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.
First 100 local business owners have already got Square readers.
Venture capital database CB Insights says 83% of the top fintech unicorns, worth more than $1 billion, are in the payments or lending sectors.
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.
Rootstock, a blockchain-based platform for implementing smart contracts, is in talks with The World Bank and other banks in Latin America to deliver its services for the globes unbanked.
Rakuten launches the Rakuten FinTech Fund with the aim of empowering great entrepreneurs around the world.
Top 10 FinTech startups highlight how FinTech is developing at a rapid pace. The sector is one of the fastest growing businesses in Silicon Valley. It represents 7.2% of the U.S. GDP and unlike the established traditional players like banks and brokerages, marketplaces have the ability to be nimble and efficient.
The UK authorities are ready to create favorable regulatory environment in the country.
Visa have introduced a new proof-of-concept that will make it easier for people to lease a car without leaving a vehicle, thanks to a combination of Visa, DocuSign and blockchain technology
NextBank is planning to launch a new bitcoin banking platform that will make it easier for bitcoin community to use financial services worldwide.