Fintech News Issue #316

Fintech News Issue #316

2021-06-08

While in the 90th credit card companies core business was to let people buy now but pay later (BNPL). Then Affirm and Klarna came and optimized the principle for eCommerce. Now well funded imitators are entering the space in different verticals like healthcare, air travel, expensive everyday products and B2B. We fly over the biggest funding rounds and news in BNPL this week.

FinTech Magazine June 2021
FinTech Magazine June 2021
via FinTech Magazine

This June edition combines profiles on HOOPP and CNA Insurance with our editorial focuses on CX, SME lending, online lending, and the lean and agile fintech revolution. Don't miss our Top 10 feature on real-estate fintechs

FinTech Female Fridays: Meet Co-Founder and COO, Allie Fleder
FinTech Female Fridays: Meet Co-Founder and COO, Allie Fleder
via NYC Fintech Women

This resilient innovator believes in the power of startups and technology to achieve lasting impacts on social inclusion through education, policy, and financial services. The digitization of the world incentivized the creation of SimplyWise. As the Co-Founder and COO, Allie Fleder is motivated to help individuals take control of their finances through digitization.

FinTech Aviv: Disruptive Lending – Empowering Cash Management Through AI
FinTech Aviv: Disruptive Lending – Empowering Cash Management Through AI
via Meetup

Disruptive Lending – Empowering Cash Management Through AI - June 10th. We are thrilled to invite you to FinTech-Aviv's in person event focused on alternative lending mechanisms and AI based cash management platforms!

 FINTECH WORLD FORUM 2021
FINTECH WORLD FORUM 2021
via FinTech World Forum

FinTech World Forum 2021 (FinTech Conference) is based in London UK Europe as one of leading fintech events for the global financial and banking technology industry. It focuses on crypto, blockchain, finance technology, banking and finance. For more info visit: https://fintechconferences.com

 The NFT market bubble has popped and we’ve got the charts to prove it
The NFT market bubble has popped and we’ve got the charts to prove it
via Protos

The NFT market has imploded over the past month, with sales in every single category almost entirely drying up. NFTs peaked on May 3, when $102 million worth were sold in a single day. The crypto-collectibles market made up $100 million of those sales.

How Africa could become a world leader in central bank digital currencies
How Africa could become a world leader in central bank digital currencies
via Quarz Africa

Central banks around the world are looking to develop their own digital currencies, which use technology to represent a country’s official currency in digital form.

WLTH and Parley for the Oceans announce ground-breaking long term partnership to drive eco-innovation into lending and payment industry
WLTH and Parley for the Oceans announce ground-breaking long term partnership to drive eco-innovation into lending and payment industry
via Australian FinTech

Digital lending and payment provider WLTH and Parley for the Oceans, a new form of environmental organisation, announce a five-year partnership to empower customers with an innovative lending solution that offers an everyday way to protect the oceans and support the movement to end marine plastic pollution across Australia.

World Payments Report 2020
World Payments Report 2020
via Capgemini

The World Payments Report 2020 from Capgemini is the leading source for data, trends and insights on global and regional non-cash payments, the key regulatory and industry initiatives (KRIIs), and today’s dynamic payments environment. This 16th edition highlights the need for payment firms to rapidly prioritize technology transformation in order to become digital masters and stay competitive.

London’s Fly Now Pay Later lands an additional £10 million in Series A funding, locks tray table in upright position
London’s Fly Now Pay Later lands an additional £10 million in Series A funding, locks tray table in upright position
via tech.eu

Bucking the travel industry downturn trend, London’s BNPL fintech Fly Now Pay Later has landed an additional £10 million in an equity investment co-led by Revenio Capital and Taurus Wealth Advisors. This fuel adds to the £35 million of equity and debt Series A financing raised last year and is expected to be used to propel UK, US, and German expansion goals.

Solving the Credit Invisibility Problem
Solving the Credit Invisibility Problem
via FinTech Takes

If fintech has a superpower, it’s the ability to hone in on the most quietly frustrating parts of banking, the parts that consumers have mostly learned to live with, and build (and loudly promote) products that address those frustrations.

People's Republic of FinTech - FinTech sector in China
People's Republic of FinTech - FinTech sector in China
via Koło Naukowe Prawa Bankowego

Students’ Banking Law Association, Students' Organization for Law and Economy of China and Warsaw Beijing Forum would like to invite you to watch a panel discussion concerning Chinese financial technologies.

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