Will SoftPoS be the new global payment mechanism?

SoftPoS stands for Software Point of Sale. If you lived in parts of the world outside of the US, you would have come across contactless payments. It made the payment experience seamless and almost invisible to the customer. As a result, in the UK for instance, by Q4 2018, contactless payments took over chip and […]

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Neobank bonanza downunder, as Xinja and 86 400 both launch

  Earlier this week banking history was made in Australia, with two new neobanks claiming a photo finish first to market. On Monday, within hours of each other, new banks Xinja and 86 400 both announced they were open for business. The launch of both businesses marks a significant milestone for the fintech sector downunder, […]

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The Rise of Vietnam – the new Asian Innovation hub

Poor existing banking infrastructure? No major Unicorns from the local ecosystem? – No problem. The rise of Vietnam as an innovation/Fintech hotbed is a fascinating trend. A tech savvy population, supportive government regulations, and high smartphone penetration – a great combo that has done wonders to several countries across the world. Image Source Vietnam ranks […]

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Fintech’s need to watch their digital backs – short-term lending banned by Google

For many fintechs, the obvious barrier to competition has always been the banking incumbents, who in the past have religiously denied access to financial infrastructure, or used regulation as a weapon in the fight to prevent fintech startups gaining a foothold in the market. But the sands are shifting, incredibly fast. Today, a new and […]

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Tala’s $110 Million raise – late stage VC feels like a House of Cards

We live in a world where we often have to wonder what the balance between promise and performance is. It is especially critical to see the distinction in a space where Billions of dollars is being pumped into. “The promise to provide lending solutions brings in more capital at higher valuations than lending itself” – […]

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$144 Billion value to Sub Saharan Africa – Mobiles lead Fintech for Good

If you joined the Fintech party only this year, and feel you missed on riding the curve – don’t worry. Sub Saharan Africa is where all the Fintech excitement is at the moment. In 2018, Fintech investments in Africa quadrupled to $357 Million. Image Source This is tiny compared to the Billions being invested in […]

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Klarna’s $460 Million raise and US ambitions – is an IPO coming?

Late stage venture capital deals and funding have been growing rapidly over the last three years. The most recent European Fintech to hit the headlines with yet another multi-Billion dollar valuation is Klarna. The “Buy now Pay later” payments company raised $460 Million at a massive $5.5 Billion valuation. My immediate reaction to the numbers […]

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Australia’s largest bank to spend $5B on technology

As a fintech, how do you compete with an incumbent’s AUD $5B war chest, specifically set aside for technology innovation? It’s a question a number of Australian fintechs and neobanks will be grappling with this week, after CBA, Australia’s largest bank, announced it is doubling down with its billions, in order to cement and entrench […]

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Friendly fintech MoneyLion lands $160 million in fresh funding

Who doesn’t love being part of a club? Most of us are suckers for anything that looks and feels a touch exclusive. Frequent Flyer points are probably the most obvious example of this in practice, alongside the coveted airline lounges, and their tiers of exclusivity and privileges. What if banking was a club, rather than […]

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