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.
Deep Dives
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.
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.
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.
🏦 BaaS: The New Frontline in Global Banking Innovation
Banking as a Service has taken the financial world by storm.
Diverging from traditional white-labeled banking services, BaaS offers an innovative model built upon a plug-and-play API platform.
But what does this mean for the financial sector, brands, and consumers alike?
The Transatlantic Battle for Tech M&A Supremacy: Europe Leads in Volume, but the US Dominates in Size
In the ever-evolving landscape of global tech mergers and acquisitions (M&A), Europe has been a frontrunner since Q1’22, outpacing the United States in terms of deal volume.
Nonetheless, when it comes to M&A transactions valued at $100 million or more, the US remains the undisputed heavyweight.