Corporate spend management startup Ramp secures $750 million at a $8.1 billion valuation
Many of the top cryptocurrencies have fallen in price as of late; Coindesk shares a chart highlighting the percentage decline of the top 10 crypto assets; the biggest losers at time of writing are Cardano, Stellar and Ripple. Source
When it comes to e-commerce, the world is smaller than ever. Developing a new global financial infrastructure capable of supporting a world dominated by digital commerce is a massive challenge.
Penta is a Berlin-based business bank which also has operations in Italy; RTP Global led the round with investors HV...
Writing an opinion piece in American Banker Jonah Crane, a fintech advisor, points out that the CFPB and other regulators need to keep a watchful eye on the data sharing guidance; the rules are currently non binding but offer the regulators a chance to use current oversight power to enforce egregious violations; ensuring a level playing field and working with industry players can help not only consumers but regulators better understand how data sharing can be done is the most beneficial way. Source.
The co-founders of Xendit, Moses Lo and Tessa Wijaya, discuss payments infrastructure in Southeast Asia, smartphone penetration and why the opportunity there is so big.
As online financial services expand, marketers are seeking new ways to get in front of their customers; Facebook Messenger chatbots are one example and TD Ameritrade is taking full advantage of this source; it has launched a Facebook Messenger chatbot that gives customers instant updates on their portfolios and trades; the firm has worked through a number of security and encryption issues and is now offering one of the industry's leading Facebook Messenger chatbot services. Source
Level39 has launched Cyber39, a program focused on fighting cyberthreats in London; Cyber39 will initially involve the 22 cybersecurity companies associated with the Level39 startup accelerator and it hopes to add more companies; additionally Level39 has also opened the Cyber Demonstration Centre in Canary Wharf with the support of the Department for Digital, Culture, Media and Sport, and the Department of International Trade; the accelerator's efforts are aimed at building out cybersecurity solutions in the private sector and keeping London at the forefront of cybersecurity innovation. Source
Milo, a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. And clients can finance 100% of their purchase
There’s no lifetime guarantee of financial clients in this generation. Instead of marketing through parents to reach their children, newer generations want to learn about offerings themselves. They generally trust online reviews before they look to a family member for help with their decision.