FinTech Weekly - Issue #303 - Climate Fintech Is Coming

Bloomberg reports in November suggested Stripe’s valuation could reach $100 billion imminently. According to Forbes, investors seem to have added on another $15 billion for good measure.

Addie Lerner and Tali Vogelstein have started Avid Ventures, a new venture capital fund for fintech, software, and consumer internet startups.

Mexico is the third country that receives the most remittances in the world, displacing the Philippines, which held that position for many years, and only China and India surpass it.

Internet company Opera is moving into financial services with the launch of Dify, an in-browser cashback service and digital wallet for online shopping.

For over sixty years, the U.S. was the leading innovator of financial technology (or FinTech) in the world.

Artificial intelligence (AI), along with credit analysis, is increasingly becoming an essential part of the fintech sector, especially commercial lending.

This week, I covered Zeta, a new startup working on joint finances for modern couples. It aims to take away the money chores of a relationship, from splitting the bill at dinner to requesting rent through a payment app every month.

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UP Fintech Holding Limited, acting through its U.S. subsidiary, US Tiger Securities, Inc., acted as the lead underwriter for Kuke Music's U.S. IPO.