Home Tags Fintech
Since the UK’s Financial Conduct Authority (FCA) launched its regulatory sandbox in 2016, 89 companies have been accepted to test their products and services. Now, a newly released report by Deloitte and Innovate Finance has found that companies that have been in, or are still journeying through, the FCA’s sandbox believe it has delivered real value.
A startup CEO who was turned down 100 times before raising $5 million says he suffers from ‘impostor syndrome’ — and he hopes it nev...
"Impostor syndrome" is the phenomenon in which people don't think they deserve their success and fear being exposed as frauds. Johnny Reinsch, the CEO of the fintech startup Qwil, said he's had impostor syndrome since he cofounded his company in 2015.
N26 plans to run a 'beta' testing phase before rolling out to its 50,000-strong UK waiting list in the coming weeks. The app-only bank was founded in Berlin, Germany, but currently operates in 17 markets across Europe and has 1.5 million customers.
US-based cryptocurrency exchange operator Coinbase has announced it will add a new feature, dubbed Coinbase Bundles, that will allow users to purchase a weighted basket of the five cryptos it lists — Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ethereum Classic.
London-based 'venture builder' Blenheim Chalcot is opening an office in New York, its first in the US. The company is a "venture builder" — it seeds and then supports startups in everything from fintech to education and media.
'Stablecoins' are the hottest thing in crypto right now, with over 50 projects in development. A 'stablecoin' is a cryptocurrency that's price is pegged to a real-world asset like gold or the dollar. Here's a guide to what they're used for, how they work, and why people are excited about them.
The London Block Exchange plans to launch a new cryptocurrency pegged to the pound: LBXPeg. One-for-one sterling reserves will be held in a segregated bank account.
The boss of Santander’s digital bank says it will be ‘the same direction but faster’ under new CEO Andrea Orcel
Openbank CEO Ezequiel Szafir told BI that Andrea Orcel will have "the same strategy but make it go faster and further" when he joins as CEO of Santander next year.
Chinese crypto mining company Bitmain has filed IPO documents with the Hong Kong Stock Exchange. The preliminary documents show Bitmain had revenues of $2.8 billion in the first half of 2018.
Lenders including Santander and Societe Generale are testing the Interbank Information Network (IIN). JPMorgan built the information sharing programme on its own proprietary blockchain platform, Quorom, and has been testing it with a handful of lenders since October 2017.