FinTech Weekly - Fintech News Issue #332

Issue #332

2021-10-07

Fintech companies are revolutionizing not only the financial system, but also our idea of work and investment opportunities. Fintech solutions are the core of the new Finance 2.0, and a rising integration with cryptos and DeFi seems unavoidable. Even if this new system still requires some improvements in terms of regulation and compliance, we are in the midst of a social revolution that wants to create a more inclusive economy.

FinTech Articles

DeFi bug accidentally gives $90 million to users, founder begs them to return it
DeFi bug accidentally gives $90 million to users, founder begs them to return it
via CNBC

Robert Leshner, founder of Compound Labs, is begging users to voluntarily return tokens after a bug in the DeFi protocol upgrade caused a (involuntary) giveaway of $90.1 million.

Pledge Finance Holds Stanford DeFi and NFT Summit 2021
Pledge Finance Holds Stanford DeFi and NFT Summit 2021
via Bitcoinist

The DeFi & NFT Summit 2021 edition was conducted by Pledge Finance, a US decentralized lending protocol. Will DeFi be further adopted by fintech companies?

Podcasts & Videos

On the podcast: Seeding the next generation of UK unicorns
On the podcast: Seeding the next generation of UK unicorns
via PitchBook

Ian Connatty, managing director for funds at British Patient Capital, joins Alexander Davis and Andrew Woodman to discuss the venture capital ecosystem and the rising number of fintech startups in the United Kingdom, which may result in larger investment rounds for UK companies.

Fintech Startup Bolt Launches 4-Day Work Week
Fintech Startup Bolt Launches 4-Day Work Week
via Bloomberg

Emily Chang, host of Bloomberg Technology TV Show, and Ryan Breslow, founder and CEO of Bolt, discuss the fintech startup’s new work policy, a 4-day week that could lead to an improved productivity.

Crypto

2 Little-Known Altcoins to Watch in the Avalanche Ecosystem
2 Little-Known Altcoins to Watch in the Avalanche Ecosystem
via Business Insider

The 20-year fintech executive and president of Ava Labs, John Wu, talks about Avalanche's impressive growth and two altcoins he’s bullish on.

Pledge Finance Holds Stanford DeFi and NFT Summit 2021 | Bitcoinist.com
Pledge Finance Holds Stanford DeFi and NFT Summit 2021 | Bitcoinist.com
via bitcoinist

During the Future of Fintech conference in New York, CB Insights unveiled the list of the top 250 fintech companies that are revolutionizing the financial system. Quantexa, a company focused on taking data accuracy, risk and compliance to a new level, is among the names in the prestigious list.

FinTech

Quantexa Named to the 2021 CB Insights Fintech 250 List of Top Fintech Startups
Quantexa Named to the 2021 CB Insights Fintech 250 List of Top Fintech Startups
via PR Newswire

Lawmakers are trying to understand if consumers really understand the degree of access to their data they allow to third parties: are stronger protections needed?

Lawmakers agree on need to rein in fintech data sharing - Roll Call
Lawmakers agree on need to rein in fintech data sharing - Roll Call
via Roll Call

Alaia SA, a growing action sports destination, tokenized and deposited its shares with Credit Suisse, which integrated the Taurus infrastructure to make this possible. Another big step for Finance 2.0?

Banking

Alaia tokenises its shares with Credit Suisse in view of private placement. Powered by Taurus. - The Tokenizer
Alaia tokenises its shares with Credit Suisse in view of private placement. Powered by Taurus. - The Tokenizer
via The Tokenizer

Alaia SA, a growing action sports destination, tokenized and deposited its shares with Credit Suisse, which integrated the Taurus infrastructure to make this possible. Another big step for Finance 2.0?

Innovation

Amsterdam’s Sentinels partners with fintech startup YouWorld to help “fight financial crime on a large scale”
Amsterdam’s Sentinels partners with fintech startup YouWorld to help “fight financial crime on a large scale”
via Silicon Canals

Sentinels, a transaction monitoring startup powered by artificial intelligence, announced its partnership with YouWorld, the fintech company focused on providing cross-border digital banking solutions.

Stamford-based Point72 Ventures leads $35M funding round in Chicago fintech firm
Stamford-based Point72 Ventures leads $35M funding round in Chicago fintech firm
via Stamford Advocate

The fintech firm Zero Hash, which allows fintech companies and financial institutions to embed crypto products in an easy and compliant way, is collecting $35 million in a Series C funding round led by Point72 Ventures.

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Older messages

Fintech News Issue #331

Thursday, September 30, 2021

From the US to China, from Elon to Powell: the compliance-related debate involves everyone - and every firm. See Online Issue #331 2021-09-30 Regulation is what the digital market needs in order to

Fintech News Issue #330

Thursday, September 23, 2021

BNPL, Crypto Wallets everywhere, finance quantum computing, Deutsche Bank, Robin Hood Crypto, better payment See Online Issue #330 2021-09-23 More large fintech companies like Square, PayPal and Robin

Fintech News Issue #329

Friday, September 17, 2021

Amazon POS, Financial Inclusion, Intuit, GreenSky, Goldman and a 7 Trillion Industry See Online Issue #329 2021-09-16 Nearly 2 Billion people on people don't have access to the current financial

Fintech News Issue #328

Friday, September 10, 2021

Coinbase lending, Sec, Paypal Japan, Wave, African Payments, IOTA is back, See Online Issue #328 2021-09-10 The circular economy is a huge chance to stand out for the insurance industry to increase ESG

Fintech News Issue #327

Friday, September 3, 2021

Niche Neobanks, electric car insurance, Facebook NFT platform, EU crypto regulation See Online Issue 327 2021-09-03 The neobanks that have come about over the last decade have focused mostly on serving

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