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 …
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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, …
Read More »9 FinTech marketing strategies for 2019
Deploying the right FinTech marketing strategy is a big challenge in an incredibly saturated market. Here are nine tricks to position FinTech marketing efforts for success: Go mobile with FinTech …
Read More »China’s FinTech model and why the West won’t catch up
China has embraced FinTech solutions as ways to make their lives easier, with one-stop shop apps allowing nearly half a billion people to access a dizzying array of financial services. …
Read More »How events from 2018 will impact FinTech in 2019
A lot happened in 2018 – everything from Facebook’s Cambridge Analytica scandal and the net neutrality debate to cryptocurrency’s volatility and Brexit negotiations. Many of these events will impact FinTech …
Read More »Brexit’s impact on FinTech in the UK and the EU
The full-scale implications of Brexit are unclear for a number of industries, including the FinTech industry. Dr. Joanna Perkins of the Financial Markets Law Committee (FMLC) outlined six key areas …
Read More »The biggest investors and beneficiaries of FinTech funding trends
Financial institution-FinTech funding trends have revealed that European financial institutions are the most active, both in terms of volume (53%) and value (47%), in working with and providing funding to …
Read More »The rise of biometric bank cards
Biometric bank cards are quickly emerging as a possible new reality that could make their way to markets soon. The cards, which look and act much like traditional bank cards, …
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