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Jack Ma Tells Chinese Regulators Ant Group Not A Bank

PYMNTS

The IPO is being led by tech teams at most of Ant's underwriter banks, rather than by finance teams, Reuters writes, meaning that the classification as a tech company has merit. Ant, formed in 2004 as Alibaba's payments processor, also works to connect China's borrowers and lenders and can secure short-term loans in minutes.

Groups 196
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web 2.0, the 2000s and lovely jubbly, social networking

Chris Skinner

Blog platforms like WordPress and Typepad emerged in 2003; Facebook launched in 2004; and YouTube a year later. I was the keynote alongside various banking alumni, and talking as usual about the future of finance. Then not a great deal happened until the internet became social. The era of the social web began. billion.

Training 213
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players.

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The Rise And Fall Of Faster Payments Fraud

PYMNTS

Back in 2004, fraud was on the rise globally. Digital fraud was a new beast, and people didn’t know any better than to be tricked by phishing emails that today would raise red flags for even the most technologically illiterate consumers — sketchy email addresses, poor grammar and those classic sob stories from Nigerian princes, to name a few.

Fraud 123
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The 134 Fintech Unicorns of the 21st Century (Jan 2021 update)

Fintech Labs Insights

The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. It is the 7th fintech unicorn based in India, and the 4th most valuable. Divvy : Two Utah companies became unicorns this month. Founded in 2016, Divvy landed on the unicorn list at a $1.6B Value Date. 2-feb-2021.

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The 140 Fintech Unicorns of the 21st Century (Feb 2021 changes)

Fintech Labs Insights

To qualify, a company must have been founded in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. Related: Startup of the Week: Zeta Focuses on Financial Management for Couples. Value Date.

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The 260 Fintech Unicorns of the 21st Century (Oct 2021)

Fintech Labs Insights

Value ($B). Value Date. Sub-Category. 5 Nov 2021. 5 Nov 2021. Ant Technology. 2018 round. 5 Nov 2021. Nov 2018 transaction. 5 Nov 2021. 5 Nov 2021. 5 Nov 2021. Secondary market May 21. Credit Karma. Sep 2021 round. June 2021 round. Netherlands. Nov 2021 round. Estimate based on 2021 IPO value. Mar 2021 round. Zepz ( WorldRemit ). Q2 Holdings.

Fintech 15