SINGAPORE (Reuters) – Grab, Uber Technologies’ biggest ride-hailing competitor in Southeast Asia, is likely to kick off a fresh round of fundraising “in the near future” as it seeks to develop offerings such as financial Read more…
Despite India’s aspirations to become a cashless society and encourage innovation in digital financial services, consumers have been slow to adopt and use such services. For that to change, service providers need to offer services that Read more…
NEW YORK (Reuters) – Nasdaq on Tuesday launched a service to help fund managers and quantitative traders better use data from social media, central bank announcements, retail sentiment and other sources to improve trading profits. Read more…
Facebook’s David Marcus – he of PayPal fame, who moved to Facebook to make Messenger great – recently announced Messenger Platform 2.0. Apparently financial services companies are poised to take advantage of the platform in order Read more…
Mobile financial services driven by data science will significantly impact the global pre-paid market, increasing operator revenues by as much as $70 billion, claims a new report from mobile identity scoring firm Juvo. According to Read more…
Deloitte has just published a new report about FinTech hubs [PDF]. There are many other FinTech city ranking reports besides this one, but many of these reports seem to be based on very traditional finance Read more…
Crowdfunding emerged a few years ago with many promises to help to raise capital for startups, make the investment market more democratic, and make the whole market more effective. It has created a new market, Read more…
HONG KONG/MUMBAI (Reuters) – The investment banking business in India should be enjoying bumper fees after a record year of dealmaking. It’s not, and big banks blame in-house teams of advisers that have proliferated as Read more…
Global payments giant PayPal has invested in South Korean FinTech startup Viva Republica. The company has finalized a $48 million series C funding round with PayPal and a number of other high-profile firms. The round Read more…
The finance sector is changing as banks lose their power and influence and everyone realizes they must take FinTech and new digital services seriously. Big banks need to realize this too Casper von Koskull, the Read more…
The emergence of startup hubs and FinTech trends like digital currencies and distributed ledger technology are changing the balance of the world’s finance hubs towards more democratic finance services that represent everyone – and that’s Read more…
Nationalism and protectionism are rising in some countries, and we see speculation about global trade wars. National governments naturally want to control things as much as they can, especially when it comes to online businesses Read more…
The US presidential election and Brexit vote were indicators of strong anti-establishment feeling among voters. There are similar signs in many other western countries. Financial institutions are strongly linked to the establishment. As a small Read more…
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