The path of a financial startup to profitability is long and difficult: the development of new applications is time-consuming. In addition, there are expensive marketing measures to reach a critical mass of users. Collaborating with established banks on an open platform can help. The fintech scene is facing a new…
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In the business world, five years is a lifetime, but in the technology sector, five years is an eternity. The Busconomic banking product comparator has managed not only to resist a five-year period as a company but also to gain a foothold in a sector with such difficult competition as…
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Nobody can deny that money is something vital in our lives: it allows us to travel, create companies, invest, or buy assets, among many other things. And that is why a new way of understanding banking is being developed as we know it today, and as it always was: neobanks…
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Sleep.Ink has received a small amount of millions from several investors. The former shareholder Atlantic Food Labs has once again invested money in the Berlin sleepwear manufacturer and now holds 30 percent. New are the pharmaceutical company Dr. med. Kade and the VC arm of dietary supplement manufacturer Döhler, who…
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The early movement in the reactivated dormant Bitcoin (BTC) wallets in 2019 indicate that prices may soon see some bearish movement, according to analysts. According to Bloomberg’s data analysis compiled from research by a crypto analytics startup — Flipside Crypto, BTC is being transferred from accounts, many of which have…
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Bank credit to small and medium enterprises (SMEs) does not live its best moment. After reaching its peak in 2014 (when the business portfolio stood at 25.3%, including microenterprises), it has been decreasing until reaching 17.7%, according to figures from the National Banking and Securities Commission (CNBV) to November 2018.…
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Overregulation in Ukraine has been reported to prevent the crypto currency industry from developing further in the country. This is clear from a comment by an employee of the Ukrainian Central Bank (NBU) to the local crypto news platform LetKnow on Tuesday, 8 January. Mikhail Vidyakin, director of the strategy…
Comments closedThe information of the second edition of the Fintech report in Southern America 2018, developed by the IDB and Finnovista cannot be more positive: 1166 Fintech startups have been identified in the region, reflecting a 66% growth since the first measurement in 2017, year in which 703 companies were identified.…
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Currently there are several projects that can finance entrepreneurs Santiago Zavala grew fully aware of the difficulties faced by entrepreneurs. He saw his parents start a series of small businesses in Mexico City and learned a fundamental lesson: the success of any company depends on having a partner that offers…
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Bank Vontobel has already distinguished itself as a crypto-bank. Now, the technology could also cause upheaval in investment banking. Zürcher Bank Vontobel relies on technology to further meet the needs of its customers. The in-house platform for structured products has made the stock exchange practically obsolete in this area since…
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