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Fintech

This particular fintech is now far more worthwhile than Robinhood

Go more than, Robinhood – Chime is now the most effective U.S.-based buyer fintech. Based on CNBC, Chime, a so-called neobank that provides branchless banking services to buyers, is currently worth $14.5 billion, besting the sale price of massive retail trading platform Robinhood at around $11.2 billion, as of mid August, per PitchBook data. Business

Fintech

After the Wirecard scandal, fintech sector faces questions and scrutiny of self-confidence.

The downfall of Wirecard has severely exposed the lax regulation by financial services authorities in Germany. It has also raised questions about the wider fintech area, which carries on to develop quickly. The summer of 2018 was a heady an individual to be concerned in the fast-blooming fintech area. Fresh from getting their European banking

Fintech

Immediately after the Wirecard scandal, fintech sphere faces scrutiny and thoughts of confidence.

The downfall of Wirecard has severely revealed the lax regulation by financial solutions authorities in Germany. It’s also raised questions about the greater fintech area, which goes on to cultivate fast. The summer of 2018 was a heady an individual to be concerned in the fast-blooming fintech sector. Unique from getting their European banking licenses,

Fintech

Santander announces new venture capital firm for fintechs

Spanish multinational banking giant, Banco Santander today announced the launch of Mouro Capital, an autonomously handled venture capital fund targeted at fintechs and similar financial services businesses. The new brand name will replace as well as manage Santander Innoventure’s older profile of investments, that includes thirty six startups in Europe as well as the Americas.

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