Venture Capital and the Innovation Economy: Key Takeaways from H2 2023's Market Report by SVB
There are 622 Tech Unicorns in the US. Only 13% are profitable, 38% have implemented layoffs, and 49% will need to raise funds in the next 2 years.
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Beyond the Hype: What Adyen's Share Slump Tells Us About FinTech's Future
It's evident in the valuation tales of FinTech giants from Adyen to PayPal to Block. These enterprises, once flaunting a market cap that overshadowed many European banks, witnessed a value erosion of over 70% since August 2021.
UPI-ATMs: Is it the beginning of the end for debit cards?
Good morning!
Because it’s almost weekend I’ll keep it short 😉
I found this interesting video:
Last week, Hitachi Payment Services launched India’s first UPI-based ATM at the Global Fintech Fest in Mumbai.
These white-label UPI-ATMs, launched in partnership with the National Payments Corporation of India, allow customers
Real-time payments are the backbone of modern economies
Central to the thriving FinTech ecosystem are real-time payments, which have rapidly become the gold standard in numerous markets.
Governments worldwide are rallying behind the potential economic upliftment facilitated by these immediate transactions.
FinTech super-app Rauva is to acquire the bank Banco Empresas Montepio for around €30m
Today we have some big industry updates from Europe. Let’s start with breaking news from Portugal where FinTech super-app Rauva is to acquire the bank Banco Empresas Montepio for around €30m, advancing its business solutions.
Redefining SME Banking: A Deep Dive into OakNorth's Success Story
In the realm of SME banking, few names have become as significant in recent years as OakNorth.
This institution, by leveraging digital advances and a unique ethos, has redefined what it means to be a contemporary bank in this age of digitization.
Understanding Open Banking Payments
Open banking payments utilize Application Programming Interfaces (APIs) to execute direct transfers between banks.