FinTech Weekly Issue #374 - Let’s See The Glass Half Full

Cryptocurrency Regulation

Jeremy Hogan, the attorney who has been following the case of Ripple, states that the judge in charge, Sarah Netburn, is tired of the SEC: the Securities and Exchange Commission is not producing the required documentation and constantly files objections. This is one of the most discussed cases about cryptocurrency regulation: how will this end?

Cryptocurrency Regulation

Another crypto-related business hit by the SEC is the popular Coinbase. The allegation concerns the listing of some securities on the crypto exchange. Coinbase disputed the allegation and its chief legal officer, Paul Grewal, stressed that the exchange simply “does not list securities.”

Banking

Neobanks are able to overcome traditional banks’ shortcomings by using technology and delivering inclusive financial services. They’re here to stay, or are they just the most immediate consequence of the pandemic?

Banking Business

The French banking company Qonto is expanding across Europe. The company announced that it’s planning to acquire the German Penta: the deal should close in the next few weeks. It would represent a major move for a company that aims to be the reference point for small businesses and freelancers.

Banking Business

Moove is a mobility fintech company also able to underwrite loans to drivers. Its financial and mobility technology mix makes it the largest supply partner of Uber in Europe and the EMEA region. Uber now wants to bring Moove to India.

Business Investments

Despite the economic downturn, some fintech companies found a way to become stable, different from many unicorns that couldn’t rise sustainably. Forbes lists the top 10 fintech companies in 2022.

Business Opinions

Jeremy Almond, CEO of the fintech company Paystand, injected a sense of optimism in crypto and fintech investors and businesses: despite these hard economic times, he said that we should be “optimistic about the world we are creating.”

Business Security

As fintech companies primarily offer payment services, keeping every transaction safe is important. This is even more urgent when you consider that many firms, despite their sizes, are embedding financial services into their own websites to be more competitive. That’s why it’s fundamental to know how cybersecurity works – especially in the fintech sector.

Sustainable Finance

Green economy is still concentrated in a few countries, and it might become the strand that links US and India’s efforts against climate change: the words of Taranjit Singh Sandhu, India’s ambassador in the US, show that the economic relations between the two countries might focus on these efforts for the next decades.