The former chief executive of Barclays, Anthony Jenkins, believes the FinTech will disrupt the traditional banking industry over the next ten years.
US financial services company Robinhood has incorporated four companies, Quantopian, Rubicoin, StockTwits and Openfolio, to allow users of these platforms trade securities for free.
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.
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.
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
Bitcoin Group eventually rounds off its IPO next month at the third attempt.
New cryptocurrency, Voxel, will come to the market in the beginning of November.
Uphold, former Bitreserve, has announced the launch of new services and products.
Ripple has got several millions of investment from Santander and came up with a new protocol designed to increase transactions efficiency.
Student loans provider SoFi has raised $1 billion in a fundraising round led by Japanese company SoftBank.
Digital BTC, first-listed Bitcoin mining firm, announced that the company is leaving Bitcoin mining to focus on their AirPocket global remittance app.
Andy Haldane evaluates current economic situation in the world and underlines the potential of blockchain.