FinTech Weekly - Fintech News Issue #361

Issue #361 - Big Success For Blockchain Tech

2022-04-28

FinTech Weekly gathers the most relevant news in the fintech space. This week, the acquisition of Twitter made headlines – even if it still needs the approval of stakeholders. Elon Musk’s tweets are extremely popular, especially when it comes to cryptocurrencies. If we consider the latest news, it’s easy to understand that crypto users are not only watching this new deal, but also at all those companies that are entering the crypto industry by exploiting blockchain technology. From Stripe to Fidelity, discover these companies, what’s going on in the fintech space, and the most important fintech conferences around the world with FinTech Weekly.

Top Stories

Elon Musk buys Twitter for $44B — crypto industry reacts
Elon Musk buys Twitter for $44B — crypto industry reacts
via Cointelegraph

Twitter accepted the bid of Elon Musk: the company announced that it accepted the offer of around $44 billion, and even if the deal should close in 2022, the offer still needs to be approved by stockholders.

Crypto

Fidelity enters the metaverse in search of young investors

Metaverse New business models

Fidelity enters the metaverse in search of young investors
via Reuters

Also the investment company Fidelity joins the several brands that entered the metaverse to expand their businesses in the digital world. The new platform, built in Decentraland, will give users more investment opportunities, as well as a virtual place where they can work and socialize.

ECB's Panetta Blasts Crypto as ‘Ponzi Scheme’ Fueled by Greed

Cryptos Opinions Regulation

ECB's Panetta Blasts Crypto as ‘Ponzi Scheme’ Fueled by Greed
via CoinDesk

Fabio Panetta, member of the European Central Bank, asked for new regulatory frameworks and taxes for what concerns the crypto space: Panetta compared cryptos to Ponzi schemes and said that they could represent a new bubble.

Fintech giant Stripe jumps into crypto with a feature that lets Twitter users get paid in stablecoin

Cryptos Investments Payments

Fintech giant Stripe jumps into crypto with a feature that lets Twitter users get paid in stablecoin
via CNBC

Also Stripe joins the crypto space: the firm announced that it will give its users the possibility to pay with cryptos. The company focuses on a stablecoin, USDC.

Banking

How can banks deal with the new fintech competition?

Banks Financial Instruments Opinions

How can banks deal with the new fintech competition?
via Finextra

The types of services offered by banks still can’t compete with fintech companies. Even if banks started focusing more on digitalization, it’s also true that they usually offer only digital products related to the management of accounts, while users would like to have access to more complex services like loans online.

Innovation

Fidelity Investments Will Offer Bitcoin Inclusion in Its 401(k) Accounts: Reports

Bitcoin Cryptos Financial Instruments Investments

Fidelity Investments Will Offer Bitcoin Inclusion in Its 401(k) Accounts: Reports
via CoinDesk

Fidelity exploits fintech opportunities not only thanks to the metaverse, but also by expanding its financial services: Fidelity Investments will allow its users to invest part of their savings in Bitcoin.

Crypto exchange Okcoin launches first-ever NFT marketplace without a cap on creator royalties

Blockchain New business models NFT

Crypto exchange Okcoin launches first-ever NFT marketplace without a cap on creator royalties
via Business Insider

The crypto exchange Okcoin, founded in 2013, announced a new market for NFTs (non-fungible tokens): its CEO, Hong Fang, announced that in this NFT market there won’t be any limit on royalty rates.

Podcasts and Videos

News: Inflation strikes for Amazon sellers and SEON raises for global expansion

Interviews Opinions

News: Inflation strikes for Amazon sellers and SEON raises for global expansion
via Fintech Insider

Benjamin Ensor and Nicole Perry are joined by Kate Drew (CCG Catalyst) and Bence Jendruszak (SEON) to discuss the most popular fintech news, from the effects of inflation to the new investments of some fintech companies.

Fintech

Fintech Qonto raises EUR 5 million in crowd investing round

Financing Investments

Fintech Qonto raises EUR 5 million in crowd investing round
via The Paypers

The fintech company Qonto opened a crowd investing round that made the company raise €5 million in a few hours. The company opened the round via Crowdcube and was supported by over 1800 Qonto users.

Global fintech funding cools in Q1 2022

Investments

Global fintech funding cools in Q1 2022
via Finextra

According to data from CBInsights, the fintech industry received investments for over $28 billion in the first quarter of 2022. The best performer was Europe, and for what concerns sectors even insurtech and payments tech experienced declines.

Have some comments or suggestions? Send us an email at news@fintechweekly.com

Found this newsletter useful? It would mean a lot to us if you forwarded this to your colleagues and friends and encourage them to subscribe at www.fintechweekly.com

Follow us:
 
 

 
Copyright © 2022 FinTech Weekly c/o Railslove GmbH, All rights reserved.
You were subscribed to this list because: We are sending you this newsletter because you opted to receive weekly fintech insights from www.fintechweekly.com

Our mailing address is:
FinTech Weekly c/o Railslove GmbH
An der Bottmühle 5
Cologne 50678
Germany

Add us to your address book


unsubscribe from this list    update subscription preferences 

Email Marketing Powered by Mailchimp

Key phrases

Older messages

Fintech News Issue #360

Thursday, April 21, 2022

The World Needs Decentralization See Online Issue #360 - The World Needs Decentralization 2022-04-21 FinTech Weekly shares with you the most relevant developments in the fintech space. As usual,

Fintech News Issue #358

Thursday, April 7, 2022

Fintech Around The World See Online Issue #358 - Fintech Around The World 2022-04-05 FinTech Weekly covers the latest news in the fintech space, and this newsletter shows how fintech is able to conquer

Fintech News Issue #357

Thursday, March 31, 2022

Fintechaverse and Investments See Online Issue #357 - Fintechaverse and Investments 2022-03-29 FinTech Weekly shares the most relevant fintech news of the last 7 days. From the speculation mode of the

Fintech News Issue #356

Thursday, March 24, 2022

Game of Banks See Online Issue #356 - Game of Banks 2022-03-23 In this number of FinTech Weekly you will find that the competition game between neobanks and traditional banks may change in the future:

Fintech News Issue #355

Thursday, March 17, 2022

What To Do When Inflation Rises See Online Issue #355 - What To Do When Inflation Rises 2022-03-17 In today's newsletter, FinTech Weekly covers one of the topics that are making headlines:

Close. those. tabs.

Monday, April 11, 2022

This is your daily reminder that you don't need all those tabs open. Last week we saw a new player... Product Hunt Read in browser This newsletter is brought to you by A knowledge base that fills

The new bugaboo

Monday, October 25, 2021

Across the country, conservatives are mobilizing against the inclusion of Critical Race Theory (CRT) in K-12 education. There is just one problem: CRT is a complex theory developed by law professors

The $16 Tool That Takes Back Pain Out of Cleaning Tile and Floors

Sunday, September 26, 2021

Real Simple Shopping Found: Moisture-Wicking, Odor Resistent Leggings That Reviewers Say 'Fit Like a Glove' Shop Now » Nordstrom Just Launched a Massive Storefront Filled With Affordable Back-

Lit Hub Daily: Why Everyone Should Read the Great Karen Tei Yamashita

Friday, September 17, 2021

Lit Hub Daily: September 17, 2021 Click here to read this email in your browser. Columbia University | Narrative Medicine Lit Hub Daily September 17, 2021 In 1935, Ken Kesey is born. TODAY: In 1935,

The next recession will be mini compared to the last 2 — and feel completely different

Monday, May 16, 2022

"The type of recession we're looking at is not like a serious, massive downturn in consumer spending across the board," one economist told Insider. View in browser Business Insider

$1 Trillion Worth of Risky Loans Packaged Into Highly-Rated Securities is not the End of the World

Monday, May 16, 2022

Plus! Diff Jobs, Netflix's Explore/Exploit Strategy; EVs and Platforms; Third-Party Sellers; An Entrepreneurial Country ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Daily StockTips Newsletter 05.16.2022

Monday, May 16, 2022

I've Screened the Market for what I Consider the Best, Safest, & Most RELIABLE Profit Opportunities! (Published 7:30 AM ET MON-FRI) ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

4 Events to RSVP to This Week!

Monday, May 16, 2022

Plus, replay our IG live on volatile markets. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

😨 Not even Apple is safe

Sunday, May 15, 2022

Investors are united | Honda's getting nervous | TOGETHER WITH Hi Reader, here's what you need to know for May 16th in 3:05 minutes. 💥 Digital art fans, listen up: the first-ever NFT event

🚀 Grindr preps for its public debut

Sunday, May 15, 2022

Plus, the scariest AirDrop ever... ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Longreads + Open Thread

Saturday, May 14, 2022

Housing, Chips, Books, Yandex, Hedge Funds, Bonds ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Amazon's advertising revenue is $31 billion and growing. Here's everything we know about its booming ad business.

Saturday, May 14, 2022

Here's the latest on Amazon's moves to expand its advertising business and the growing competition it faces. View in browser Business Insider Business Insider Business Insider Subscribe

Crypto chaos strikes

Saturday, May 14, 2022

Bloomberg Weekend Reading View in browser Bloomberg Follow Us Get the newsletter It's been a tumultuous year for investors so far, but for those with a stake in crypto, winter may already be here.

The battle is joined

Friday, May 13, 2022

Bloomberg Evening Briefing View in browser Bloomberg The artillery battle for Ukraine's eastern Donbas region is fully underway, according to the Pentagon, which estimated that defenders have