The banking industry is under siege; a suboptimal macroeconomic environment combined with increased regulatory governance has resulted in EU banks being unable (on aggregate) to generate returns above their cost of equity since the financial crisis. However, despite the emergence of ‘omnichannel capability’ (Telephone and Internet Banking), low interest accounts (lower for longer) and increased
There has been a silent revolution going on in the background, and that's of open banking. One-by-one as banks comply with PSD2 regulation (explained below), more FinTechs are coming up with new products leveraging this new access to data and authorisation authority. Read on to find out which startups have entered this space and to
Remittances Overview Remittances are commonly defined as the practice of foreign workers sending money across borders to relatives back home. Annual remittance flows to low & middle income countries reached a record USD 554 billion in 2019... As of Q3 2020, the global average cost of sending $200 is approximately 6.8%. Whereas remittance costs across African
Los continuos avances tecnológicos en Big Data, pagos, divisas digitales y las nuevas soluciones de infraestructura bancaria seguirán alumbrando y propulsando nuevas empresas FinTech. La rentabilidad de los fondos de inversión FinTech La mayoría de los fondos especializados en empresas del sector FinTech han batido ampliamente a los principales índices bursátiles en 2020, demostrando la
Beka AM ha logrado levantar un total de 60 millones de euros en el cierre definitivo de su fondo de capital riesgo Cuanimen Social Impact Fund. La fidelidad y la confianza de los partícipes de fondos anteriores constituyen la base del proyecto, pero un enfoque novedoso, que combina la inversión en empresas de impacto social
