FinTech Weekly Issue #400 - FinTech Loves Businesses – And The Planet
Issue #400 - FinTech Loves Businesses – And The Planet2023-01-26Financial technology – FinTech (here you can find a complete definition) – is favoring, as we say often, the creation of innovative solutions to solve global issues. The focus on ESG results not only on higher investments across the globe, but also on new partnerships that nourish themselves with general increased awareness and, at the same time, enhance this awareness all over the world. Alternative payment methods, decentralized solutions, Internet of Things, inclusive marketing strategies – all this is focused on making life a little easier and more sustainable. Fintech businesses are leading this revolution – despite some occasional drawbacks. |
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Davos: Politics, business and climate change converge at the WEFESG and global warming are two of the most discussed topics today, and for sure, fintech firms and the modern economy in general need to work to solve global issues. That’s why these topics also populated the World Economic Forum (WEF). |
Crypto
Porsche NFT Collection Fails to Gain Traction As Mint Kicks Into GearThe Porsche NFT collection hasn’t met expectations. After the launch, the price of the non-fungible tokens produced by the German carmaker fell below the minting price. But in general, the NFT market is making headlines and Ethereum is benefiting from successful collections in terms of inflation. |
Cardano Blockchain Network Experiences Brief Shutdown As Half Of Nodes Go OfflineFintech and blockchain are strictly correlated, but sometimes it happens that something goes wrong. The Cardano blockchain, one of the top Ethereum competitors and the technology used by developers to build decentralized applications, experienced a shutdown after half of nodes went offline. The reasons behind this shutdown are under investigation. |
Banking
Aramco-backed fintech opens bank branch in London to help Muslims investThe fintech startup Wahed, which is backed by the popular player Paul Pogba and the oil giant Saudi Aramco, launches a new bank branch in London to help almost 4 million Muslims to get investment advice in compliance with Sharia law. |
Innovation
Business-Focused Insurtech Coverdash Announces Launch After Oversubscribed Seed RoundThe seed investment round of Coverdash, an insurtech startup focused on providing insurance to businesses of all sizes, was so successful to be oversubscribed. The fintech business is based in New York, and takes into account even gigs to allow them to facilitate the purchase and management of business insurances. |
Fintech
India’s Fintech Industry: Embracing ESG and BeyondFintech and fintech businesses, driven by the intention to solve global issues and to be inclusive, focus on topics like ESG. For what concerns the Indian fintech industry, there are some trends you should be aware of. |
Stripe signs deal to process more of Amazon’s paymentsThe fintech firm Stripe signed a deal with Amazon to become a strategic payment partner of the giant founded by Jeff Bezos. The result of this deal is that Stripe will process more payments for Amazon. |
Climate fintech funding reaches record high in 2022ESG investing constantly increases, and 2022 proved to be a successful year for this type of investments. In fact, climate fintech companies reached an all-time high since they received almost $3 billion worth investments. |
Three Trends Driving Proptech Innovation—And What Other Businesses Can LearnHome automation is one of the trends of these years, and fintech meets IoT to deliver products that improve automation and make life a little easier. |
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FinTech Weekly Issue #398 - New Investments, New Promises, New Trends
Friday, January 20, 2023
Issue #398 - New Investments, New Promises, New Trends 2023-01-12 Fintech firms need to face the consequences of the choices made during the pandemic. Layoffs are, for sure, a result of the
FinTech Weekly Issue #399 - Top Banks, Fintechs & Recession
Friday, January 20, 2023
Issue #399 - Top Banks, Fintechs & Recession 2023-01-19 Some banks and financial institutions are doing better than others, but the results of Goldman Sachs were even lower than expected. During
FinTech Weekly Issue #397 - Were Predictions Correct? Recap & Forecasts
Thursday, January 5, 2023
Issue #397 - Were Predictions Correct? Recap & Forecasts 2023-01-05 2022 was a year full of news and also dramatic events. The war, rising inflations, layoffs, scandals, populated the year. But it
FinTech Weekly Issue #396 - The Die Is Cast
Thursday, December 29, 2022
Issue #396 - The Die Is Cast 2022-12-29 The year is near to its end, and you might think that this should be the time for recap. But not for fintech. Financial technology is still giving us many
FinTech Weekly Issue #395 - FinTech & Cryptos vs. Banks: What Do People Want?
Thursday, December 22, 2022
Issue #395 - FinTech & Cryptos vs. Banks: What Do People Want? 2022-12-22 2022 was a tough year for finance and the global economy. Of course, there are winners and losers, and most of them are
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