Browsing Tag:fintech

chinas-fintech-giants-are-hitting-roadblocks-in-planned-listings-at-home
An employee walks through the campus of the headquarters of Ant Group Co. in Hangzhou, China on Wednesday, January 20, 2021.Qilai Shen | Bloomberg via Getty ImagesMonths after the sudden suspension of Ant Group's much-anticipated double listing, China's financial technology companies are struggling to go public in the mainland, analysts told CNBC.According to Ringo Choi, EY's Asia-Pacific IPO...
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british-fintech-start-up-truelayer-raises-70-million
Francesco Simoneschi, CEO and co-founder of the British fintech start-up TrueLayer.TrueLayerLONDON - UK financial technology start-up TrueLayer claims to have raised $ 70 million in new funding, underscoring investor appetite for fast-growing fintech companies.With TrueLayer, fintech apps such as Revolut and Freetrade can be linked to customers' bank accounts using APIs or application programming interfaces. This means that...
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fintech-is-coming-into-the-mainstream-from-the-pandemic-j-p-morgan
With the pandemic increasing the demand for alternative assets, JP Morgan Securities' Joyce Chang sees a new dynamic in the cryptocurrency space: a battle between banks and fintech."Fintech is entering the mainstream due to this pandemic as the demand for digital services has really increased - fewer in-person transactions," the company's chairman of global research told CNBC's Trading Nation...
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reform-listings-rules-to-boost-uk-fintech-post-brexit-kalifa-review
Monzo and Starling banking apps icons on a smartphone.Adrian Dennis | AFP via Getty ImagesLONDON - Britain should reform listing rules and visa applications to allow its £ 11bn ($ 15.3bn) fintech sector to thrive post-Brexit, a government-commissioned review said Friday.The UK is one of the world's leading players in fintech, with $ 4.1 billion in venture capital...
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jpmorgans-call-for-the-stock-market-spacs-fintech-rivals-and-ceo-succession
If anyone is expecting a winning lap on Wall Street, it's Daniel Pinto.The head of JPMorgan Chase's massive corporate and investment bank has a year to record: Pinto's business posted $ 49.3 billion in revenue and $ 17.1 billion in profit in 2020, more profit than the three other JPMorgan businesses.But Pinto, one of two key representatives of CEO...
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