In school, we all learned of Tulip Mania and South Seas Company Bonds. The lessons taught were all about the power of crowds, of perception, and of hope. They were also object lessons in morality and economics. The past is the past, of course we were told, such things could never happen in a modern economy.
Nubank, the Brazilian digital bank which is reportedly looking to IPO later this year or early next, is seeking a $55 billion valuation in its IPO listing, according to Reuters.
Australian-based unicorn Airwallex has launched into the states.
Roofstock, a proptech startup aimed at making it easier to purchase an income-producing property, announced Wednesday its acquisition of Great Jones, a property management platform that Roofstock intends to utilize for its “end-to-end single-family rental platform.”
Studies show easy access to human assistance remains a key customer satisfaction component. However, COVID-19 accelerated a shift in customer preference toward the empowerment of digital channels. With this shift comes a loss of personal interaction with customers throughout the customer journey, making timely and relevant communication more difficult for the institution. Staying “customer-connected” serves […]
Atom Bank, a UK retail bank built for smartphones and tablets with no physical branches, reported a £36 million operating loss for the fiscal year ending in March 2021, down from the previous years £46 million in losses, according to FinExtra.
B2B eCommerce platform Balance announced Wednesday a $25 million raise in Series A funding led by Ribbit Capital. According to data from Crunchbase, this brings Balance’s total funding to $30.5 million since its August, 2020 launch.
Visa announced Tuesday a new partnership with Singapore’s Ascenda, a global fintech company that builds loyalty technology. Visa will utilize the Ascenda Nexus platform, originally launched in February. With it, Visa’s partners will have the opportunity to adopt a new rewards program.
We spoke with Omer Sattar, co-founder and EVP of Sightline Payments, about the current wave of fintech in gaming & challenges facing casinos.
BBVA, Spain’s second largest banking entity, announced plans to export its dynamic CVV Aqua cards to Latin American subsidiaries, according to a press release.
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