Private equity group Nordic Capital is now the owner of a majority stake in Swedish online payments provider Trustly.
Nordict Capital has recently purchased a majority stake of Trustly reportedly at around EUR700 million.
The move of Nordic Capital is very significant for the company since Trustly offers cross-border payments to...
The top executive of Reserve Bank said the main focus of their new fintech unit is not high frequency trading but rather to ensure there is a "cohesive view" on fintech.
Reserve Bank deputy governor Francois Groepe explained that in the medium to long-term we will have to look at...
Know These 5 Things Before Launching A Fintech Startup
Financial Technology (also known as FinTech), is the technology that aims to create a better, effective and a modern method than the current traditional methods in the delivery of financial services. Technology has greatly influenced the current financial systems and the...
The head of the European Banking Authority has no intention at the moment to regulate cryptocurrency.
EBA chairperson Andrea Enria said instead of regulation a "nuance approach" is the better way to deal with cryptocurrency concerns.
In a recent speech, Enria said instead of regulation, cryptocurrencies should be subject to full...
The European Fintech Alliance has once again fired up its tussle with the financial services establishment over PSD2 by speculating that banks will rely on below par APIs in order to avert competition.
The alliance of 74 fintechs, fintech associations and challenger banks shows its distrust, as the Regulatory Technical...
New Partnerships And More Funds Expected At Israel's Viola Fintech: If all goes well, Viola Fintech’s fund will hit $150 million in a few months’ time and new partners are expected to join this investment group from Israel.
50% of the current fund ($100 million) is thanks to a number of...
EU Setting Up 23-Step Fintech Action Plan: The European Commission is laying out the particulars of its 23-Step Fintech Action Plan that would provide digital transformation support to the financial services sector. This would also create an EU Fintech Laboratory, which would lay the foundation for regulatory rules and crowdfunding...
Manchester and London Fintech Firms To Work Together: Modern technology and new regulations are pushing transitions in typical financial institutions in London. If these firms could join forces with the ballooning Fintech community in Manchester, they would rise to higher notches in the near future. In this era of new...
3 Things Fintech Startups Should Learn From Big Tech Companies: Now, it is a norm to hear people saying they are going to leave their jobs in Apple or Google to start their own business in fintech. That’s certainly a course of action that many entrepreneurs are determined to take...
7 Initial Steps To Launching A Fintech Startup: Technology has touched everything that exists today, and so the financial industry is no exception. The traditional institutions were ingenious enough to realize the strength technology possesses. This provided them with an impetus to polish up their own tech capabilities to remain...
