Fintech

Fintech is a portmanteau of financial technology that describes an emerging financial services sector in the 21st century. Originally, the term applied to technology applied to the back-end of established consumer and trade financial institutions.

Money20/20 Europe Startup Winners – update

New York, NY – 26 Jun, 2017 – Exactly one year after winning Money20/20 Europe Startup Competition, James (a FinTech in Credit Risk, formerly known as CrowdProcess) returns to Copenhagen after closing an oversubscribed investment round led by Ex-Credit Suisse Board Member Gaël de Boissard. This round also included ex-Deutsche Bank COO, Henry Ritchotte, and BiG …

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Never Underestimate The Influence Of P2P Lending

The unprecedented penetration of internet across the globe that is allowing borrowers to seek funds is propelling the global peer-to-peer lending (P2P) market. Technological advancements that are permitting users to have a smooth access to interfaces that offer quick updates is also augmenting this market. The research report published by Transparency Market Research states that …

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Goldman Sachs invests £100m in UK consumer lender Neyber

Goldman Sachs invests £100 million in UK fintech Neyber. Neyber works with employers to let staff borrow money then repay through salary deductions. Founded by two former Goldman bankers and an ex-Credit Suisse banker. Inspired by Sou-Sou, a traditional West African saving club used by CEO’s mother. The founders of Neyber, from left: Ezechi Britton, Monica …

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Neyber pockets £7.5m in second round of funding

Disruptive consumer finance and wellbeing platform Neyber has raised £7.5 million at the closure of its series B funding round, bringing the company’s total capital raised to date to £18 million since its inception. Leading investors from the financial services sector have joined the company’s investor base; with former Deutsche Bank COO, Henry Ritchotte, and …

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Morning Coffee: Never quit banking without first doing this.

It’s possible that people have got banking careers all wrong. That instead of being about getting trained at a prestigious and highly-remunerative name whilst earning CV points, they’re actually about meeting people. – Meeting people and getting the sort of pedigree that will later allow you to borrow huge sums of money from them and …

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