In today’s world, Fintech companies almost compete directly with in most areas of the financial sector to sell financial services to customers across the globe.
The Federal Council of the country initiated the consultation on amendments to the Banking Act and Banking Ordinance in the fintech area.
With fintech quickly gaining traction around the world, the University of Strathclyde in Glasgow is planning to launch the first fintech degree in the UK.
Сhartering financial technology companies that offer bank products and services is connected with increased interest and inflow of investments in the sphere.
The users of Number26 banking app will now be able to send money overseas via TransferWise platform.
Nowadays, the Fintech industry is becoming huge. So, the number of Fintech companies with VC investments increased from 276 in 2010 to about 1,000 in 2015.
The challenge aims at selection of the best financial solutions presented in several categories.
The fintech is getting more attractive for investors, with some of the most successful people on Wall Street are moving to this promising industry.
Tradier, the fastest-developing brokerage and cloud-based financial services API company, allows 100+ fintech firms to access brokerage services. The company’s end-users can place trades directly from their platforms.
The following list of the globe’s 10 most valued unicorns shows the huge potential of the fintech industry which is gaining recognition from one of the leading investors.
Аccording to a survey made by Silicon Valley Bank, fintech startups and investors state that regulatory hurdles may cause the biggest issue in the future.
Barclays, AIB and Standard Bank team up with FinTech firms through Matchi, a website linking worldwide banks with various digital pioneers.