By Jason Hulott | Fintech News
London-based Fintech company TransferWise continues to go from strength to strength, posting record post-tax profits for the third year in a row. By the end of its current financial year, the company posted £10.3 million in net profit, increasing last year’s strong performance by 66%. At £179 million, turnover has risen by some 53%. CNBC. […]
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By Jason Hulott | Fintech News
While the surge in new Fintech companies is fuelling a boom in cashless payments, traditional banks appear wary of joining the fray. They fear of losing trust in their brand and the service experience customers typically enjoy. Only about a half of banks plan to make full use of application programming interfaces (APIs). Fintech Global. […]
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By Jason Hulott | Fintech Marketing
Financial technology, Fintech, has only become possible since the adoption of digital technology. The term and concept entered the mainstream after the 2008 financial crash. Traditional institutions had failed, and the market was ripe for new technology-driven products. Big Data and AI may sound like buzz-words, but they have a role to play in the […]
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By Jason Hulott | Fintech News
The big payments processing company Stripe has launched a credit card for business account holders. This complements its growing package of online facilities, which recently saw the addition of business loans to its basic payments processing facility. Stripe. The UK’s Fintech banking service Monzo has launched a “blocking” service, which stops account holders overspending on […]
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By Jason Hulott | Fintech News
Following the discovery that half of all 22 to 29 year-olds have no savings at all, mobile bankers Tandem have launched a “Savetember” campaign to encourage young adults to save more. The bank is encouraged that mobile bankers are probably keener to save than others, with almost half of them saving regularly each month. Tandem. […]
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By Jason Hulott | Crowdfunding
There used to be clear paths to follow when raising business capital. You could speak to the bank manager, or if you needed more, you could try to get on the calendar of a Venture Capitalist. Either way, you’d present your idea, show your business plan, perhaps even show a product, and they would decide. […]
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By Jason Hulott | Crowdfunding
Are you looking for ways to raise 6 or 7 figure capital for your business. Crowdfunding can be a great way to do this for the right type of business with the right kind of product. But how will you know? And how will you make this a success? Nathan Rose, Author of Equity Crowdfunding […]
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By Jason Hulott | Bitcoin
Bitcoin was the first cryptocurrency, created in 2008 as a by-product of an attempt to create a viable digital cash system. It’s the best known, highest value and where most people’s brains go when thinking of crypto. Getting started with Bitcoin is simple but comes with caveats. This isn’t like managing your bank account online; […]
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By Jason Hulott | Fintech News
Facebook is currently under fire about the transparency of its digital currency Libra and the infrastructure that supports it. Despite investigations in the UK, USA, Canada, Australia, and several other countries, backers and supporters appear so far unperturbed by the degree of scrutiny. Fintech Global. A simple and easy to use insurance app – currently […]
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By Jason Hulott | Affiliate Marketing
So if you are considering an affiliate programme for your business in 2020, here are a number of options you can use to build your own programme.
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