The creation of the first school of digital economics in Russia was announced last fall at the Eastern Economic Forum. The school, founded as an innovative educational project designed to …
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Scotland’s FinTech Skills Academy hailed as great success
The pilot of Scotland’s new FinTech Skills Academy, which was announced in September 2018, has been hailed as a great success as the first class (Introduction to the Retail Card …
Read More »Kenyan FinTech startup launches financial education academy
The widespread adoption of mobile money in Kenya has eliminated many traditional barriers and enabled millions of Kenyans to access financing for the first time. This, however, has also resulted …
Read More »JPMorgan to build Silicon Valley campus
JPMorgan Chase & Co. plans to open a FinTech campus in Palo Alto, California as part of its efforts to attract more Silicon Valley talent. The campus, scheduled to open …
Read More »Sberbank launches internal accelerator for employees
Sberbank has been at the forefront of many innovations in recent years thanks to its repositioning of itself as a technology company that aims to provide both financial and non-financial …
Read More »Tinkoff Bank offers free training for analysts and developers
Tinkoff Bank has opened free three-month training at select bank offices in 8 Russian cities (Moscow, St. Petersburg, Yekaterinburg, Izhevsk, Nizhny Novgorod, Novosibirsk, Rostov-on-Don and Ryazan) for analysts and developers. …
Read More »VTB Group and GenerationS launch corporate FinTech accelerator
VTB Group (VTB) has launched a corporate FinTech accelerator based on GenerationS, the largest accelerator of startups in Russia and Eastern Europe. VTB’s corporate accelerator is aimed at finding and …
Read More »FinTechHub created to train Russian youth in digital technologies
The FinTech Association and FinTechLab have concluded a cooperation agreement that will help organize support for new FinTech projects. Specifically, the two sides are planning joint programs aimed at building …
Read More »Cyber skills program launches in Australian schools
The Australian Computing Academy (ACA) has announced the launch of the Cyber Security Challenge, a USD 1.35 million program to teach cyber security to year 7-10 students in Australia. The …
Read More »Revolut plans invasion of the Russian market
Revolut, a British FinTech startup with Russian roots, announced its plans to enter the Russian market this year. The company, valued at USD 561 million, is a mobile app that …
Read More »The most expensive startups to close in 2018
Analytical company PitchBook collected data on startups that closed last year. Here are the 10 most expensive to close their doors in 2018: 10.Fallbrook Technologies – founded in 1998, the …
Read More »GreenSky bucks traditional FinTech ideas about IPOs
GreenSky, a FinTech company from Atlanta that provides loans for home repair projects, has announced its plan to go public with an IPO of USD 5 billion in total capitalization …
Read More »Sberbank, Yandex launch instantaneous B2B payment platform
Small- and medium-sized businesses will soon be given the opportunity to quickly execute payments via a new business-to-business (B2B) payment platform launched by Sberbank and Yandex. Traditionally, B2B payments need …
Read More »FinTech success goes beyond a revenue model
For any business, a revenue model is important. However, it is even more crucial for FinTech companies as consumer confidence is easily-shaken by perceived actions that seem solely profit-oriented (e.g. …
Read More »LendingClub’s fall from rock star status
Not long ago, LendingClub was the brightest star in the rapidly-growing world of online lending. With shares having dropped two thirds in two months, the company now has investors nervous. …
Read More »China’s peer-to-peer lending crash
Last summer, more than 400 peer-to-peer (P2P) lending platforms in China collapsed, costing thousands of Chinese millions in lost investments. The reason for their collapse is due to the lack …
Read More »Robinhood’s epic failure launching a new checking/savings product
Late last year, Robinhood attempted to launch a disruptive, first-of-its-kind checking/savings product, one which offered consumers a 3% interest rate with zero fees. Just days later, however, the company had …
Read More »FinTech development can bloom in absence of oversight
The lack of regulations governing many areas of FinTech in Russia is providing many great opportunities for FinTech startups to test innovative new solutions that might be difficult to test …
Read More »FinTech vs. regulations: can they learn to better coexist?
FinTech startups continually create new, innovative solutions to modern financial issues, taking advantage of technology advances to make lives easier and business processes better. However, they are often at odds …
Read More »Startups and London in the wake of Brexit
Despite concerns over the impact of Brexit, many startups are not willing to give up on London and its rich business networks and strong financial flows. At the same time, …
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