Solvento, a Mexican fintech focused on financing small and large transport companies and a pioneer in this sector in Mexico, recently announced a $5 million seed investment. U.S. fund Ironspring Ventures led the round, in which Quona Capital, Proeza Ventures, Dynamo Ventures, Zenda Capital, Susa Ventures, 9yards Capital, and Supply Chain Collective participated. A group […]
In the declining European economy, teetering on the edge of recession, some say fintech could be the answer to its woes. However, performance varies wildly between the countries, and Spain possibly isn’t the first place that comes to mind regarding Europe fintech. Despite holding one of the largest economies in Europe and its capital recognized […]
On Nov. 9, Fintech Nexus partner TOKEN2049 will be in London after a similar and successful October event broke records in Singapore. As one of the rise-and-coming major crypto hubs, Singapore hosted a diverse crowd of crypto lovers, with over 7,000 attendees and 2,000 companies represented. TOKEN2049 said it was the most significant event in […]
The rise of Chinese fintech in the 2010s is one of the most exciting and intriguing stories in all of fintech. This has been followed in this decade by a government crackdown on fintech and technology more broadly. But everyone should understand the innovations that led China to become the most advanced country in the […]
David McDonough,Commonstock Thanks again for tuning into this week’s episode of PitchIt. I sat down with Commonstock’s Founder & CEO David McDonough. Commonstock is a social network that amplifies the knowledge of the best investors, verified by actual track records for signal over noise. David describes it best during our conversation, investing has been democratized, but information has […]
The following is a guest post by Jill Bohlken, Director of Enterprise Sales, PayNearMe. Widespread adoption of mobile payments continued to impact consumer behavior this year, shaping how people handle money – including how they pay their bills. Consumers increasingly use mobile-first payment types to purchase goods and services or pay their friends, so they […]
LAS VEGAS, Nev. — The drive to find no-interest credit options during an economic downtown greatly accelerated Buy Now, Pay Later (BNPL) adoption in the U.S. in 2022, according to data shared by Experian at Money 20/20 last week. The session titled Zero interest. Zero Hassle. Zero Fraud: The BNPL Paradox featured Kathleen Peters, Chief […]
MiCA (Markets in Crypto Assets Regulation) and another law to identify crypto payment recipients have been adopted by the European Union (EU). Following the Permanent Representatives Committee meeting of Oct. 5, 2022, a comprehensive 380-page document was released that explained the policy and future legislation by the European Parliament Committee on Economic and Monetary Affairs. David Carlisle, […]
As rigid, password-based systems lead to more security breaches, they are quickly replaced by real-time biometrics leading to a passwordless future. That transition cannot happen fast enough as identity crimes are rising, Mitek’s vice president of product management Chris Briggs said. Briggs has more than two decades of experience in the industry, including time in […]
LatAm’s biggest digital banking startup, Nubank, recently announced the launch of its first cryptocurrency, Nucoin. With the focus on increasing the engagement of the fintech’s user community, the new product will expand the company’s internal rewards program. Nucoin will be accessible to the bank’s more than 70 million customers on the continent starting in 2023. […]