Profitability and the need for FinTech self-regulation
At a time when FinTechs are struggling to generate profits after years of being focused on growth, an industry insider discusses how a company must be...
Category: fintech
BNPL, FinTech’s painful pivot to profitability
After a record year in 2021, the FinTech industry experienced a significant decline in 2022. High inflation, market volatility and recession fears caused investors to shift...
London-based fintech expands into Europe with latest multi-million pound acquisition
Equals Group Plc has announced its expansion into Europe, via the acquisition (subject to regulatory approval) of Oonex SA, a full service payment institution licensed in...
Rapid Finance Wins 2023 FinTech Breakthrough Award for “Best Business Lending Product”
BETHESDA, Md., March 27, 2023–(BUSINESS WIRE)–Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a quick and easy application...
Fintech unicorn Slice has a loss of Rs 267 Cr in FY22
Losses of Bengaluru-based fintech unicorn Slice widened 2X to Rs 267 crore in FY22 from Rs 103.87 crore in the previous fiscal. At the same time,...
5 FinTech companies digitizing the financial sector in Malta
By Gloria Methri More than 200 islands in the Mediterranean make up the small nation of Malta. Although it is the smallest in the world, many...
Fintech did not hack again with much breadth
Latitude Financial’s hacking attack is now one of the worst ever reported in this country, and you rightly wonder if it could mean the end of...
Recent offshore regulatory updates in fintech and digital/virtual assets
Introduction Carey Olsen, recently ranked in the FinTech sector by Chambers & Partners across each of its offices in Bermuda, British Virgin Islands (BVI), Cayman Islands...
8G Capital, Boutique Financial Advisory Firm Offers Citizenship by Investment
As the world becomes increasingly globalized, the demand for citizenship by investment (CBI) is on the rise. High net worth individuals are increasingly seeking to obtain...
Haiti’s foreign aid transitioned to fintech, but still hit roadblocks
More than a year after an earthquake rocked Haiti’s southern peninsula, Wilson Colin is still waiting for financial help. He had expected it to arrive quickly,...