Non-Fungible Tokens or NFTs. A relatively alien concept to many until last year’s boom. With skyrocketing valuations and celebrity interest, digital assets soon became the “cool” investment option. And their volatility just seemed to fuel their intrigue. However, 2022 spelled the downturn of the NFT gold rush. Since January 2022, the market has seen a […]
The Argentine embedded finance startup Menta — which offers solutions for companies to develop their payment and finance systems — raised a $6 million round led by Silicon Valley fund Base 10, in which funds such as Pear VC, Matterscale, and Gilgamesh also participated. These funds had already relied on Menta in its pre-seed round […]
Throughout history, many events have taken place on October 31st, but I think time will show that the most significant event was the release of Bitcoin’s whitepaper by Satoshi Nakamoto. Last Monday, Bitcoin turned 14. Bitcoin was not the first attempt to create digital money. Like many other innovative technologies, Bitcoin stands on the shoulders […]
There was a spate of negative fintech news this week. We had significant layoffs from two of the largest fintechs in the country, Stripe and Chime and Coinbase reported miserable Q3 results. A couple of legal issues in the news were Custodia’s Bank lawsuit against Fed and Coinbase is coming out in support of Ripple’s […]
Venture capital investments into LatAm fintech startups dropped further in the third quarter of the year, following a sharp reversal in global markets that drove investors away from assets generally perceived as risky. Following the rise in interest rates, inflows into the regional sector have fallen substantially from record levels last year. Despite the swift […]
Lama AI, an intermediary SMB lending exchange for banks, announced a $9 million seed round led by Viola Ventures and Hertz Ventures. Lama AI’s technology empowers banks, fintechs, and other industry players to tap into the fastest and most efficient access to bank-rate credit opportunities, including term loans, lines of credit, ABL, factoring, letters of […]
LAS VEGAS, Nev. — During the last fintech bull run, no phrase was thrown around with more weight or treated with as much caution as “super app.” Known in Chinese tech markets as an entire lifestyle all under one icon, super apps like Alipay and WeChat offer everything from rideshare and grocery shopping to complex […]
The most interesting use cases for DeFi are still being discovered. But tokenization of real world assets, or anything that has an income stream associated with it, is starting to take shape. And there are blockchains being built today with digitization and tokenization of assets as their core use case. John Wu of Ava Labs […]
Innovation or rip offs in the UK mortgage market? There are a lot of products in the UK mortgage market as rising interest rates have comme d’habitude caused panic among those who should know better. One mans panic is another ones opportunity and some interesting deals involving all kinds of clever tricks with interest […]
Drawn by the rapidly expanding digital ecosystem, global players have increasingly focused on Latin America’s most populous economies as markets with high growth potential. The fast digitization of Brazil, in particular, has led both fintech and traditional foreign companies to devise expansion strategies to serve the underbanked. Most recently, Western Union, the U.S. money transfer […]