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Lending Fintech Platform SoFi's Revenue Jumped More Than 55% in Q3
1.11.2022
Nasdaq-listed lending fintech SoFi (SOFI) posted third-quarter revenue of around $424 million, a jump of over 55% from the corresponding quarter a year ago
Mastercard Study: African Fintech Sector Had One of the Highest Year-on-Year Growth Rates in Funding in 2021
1.11.2022
In 2021, African fintech startups accounted for 61% of the $2.7 billion in venture capital funding that was deployed on the continent, a new study has found. While its share of global fintech funding is just over one percent, the continent’s fintech sector still recorded one of the highest...
First Mover Asia: Hong Kong FinTech Chair Praises Crypto Friendly Policy Statement; Dogecoin Outshines Bitcoin, Ether
1.11.2022
Neil Tan said that the statement by the Financial Services and Treasury Bureau acknowledged the importance of retail investors and would help clarify regulatory issues similar to other countries recent frameworks
5,000 miles apart: Thailand and Hungary to jointly explore blockchain tech
31.10.2022
The pact between the two nations' financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries
Tech talent migrates to Web3 as large companies face layoffs
30.10.2022
Web3 companies continue to hire amidst a bull market as tech giants undergo layoffs and hiring freezes
Thailand and Hungary Partner to Promote Blockchain Tech in Financial Sector
30.10.2022
Industry associations from Hungary and Thailand plan to cooperate on implementing blockchain technologies in the financial services sector. The two sides hope to share experience and produce ideas for alternative services as part of their new partnership. Thailand and Hungary Announce Blockchain...
US currency comptroller to up its game with new Office of Financial Technology in 2023
27.10.2022
The OCC said it will incorporate its six-year-old Office of Innovation into a new agency that will help it deepen its understanding of fintech and promote responsible innovation
Cathie Wood’s ARK Fintech Innovation ETF Buys More Coinbase
25.10.2022
Coinbase is now the third-largest holding for ARKF, even as ARK as a whole trims its position in the crypto exchange
Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’
21.10.2022
The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest directly in crypto assets. “We’ve had four years of experience in regulating this...
Finder’s Experts Predict Bitcoin Will End the Year at $21K, Panel Expects BTC to Hit $79K by 2025
20.10.2022
Following the recent xrp and ether prediction forecasts by crypto and fintech experts chosen by the product comparison web portal, finder.com, Finder’s latest handful of specialists have produced a predictions report for bitcoin. The group of 55 Finder’s experts think bitcoin will...
Nubank to launch loyalty tokens on the Polygon blockchain
19.10.2022
Dubbed Nucoin, the token creation process will receive collaboration from 2,000 clients in the following months
Fintech Bill Approved and Ready to Be Sanctioned in Chile
18.10.2022
A fintech bill, which seeks to regulate fintech and cryptocurrency-related activities in Chile, has been approved by the deputy chamber of the congress, leaving it ready to be sanctioned by the president of Chile, Gabriel Boric. According to individuals in the sector, the bill is directed...
Hong Kong to Clarify Crypto Position During FinTech Week
17.10.2022
The authorities of China’s Hong Kong Special Administrative Region are expected to present a policy statement on the development of the city’s digital assets market at the forthcoming Hong Kong Fintech Week event. ...
Read More: Hong Kong to Clarify Crypto Position During FinTech Week
What the Regulators Said at DC Fintech Week
14.10.2022
A number of high-profile regulators weighed in on crypto and related issues
Finder’s Experts Expect XRP to Spike to $3.81 by 2025 if Ripple Wins SEC Lawsuit
14.10.2022
Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit...
Regulators Should Use 'Range of Options' in Fintech, Fed's Barr Says
12.10.2022
Sometimes just identifying risks is enough to change risky behavior, Fed Vice Chair for Supervision Michael Barr said at DC Fintech Week
Finder’s Specialists Predict Ethereum Will Slip to $963 This Year, but End 2022 at $1,377 per Unit
12.10.2022
46% of around 55 fintech and cryptocurrency specialists believe ethereum is undervalued following The Merge, according to a recent survey published by the comparison website Finder.com. With less than three months left in 2022, Finder’s panelists predict that ethereum will drop as low...
Interoperable QR Payments Reach Record Number in Argentina
12.10.2022
Interoperable QR payments, a system that allows all digital wallets in Argentina to make payments in several stores, reached a record number in September. According to official numbers, 3.15 million payments were completed using this system, including cryptocurrency-based payments that exchanges...
Celebrity-Backed Fintech for Teens, Step Receives $300M in Debt Funding
11.10.2022
The app also launched a crypto trading feature, starting with bitcoin
Namibian Central Bank: Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as Payment
6.10.2022
The Bank of Namibia recently said it has brought virtual assets and virtual asset service providers under its fintech innovations regulatory framework, and that it plans to amend applicable laws and regulations. According to the central bank’s governor, there is an ongoing “battle...