Category: FinTech

  • Five key impacts of #Brexit five years on

    Five years ago, on 31 January 2020, the UK left the European Union. Not everyone is happy about this. The number of Britons saying the UK was right to vote to leave the EU has hit its lowest level since the referendum, ahead of the fifth anniversary of Brexit on Friday Right to vote to……

  • Things worth reading: 31st January 2025

    Things we’re reading today include … UK fintech jobs market booms Fintech Investment Director At Lloyds Banking Group Highlights Key Financial Technology Trends For 2025 Deutsche Bank profits collapse as German economy reels  A message from Christian Sewing on Deutsche Bank’s 2024 results Statistical release: BIS international banking statistics and global liquidity indicators at end-September……

  • Fintech startup Cushion shuts down after 8 years and over $20 million in funding

    Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul Kesserwani posted on LinkedIn about the decision to wind down the company at the end of 2024. In the post, Kesserwani said that “despite bringing multiple new fintech products to…

  • Who wants payments on X?

    As a long-term and dedicated user of facebook and twitter since the 2000s, it is weird to find that, today, they are no longer useful tools. The feeds are now stacked with Mark Zuckerberg updates, Musk propaganda and worse. The only tool that’s still useful is LinkedIn, although there are issues there too. So it……

  • European embedded banking startup Swan adds another $44M to its Series B

    French startup Swan has raised another €42 million (around $44 million at current exchange rates). The company considers this round as the second part of the Series B that was originally announced in September 2023. Swan helps other companies offer financial products at scale. The company can generate both virtual and physical cards that work…

  • Elon Musk now controls the American payments system

    I feel like a continual splurge of Musk is happening, ever since Donald Trump became President, but the latest is pretty worrying: Elon Musk is now in control of the Treasury department payments system that runs America. According to The Washington Post, longtime Treasury official David Lebryk is “expected to leave the agency soon”, despite……

  • Dub: the copy trading app that has teens talking

    Social media changed everything from news consumption to shopping. Now, Dub thinks it can do the same for investing through an influencer-driven marketplace where users can follow the trades of top investors with a few taps. Think of it as TikTok meets Wall Street. Founded by 23-year-old Steven Wang — a Harvard drop-out who began…

  • The Finanser’s Week: 27th January – 2nd February 2025

    This week’s main blog discussions include … Five key impacts of #Brexit five years on Five years ago, on 31 January 2020, the UK left the European Union. BBC Verify, the BBC’s fact checking service, just wrote a really interesting report on the impact. They cite analysis in five key areas: trade, immigration, travel, laws……

  • Is DeepSeek an inflexion point?

    Being an optimist, I always think the future is bright – is it orange or yellow and blue? – yet, when looking back into the past, almost every year has something happening somewhere that moves the world’s axis. It’s like my favourite quote from Vladimir Ilyich Lenin who, after the Russian Revolution in 1918, said……

  • Is DeepSeek an inflexion point?

    Being an optimist, I always think the future is bright – is it orange or yellow and blue? – yet, when looking back into the past, almost every year has something happening somewhere that moves the world’s axis. It’s like my favourite quote from Vladimir Ilyich Lenin who, after the Russian Revolution in 1918, said……