Remove 2017 Remove Fintech Remove Marketing Remove Operations
article thumbnail

German FinTech N26 Eyes IPO With Hiring Of New CFO

PYMNTS

German neobank N26 hired Dr. Jan Kemper as its new chief financial officer (CFO) as the Berlin-headquartered FinTech looks toward a future initial public offering (IPO). In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Its most recent valuation was $3.5

Fintech 254
article thumbnail

Morgan Stanley Goes After Brazilian FinTech Market

PYMNTS

Taking a page from Goldman Sachs’ book, Morgan Stanley is beginning to lend to FinTech startups in Brazil as it seeks more of a return on its investments. The Geru bonds, which the company issued in December of 2017, have a four-year maturity and pay about 11.2 percent each year, noted the report.

Fintech 116
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ICOs Are Already Revolutionizing Fintech, Moeda CEO Says

Bank Innovation

EXCLUSIVE—Investors don’t need to wait for Initial Coin Offerings to reach their full potential: this way of raising capital is already redefining how businesses in certain markets can operate, Taynaah Reis, CEO for cooperative banking system company Moeda told Bank Innovation.

article thumbnail

Singapore Provides ‘Springboard’ To Asian Markets For FinTech

PYMNTS

Singapore’s FinTech scene is booming: Funding for the burgeoning sector in the island country topped nearly a billion dollars in 2017, reaching $983.6 million in funding for FinTechs at the time. Singapore overtook Hong Kong in FinTech funding in 2016. million that year. Hong Kong, by comparison, saw $596.8

Fintech 107
article thumbnail

SXSW Accelerator Fintech Finalists for 2017 Announced

Bank Innovation

More fintech is coming to Austin. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others. The event is the 9th annual pitch session for SXSW’s accelerator.

Austin 150
article thumbnail

Key themes at Sibos 2017

Accenture

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models. Market infrastructure renewal.

article thumbnail

Banks Say FinTech Innovation, Not Regulation, Is Now Their Fiercest Market Pressure

PYMNTS

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Competitive Disruption.