Here is our pick of the 3 most important stablecoin stories during the week. Stablecoins or CBDC, do we need both? This week we heard a lot about the progress of CBDC’s but also people are starting to realise that they will have to compete with their nimble cousins the private company issued stablecoins. But first, […]
A fast-growing ecosystem, Brazil’s fintech sector will likely face increasing cybersecurity costs in the coming years as digitization moves forward. By almost every measure, the evolution of digital banking in Brazil during the pandemic years has been massive. Throughout the country, fintechs have included millions in the financial system. The quick adoption amid lockdowns […]
A week after halting customer withdrawals, BlockFi said Monday morning it is filing for Chapter 11 bankruptcy. In the press release, the firm blamed FTX outright and said the restructuring would help them recover funds stuck in the other bankrupt exchange. According to a public Petition from investors, BlockFi owes a $275M unsecured loan to […]
SuperFi believes they are needed now as the UK faces a consumer debt crisis on an unprecedented scale. The company is a fintech in the United Kingdom that provides personalized debt support sooner to help people achieve debt freedom faster. It uses open banking technology and proprietary algorithms to analyze the customer’s financial situation and […]
Several neobanks have grown in size in the past few years, catering to underbanked Latin Americans. Boosted by digitization amid the pandemic, many have succeeded in building a solid customer base, providing essential financial tools for millions of adults in the region. But beyond individuals, financial inclusion has yet to reach another segment that has […]
Cion Digital’s new Advisor Lending Platform connects wealth professionals and firms with lenders in a more efficient process than was previously available. They also now offer their product suite to a more significant portion of the financial services and retail sectors. The Advisor Lending Platform automatically produces a range of loans from participating lenders that […]
Brazilian financial solutions and payment terminal fintech Saque y Pague announced that it would invest $50 million to expand its operations in Latin America. The company, which has a presence in more than 500 Brazilian cities and already has operations in Colombia and Mexico, will seek to strengthen its regional network and install 2,000 of […]
“In this world, nothing is certain except death and taxes” – while perhaps this quote is now a cliche, Franklin had a point. Every year, the American public fills out their tax returns in their droves. Tax day happens like clockwork, with all its challenges. Despite its inevitability and the great leaps in American tech, […]
More are calling for increased crypto regulation in light of the ongoing FTX debacle. Centralized crypto exchanges are particularly under fire, with many seeing their lack of regulation as a significant facilitator of fraudulent activity. Bitpanda has been a major player in the European fintech landscape and became Austria’s first unicorn last year. Earlier this […]
A year ago, the BNPL industry faced its highest corporate valuations yet. A splurge of BNPL blew up the news cycle as the payments industry faced a possible credit card challenger. Yaacov Martin, CEO of Jifiti, Today, the world looks different, but as industry experts reported, banks are still onboarding BNPL tech, despite an 85% […]