It is a bold or naïve CEO that prefaces a major announcement with the words, "This will shock the world".
New PayPal CEO Alex Chriss said exactly that in his first public interview since becoming CEO. That was a week ago and he was referring to major announcements that would happen at the company's Innovation Day that it conducted yesterday.
Their website mentions names such as 'digital sterling' or 'Britcoin' and emphasizes the difference between CBCDs and cryptocurrencies.
So far this year we have seen so many negative stories about banking as a service. You could be forgiven that BaaS is dying a slow and painful death.
Like many interested in the crypto space, Crapo has asked for months about the stablecoin report.
According to Moni's statement, the fintech plans to use the capital raised to expand consumer credit to the population of Argentina.
Warren Buffett-backed Nubank reported a 44% increase in profits in the second quarter, as it expands its customer base in Latin America.
The Web3 space, famed for its "tech bros" could hold the key to widespread gender diversity. Support of female development in the space is critical.
Unreliability of blockchain networks and node downtime could restrict mass adoption of DeFi. Metrika could provide essential support.
In March 2022, the SEC released a proposal for mandatory climate reporting regulations which was met with mixed views. If Europe is anything to go by, it could create significant opportunities in the fintech sector.
For Aviva, this round stands out as one of the largest for this investment stage in LatAm after the difficulties of the second half of 2022.