In November 2018 the Uruguayan fintech Bankingly (owned by Inforcorp) specialized in digital financial services had obtained US $ 5.25 million from Elevate Equity (Indian funds) and from The Rise Fund (one of the largest in the world) from which part the Irish musician Bono, vocalist of U2. Raise Equity…
Leave a CommentMonth: February 2019
Smartphones have changed the way people pay thanks to platforms like Google Pay. However, our mobiles can also help us to save and control where our money goes each month, through financial applications that allow us to keep an exhaustive control over the expenses made, and the savings achieved. There…
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They tell us that disagreements have begun between financial technology companies, better known as fintech, and Banco de México, by Alejandro Díaz de León. After having celebrated the terms in which the Fintech Law was approved, the only one of its kind in Latin America and which seeks, among other…
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The current prices in the crypto market may not be a sign of huge changes, but behind the scenes, this industry is going through a new, evolutionary period. Particularly the sector of crypto lending, an industry that is still unknown to many HOD teachers. Co-founder and CEO of YouHodler, Ilya…
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There was much negative talk this week over JPMorgan’s launch of JPM Coin. Timo Schlaefer, CEO of Crypto Facilities, for instance, commented that, “JPMorgan continues to get it wrong. Using blockchain to run a closed network is like wearing a designer suit to wash your car.” But that is shortsighted…
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With Zenkit software, companies should be able to organize everything at the same time. The founders are planning no less than a better SAP. But is there an investor for that? Their most valuable collaborator is an alien, whenever Zenkit founders Martin Welker and Peter Oehler present their mascot Asmo…
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Technological giants such as Amazon, Google, Facebook and Alibaba have an advantage over traditional financial technology companies (fintech) because of having unlimited user information and capital. It allows them to compete strongly. In the analysis FinTech and the structure of the market in financial services, the agency explained that large…
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The price, key in the evolution of neobanks such as Bnext, Revolut and N26. Giants such as Tencent or the sovereign fund of Singapore support these projects. They still do not generate profits, they do not carry out mass advertising campaigns and they do not provide a catalog of services…
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This initiative of European scope and 100% Spanish capital, has a decentralized character and “works for and for the client” The client, besides being able to subscribe the best product or service and not pay commissions, captures the value generated by himself and the community as a whole In the…
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To date, the relationship between traditional financial institutions and fintech companies seems to be more complementary and cooperative than competitive. However, the big technology, bigtech (such as Google, Amazon, Facebook and Apple), which have already begun to venture into financial services in certain jurisdictions, could represent a greater competitive impact.…
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