The Front Page of Global Fintech

The the largest fintech community in the world. Subscribe to our newsletter to stay up to date on the latest in news opinions, and all things financial technology.

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The Front Page of Global Fintech

The the largest fintech community in the world. Subscribe to our newsletter to stay up to date on the latest in news opinions, and all things financial technology.

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Hello Fintech Friends,

If you aren't signed up for our fantastic international editions, you should check them out!

UK Travel Rule is incoming- TWIF UK & EU (28/08)
TWIF UK & Europe - The latest fintech news across the UK and Europe
TWIF Latam August 28 - 🇧🇷 Nomad raises $61 billion in series B, 🇨🇴 Num Finance launches Colombian peso stablecoin
$110 million in fintech funding (equity) Hola amig@s fintech, Exciting news awaits in this week’s update! First off, a quick reminder about our upcoming Fintech Trek in Mexico City this October. Don’t miss out - apply now. Secondly, mark your calendars for Finnosummit Mexico 2023 on Septemb…
Falcon presents Mumbai Fintech Happy Hour | TWIF - 27th Aug, 2023
Hi fintech friends, Osborne here! Please enjoy all the news and updates from the past week in today’s edition. If you feel TWIF brings you value, please share it with your friends (and maybe suggest they subscribe too). Subscribe Now ✨ Falcon presents Mumbai Fintech Happy Hour - 5th Sept,

Please find another week of fintech exits and deep reads below. (👍👎 Have feedback for us? Let us know!)

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📖 Read of the Week

This week, Barclays’ Rise fintech arm published Money in the age of tech, about the evolution of money and how changes in its physical forms and uses (paper versus digital) will reshape the ways in which we do business.

☯️ Exits
💻 IPOs & SPACs

Lending startups such as Happy Money and Sable are quietly seeking acquirers, as rate hikes make borrowers less likely to take on loans and provide alternatives for investors.

🤝 M&A - Fintech
  • Internet giant Yahoo! may have one or two more fintech tricks up its sleeve, with an acquisition of social stock trading app CommonStock for an undisclosed amount.
  • Moniepoint, a Kenyan provider of credit, payment, and banking services to small businesses, acquired Kopo Kopo, a company offering payments services and credit.
  • German digital consumer lending platform auxmoney acquired a majority share of Dutch consumer credit marketplace Lender & Spender.
  • Velo Payments, an open banking platform provider, acquired payments software Yapstone.
  • UnisLink, a provider of revenue management software for independent physicians, acquired AQREVA and Doctors' Resource Specialists.
  • Trading Technologies, a capital markets tech provider, acquired Abel Noser Solutions, a provider of transaction cost analysis for investment managers, brokers, and asset owners.

🏦 M&A - Bank and FinServ
  • Goldman Sachs is exploring selling off the the investment advisory business it acquired four years ago through United Capital for $750 million. The group now supervises about $29 billion in assets. This comes as the investment bank retreats from its products servicing mass-market consumers.
  • Telco giant Orange sold its Romanian banking unit off to regional bank Alpha Bank.
  • Asset management giant Fidelity is considering selling off its €35 billion fund platform, which offers advisers access to thousands of funds and ETFs.
  • Thailand’s second-biggest bank, Kasikornbank, is in talks to buy Vietnamese consumer finance provider Home Credit Vietnam for $1 billion.
  • Australian bank ANZ Group and Suncorp Group filed applications to review the decision of Australia's competition regulator to block ANZ's $3.2 billion buyout of Suncorp's banking arm.

🌎 Fintech Around the World

Nigeria’s currency devaluation is a disaster for startups

Building FinTech Ecosystems and Investing in MEA

Empowering Growth and Inclusion: The Regulatory Framework for Blockchain in Developing Countries

📚 Deeper Reads & Features

The Opportunity for U.S. Fintech is by No Means Over. In Fact, It’s Just Beginning.

Chubb Predicts Bull-Run In Digital Offerings As 'Digital Wallet Race' Heats Up

The Smallest Bank in Tennessee Grew Fast With BaaS. Why It May Give The Entire Industry A Hangover.

Using a Credit Card? At These Restaurants It’ll Cost You.

% of Fintech Brands with Multiple BaaS Bank Partners

Neobank Naming with Your Pals, Roger, Dave, and Albert, and New Rewards

Embedded Payments Build New Business Models That Challenge Competitive Norms

Taking credit for building credit with Roger Morris, ex-COO Zoro Card

How fintech company Marqeta is using AI to help consumers

Emerging Fintech: Powering the Indian startup ecosystem through Venture Debt

Advance of the AI adviser: machine learning’s role in managing fortunes

A Look at the Growing Use of Generative Artificial Intelligence and Chatbots in Consumer Financial Services

The ECB needs to measure the impact of the digital euro on the euro zone's banking system before any final decision

Boston couple’s dog eats passport days before wedding in Italy

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