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...
Why Fintech Will Drive Business Models of the Future: Once considered to be unfailingly secure because of their size, scope, influence as well as the high barriers to promote entry, banks, insurance providers and investment houses came under assault from the new technological wave that threatens their status quo,...
The number of job vacancies for the IT professionals are increasing in the Fintech sector. The Fintech sector is also paying higher average salaries as compared to the IT sector. With the increasing number of vacancies, professionals are opting for jobs in the Fintech sector. If you look at the...
Disruptive technology in financial services come with challenges that need time to solve. The financial sector is increasing its investments in Fintech firms as the research suggests that customers go for the idea of on-demand finance. This is to challenge the agility and flexibility afforded by the Fintech firms that make...
Ant Financial fintech affiliate raises $14 billion to continue its global expansion Ant Financial's latest $14 billion funding round reportedly values the Alibaba affiliate at $150 billion, far more than Goldman Sachs' $88 billion. The Chinese financial services company grew out of Alipay, the digital payments system that contributed significantly to...
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...
Dutch payment processor valued at more than $15 billion in sector that has a lot of startups in the wings Adyen IPO could unleash a backlog of fintech ‘unicorns’ Though U.S. investors aren’t able to trade shares of Adyen NV, the company’s public debut could still give an opportunity to investors...