Fintech

Blockchain Oscar is a Startup Competition, which will be held in two rounds. The first one took place online for three days on March 2-4.  These exact startups will join the the second and final round of the competition, which is to be held on the Main Stage of BlockShow Europe 2017 on April, 6. During this part of Blockchain …

Bitcoin, the world’s leading cryptocurrency, has certainly entered 2017 flying — the price is 1245 USD on March 14th (according to CEX.IO exchange). The price of the revolutionary digital payment method has already exceeded its all-time record value. Driven by Japan’s apparent warming to the currency, a pending decision over the approval of a BTC exchange-traded fund (ETF), and a …

Slush, the largest startup event in the Nordics, took place in the “death month” of November in Helsinki. With over 15,000 attendees comprising 1,700 startups, the array of new companies and technologies can be dizzying.  From the SLUSH 100  pitching competition to the 240 demo booths, here are 5 startups that caught our eye.   FairStart FairStart is a startup …

Blockchain technology is becoming more and more demanded worldwide, and today we all have a unique opportunity to witness “the biggest innovation after the Internet itself” gaining a growing number of implementations – both within and outside the financial sector. This significant process inevitably goes hand in hand with massive informational support – and, consequently, cross-industry popularization of Blockchain. And …

From Spar Nord announcing a new fintech collaboration with Rocket Labs in Aalborg to the central bank in Norway considering blockchain for real time clearing and settlement for domestic payments among other things, it is clear that fintech is making solid progress in the Nordic banking industry. These developments are in lockstep with the rest of the financial world, as …

The first ever Helsinki Blockchain Conference 2016 will take place at Microsoft Flux open space, and will be the first high-profile, dedicated Blockchain event in Nordic Region. Blockchain is hailed as one of the most revolutionary technologies of the past few decades. Right now the industry is experiencing an intense influx of investment – the volume of funds invested in …

Financial Technology, also known as FinTech has made robust strides over the last five years. It is becoming a pivotal part of the global economy. Being the technology that is meant to make financial services more efficient and effective for all, FinTech is just getting started. We should expect more growth in the sector, this fiscal year, and the rest …

Creamfinance, a smart data powered lender has recently expanded its operations to Denmark, their sixth market entry in a span of 4 years since inception. The company headquartered in Poland has also seen steady healthy spikes in their ‘Principle Lent’ over these years. In 2015, this metric was Euro 60 millions with a CAGR of over 90% and this is …

Music, tech, politicians, finance – they all want the same thing:  the hearts and minds of millennials.  In the rapidly developing fintech world, millennials are often a driving force working behind the scenes and pushing traditional financial institutions to veer away from the cumbersome, expensive, in-person interactions of old. By Morgan M. Davis The app economy especially is “largely driven …

Little by little financial technology (FinTech) entrepreneurship has been chipping away at the once mighty banking industry, threatening to turn it into brick-and-mortar shell of its former self. Piqued by widespread frustration with impersonal services and fee bombardment, tech-savvy customers have been abandoning traditional banks in favor of digital banking services. Today’s consumers and business owners want banking services they …

At Infoshare 2016, Richard Kastelein, of Blockchain News  shared a beginners guide to blockchain, and why this technology will change the way we do business – and how the principles of blockchain are actually older than you think. Over the next 10 years, blockchain technology will change the way we do business.  Although it is not a magic bullet, it …

The UK and Singapore regulators are joining forces to form a so-called “fintech bridge” in a bid to both bolster Singapore’s fintech credentials and strengthen UK links to Asia.  The Nordics, which are competing with Singapore to become the next fintech hub, will surely be left in the dust. In a joint statement with the UKs Financial Conduct Authority (FCA) …

Fintech is one of the biggest buzzwords in tech right now.  Check out the below infographic to see how exactly how fintech is going to disrupt the financial world, including the best accelerators and investors, the leading fintech hubs, and global fintech investments. This article was compiled based on research by Dr.Discount, the Dutch number one source for online coupons …

Fintech is increasingly changing the way business is done globally. For the first time in history, both start-ups and established businesses have easy access to alternative sources of finance. Check out the below infographic on 10 statistics about fintech that will blow your mind. Fintech, or the provision of financial services through technological devices, has made it easier for borrowers …

A common claim that comes at the crossroads of technology and finance is that eventually most people will be replaced by machines.  It’s not a matter of “if”, but “when”.  But is it that simple? By Andrew Woodman Inevitably, the topic of robots vs humans came up during a panel discussion in an event hosted by the Hong Kong Computer …

COCOA Invest founders Omar Shaikh and Lars Buur think the Nordics are often overlooked and under-served when it comes to personal finance. A London native, Omar sought to bring some of his expertise from his homelands financial sector to the Nordics.  He began collaborating with Lars, who was based in Denmark, and COCOA Invest was born. While they were both …

The who, what, where, and when of the fintech industry today can be found in this excellent infographic put together by Banking Tech.  Find plenty of useful data, including the top specialists, uniforms, startup ecosystems, and acquisitions.  

It is a relatively nascent segment within the broader fintech sector, but investments in insurance-tech have soared in the first quarter of 2016.  Is insurance-tech the next big thing? According to CB Insights, the first quarter of 2016 saw early stage investments break all previous records for the same period in previous years.  Over $55 million has been invested in …

As Money2020 Europe, the largest fintech event in Europe, winds down this week, we take a deeper look at what makes a successful fintech hub.  The Nordics are competing for the mantle of best fintech ecosystem. Should London, the current frontrunner, be worried? The UK currently occupies one of the top positions within fintech hubs, but they cannot afford to …

As London continues to gain dominance as the undisputed fintech capital of Europe, we look at some of the contributing factors for this success and what lessons aspiring fintech cities can learn from their example. The UK fintech sector accounted for more than £6.6 billion in revenue in 2015 and attracted over £520 million in investment over the same period. …