In the past few years, the finance sector is seeing an influx of non-financial businesses turning towards fintech solutions.
While it is not yet a wave, fintech consolidation is starting to pick up. And yesterday we learned of another deal, this one in the investing space.
While this deal was telegraphed a few months ago there was an official announcement yesterday. Leading investment fintech Yieldstreet is acquiring the real estate platform Cadre.
As Jason Mikula predicted on June 1, FIS has acquired embedded finance startup Bond in a deal where terms were not touted in a splashy press release.
Their website mentions names such as 'digital sterling' or 'Britcoin' and emphasizes the difference between CBCDs and cryptocurrencies.
LendIt Fintech has teamed up with leading fintech firm Amount to put together a survey asking banks and fintechs about launching a BNPL credit product.
It has been the talk of the crypto world all week. SEC watchers noticed early this week that the regulator appeared to be getting ready to approve an ETF for funds holding Ethereum.
Last week, it was BlackRock announcing their bitcoin ETF, and now we have a consortium involving Citadel Securities, Fidelity, and Schwab launching a new crypto exchange called EDX Markets.
Helios, raised $9.4 million in a recent seed round, news that has encouraged the industry to think about broader ESG issues.
Insights have found the switch to more digital transaction since the start of the COVID-19 pandemic show that individual and organizational risk is even greater now.
Soulbound tokens, with their air of myth and legend, have very real applications that could significantly disrupt the finance sector, bringing decentralization to DeFi and creating a whole new way of thinking about society.