a Bachelor of Fine Arts focused in Fine Arts from Long Island University, Southampton Campus. View all posts
This was the year of the breaking blockchain. News ceaselessly broke as blockchain tech failed to replace good old-fashioned human weakness. Consumers went broke, VC funds looked broke, and cryptocurrency companies went broke. In many ways, humanity broke over new technology for the thousandth time. But like the dot-com bubble, the railroad explosion, and a […]
The following is a guest post by Lauren Sartwell and Dat Tran, Klaros Group. Many consumers think of Buy-Now-Pay-Later (BNPL) as a new product, but the concept has been around for over 150 years, starting as “installment plans” and “layaway” programs. BNPL shot to prominence during the Coronavirus pandemic, capturing the attention of consumers, media, […]
As we reflect on 2022, we want to take a moment to thank you for being a part of the Fintech Nexus community. We appreciate the trust you have placed in our team to provide you with the essential knowledge, connections, and inspiration you need to navigate the entire financial services industry. We can’t wait to […]
Matt Bodkin Matt is an experienced editorial cartoonist with a demonstrated history of working in the newspaper industry. Strong arts and design professional with a Bachelor of Fine Arts focused in Fine Arts from Long Island University, Southampton Campus. View all posts
XP, the Robinhood of Brazil, became increasingly popular in Brazil over the past decade as it offered retail investors an alternative way of allocating savings. Since its founding in 2001, it has escalated from a small startup offering financial education courses to a multi-billion-dollar company and one of the most disruptive firms in the Brazilian […]
Ecuadorian fintech AltScore, which provides B2B lending infrastructure, recently announced it had raised $3.5 million in seed funding. The firm, founded by Andres Perez and Mateo Semerene, plans to use these resources to boost its integrated credit platform in Latin America. The round was led by Far Out VC, with participation from Caffeinated Capital, Techstars, […]
Syncfy, the open finance platform focused on Latin America, announced the closing of a $10 million seed round. The round was led by Point72 Ventures and included contributions from JAM Fund, Ausum Ventures, Avalancha Ventures, FJ Labs, MANTIS Venture Capital, and XBTO Humla Ventures. In addition, angel investors who joined the round included Tether co-founder […]