Xinja prospects look promising: After acquiring Australian Credit license from regulatory authorities to disburse home loans, Xinja has become the first digital bank to make a mark in Australia.
The aspiring bank also has an advantage of financing equity through crowd funding, where it was successful in gathering $1.4 million against...
A mobile app formed by Fintech named Pockitap; has the ability to convert change into a digital type for currency. It was founded by Matt Panzo and Steve Shamrock in the year 2016, to eliminate carrying loose change in your pockets. Co-founder Christian Chicles have a lot of experience...
Fintech has lived the top attention like a year ago. Now it is time for action. And we see lots of improvements in the fintech industry disrupting the financial solutions.
They may be worlds apart in the financial services industry but German payments company Wirecard AG is fast approaching the...
After successfully raising $20 million in a sold-out token sale, British blockchain-based banking platform Babb is now setting its eyes on establishing its first ever bank accounts before the end of the year.
The move is quite ambitious for the FCA-authorized payment institution Babb (Bank Account Based Blockchain) since they...
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...
Today, Yahoo Finance introduced an amazing app which is known as Tanda and this app helps small organizations that consist of eight to nine employees to save money collectively for their short-term plans. Basically, the concept is all people save some money from their salaries and each month one...
All of the interest in financial services at the moment has gone to the newest kids on the block: cryptocurrencies. With bitcoin now eclipsing $15,000 and Coinbase adding over 300,000 users in one week alone, it’s easy to understand why.
While cryptocurrencies stole the spotlight, a clutch of companies were...
Innovation in the Fintech sector continues: A $100 million joint venture was announced between The German fintech incubator FinLab AG and Block.one, developer of the Blockchain software platform EOS.IO. The main aim is to develop projects that would incorporate EOS software.
One of the partner in the joint venture is...
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...
Looks like digital only banks needs to reinvent itself in order to sustain its current standing in the global market.
This developed after a recent survey has shown that people around the world - from India to Canada to the UK are losing interest on digital-only banks.
Based on the survey...
