Qonto is an online bank focused on SMEs, startups, entrepreneurs, associations, and freelancers. Their ambition is crystal clear: build the best business finance solution, by harnessing technology and design. And by offering fair and transparent pricing. Launched in 2017 in France. By Alexandre Prot and Steve Aravi, with the objective to save their customer time
Brandon Gell founded Clyde Technologies back in 2017. The American fintech connects small retailers to insurance companies to launch and manage product extended warranty. Clyde has raised a total of $58M in founding over 5 rounds and 19 investors. Their latest funding was on October 19, 2021, from series B round. The startup leverages technology
Russian’s invasion of Ukraine has intensified uncertainty in the world economy. The European Union, the United States, the United Kingdom, France, Canada, Japan, Australia, New Zealand, and Taiwan already announced some restrictive economic measures to target Russian financial institutions and individuals. The controversial decision to disconnect Russia from SWIFT (Worldwide Interbank Financial Telecommunication), which connects
One of the areas that FinTech are innovating is helping their users to learn how to manage their finances. This is a very import subject, knowing that these digital platforms are making financial services more accessible to previously unbanked people. These apps will help you to prepare and plan your monthly budgets and savings in
Klarna Bank AB was founded in 2005 in Stockholm, Sweden. The bank provides online financial services such as payment solutions for online storefronts, direct payments, post purchase payments and more. Their statistics are: Total active customers: 90m Total number of merchants: 250k Number of transactions per day: 2m Number of employees: 3.8k Presence: 17 countries Klarna
The global average cost of sending $200 remained high, at around 6.4% in the fourth quarter of 2020, while the highest-cost corridors averaged 13%, according to the World Bank’s Remittance Prices Worldwide database. Reducing migrant remittance costs to 3% or less and eliminate remittance corridors with costs higher than 5% by 2030, is part of
We let you spend abroad directly from your existing bank account at fair rates and without charges." - Currensea Currensea was founded in June 2018 by Craig Goulding and James Lynn. These two have an impressive history with Foreign Exchange (FX) and open banking. Currensea was made for those who spend a lot of time
Desde comienzos del 2018 la Unión Europea inicio sus esfuerzos por promover el sector de tecnologías financieras (FinTech), su importante desarrollado en los últimos años ha traído innovación y apertura en los servicios financieros. La dirección de servicios financieros de la Comisión Europea inicio la adopción del FinTech integrando iniciativas específicas, tales como: Permitir a
Onyze, a Spanish FinTech startup which was founded in 2018, solves a common problem for cryptocurrencies. Although cryptoassets are secure and are not hackable, your private and public keys are. These are the ‘passwords’ which allow you access to the wallet which holds your crypto. Nearly 7,000 people lost more than $80 million between October
GAFA & FinTech - Is There Potential? With all the recent innovation in the FinTech sector, a question is still left unanswered – what will GAFA (Google, Apple, Facebook and Amazon) do? They have access to an unthinkable amount of data, cutting-edge technologies including cloud computing, AI and machine learning to leverage big data, a
