Home Fintech by Country

Fintech by Country

According to reports in the Nordic press; The Norwegian National Bank claimed that Norges Bank could issue its own digital currency to support nominal money and increase confidence in its treasury policies. It is said that Norges Bank is starting to work to raise the central bank-supported digital currency; the field studies related...
Plaid is the Fintech start-up which is backed by Goldman Sachs. It is also pretty popular in the North American continent. It helps users manage their finances. This Fintech companies are actually connecting their application with various mobile banking applications. In addition to that, it is also connected with...
According to a local news source, South Korea 's largest crypto exchange, UPbit, has reported that they have conducted an internal audit and there was not any evidence of fraud. A local news source, Naver quotes the CEO of the currency saying that UPbit's balance sheets are compatible with their wallets “100%”. UPbit was investigated by financial regulators...
The Fintech industry in Mexico is growing at a rapid pace. In many of the cases, the banks were forced to take up the solutions and products which were provided by the Fintech industry. Many of the banks feared attempts by hackers to hack the real-time payment systems. As...
The OmiseGo team is preparing to expand the business alliance with two financial institutions in South Korea. After Ripple (XRP) and EOS succeeded in making such moves, the Omisego team signed an agreement with Shinhan and Woori , two major South Korean banks. Both banks will work on Omisego's Blockchain to ease financial...
In most of the cases, it has been found that Fintech companies often cater to the millennials. They often develop products which are specifically geared towards the millennials. However, the millennial market, after all, is a portion of the entire market. That is why it is high time that...
As one of the biggest multinational communications technology companies based in China, Huawei Technologies Co.  reported that users of smartphones will be able to download bitcoin wallets to new Huawei devices starting from May 11, 2018. According to BTC.com business associate deputy chairman Alejandro de la Torre, Huawei is going...
The Central bank of Iran up until now was controlling the regulations pertaining to the Fintech companies. However, recently the president of Iran also announced the relaxation of the regulations for the Fintech companies. However, many of the Fintech companies are actually confused about these regulations rather than being...
The financial authorities in South Korea have been following a string of local cryptographic currency exchanges and the stock exchanges in the country are being reviewed by various institutions. The Financial Services Commission (FSC), the country's highest authority in terms of financial regulation, has also begun to examine South Korea-based cryptocurrency exchanges. One...
iZettle recently announced that it intended to launch IPO in order to raise SKr 2bn. It is intending to list on the NASDAQ exchange in Stockholm. The Fintech start-up is aiming to increase its turnover by at least 40% each and every year for the next 3 years. JP Morgan...