FinTech Weekly - 🚮 The Fintech Clean-Up - Issue #434
The fintech scene is always exciting and innovative, but some deals must die to get rid of the bad blood.September 21, 2023According to KPMG, fintech deals dropped from over $63 billion in the second half of 2022 to around $52 billion in the first half of 2023. This doesn’t necessarily have to be negative. Taking cues from Sangu Delle and The Godfather, as highlighted in our top story, some deals must die to get rid of the bad blood. Perhaps not all deals that were shut down were 'bad blood', but those that remain have for sure a positive impact on businesses and the economy in general. Discover these stories with FinTech Weekly: get top fintech news and events and stay ahead of the competition! |
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A European Banking Giant Rises to the Fintech ChallengeConscious of the competition brought by fintech firms, one of the largest banking groups in Europe, Intesa Sanpaolo Group, launched a digital platform to guarantee speed and agility in banking, especially for those products SMEs needed – like lending. It was launched in Italy, but the goal is to expand internationally. |
SEC Rips Into Binance.US Over 'Shaky' Asset Custody, Asks Court to Order InspectionIn the meantime in the US, the relationship between the SEC and Binance doesn't seem to improve. The regulator asked a court to approve an inspection into Binance US. |
Financial Institutions See Technology More Than Ever as Key Differentiator in Customer Experience, Says ISGInformation Services Group, a leading global tech research firm, says that banking and financial firms are navigating economic uncertainty, cyber risks and competition by leveraging technology, focusing on enhancing user experiences. |
Breakout Capital and 12Five Capital Join Forces to Create a Powerhouse in Small Business LendingBreakout Capital, a lending fintech company, and 12Five Capital, a commercial finance company, merged thanks to Altriarch Commercial Finance Inc., a parent company they have in common. This merger will enable additional services and expansions to address the needs of small businesses in this ever-evolving economy. |
Fintech revolution: Online lending platforms for businessesLondonLovesBusiness delves into the world of online lending platforms: today, waiting weeks to know if your business’ lending application was approved is basically unacceptable – and fintech firms know that. |
German fintech Tilta bags €30M to address the working capital gap in B2B transactionsThe German fintech company Tilta announced €30 million worth of debt facility from Fasanara Capital. This facility will be used to address the working capital gap in B2B transactions, making the company able to finance around €250 million in B2B transactions per year. |
Early Revolut backer Lakestar leads $40 million investment in French fintech startup SwanLakestar, the European VC giant that backed Revolut in its initial phase, invested in the French fintech startup Swan. The startup will use the capital to expand across the Netherlands and Italy during 2024. |
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🤔Just a Matter of Luck? - Issue #433
Sunday, September 17, 2023
It seems that FinTech success worldwide depends on location and regulation. September 14, 2023 In this edition of FinTech Weekly, we explore the notion that sometimes success is simply a matter of luck
🛑 Cawing For Capital - Issue #432
Thursday, September 7, 2023
The mixed fortunes of fintech amid global impact and funding woes. September 07, 2023 In this issue of FinTech Weekly newsletter, we delve into the contrasting realities shaping the fintech industry
🛠️AI: Your Business Ally - Issue #431
Thursday, August 31, 2023
AI may be divisive, but its business impact, including on SMEs, is undeniable. August 31, 2023 In this issue of FinTech Weekly, we aim to analyze a critical relationship—the one between AI and
🔓Growth: Tech & Tales - Issue #430
Thursday, August 24, 2023
Embracing tech & content to unlock unprecedented growth. August 24, 2023 Each revolution needs compelling stories, and when it comes to the realm of entrepreneurship, we can safely assess that
Shorting The Future? - Issue #429
Thursday, August 17, 2023
In changing tech times, is fintech our anchor? August 17, 2023 Certainly, the actions of influential figures like Michael Burry have stirred conversations in the financial sector. Such strategic
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