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Goldman Sachs Extends Credit Line to Brazilian Fintech

New York-Based Goldman Sachs Group extends credit line for a massive 1.5 billion Brazilian reais or US $270 million to Open Co, a Brazilian Fintech that specializes in making unsecured loans to individuals throughout the country. The major Wall Street bank is providing a billion of the reais while the rest will be raised from …

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Fintech Startup Paystack Scammed In Africa

Online scams have been around for practically as long as the internet has existed. Everybody remembers the free iPads, cruises, and hotel visits we won and could claim by just entering our credit card and social security information, seems legitimate right? It didn’t take long for scams like that to get widely recognized and mostly …

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Prime Fintech Stocks for the Next Decade

It’s no secret that the world is shifting more towards a complete digitalization in almost every aspect of our lives. Many of us find ourselves sucked in the world of social media for hours every week, making purchases on Amazon that arrive on our front door steps by the next morning, and conducting many of …

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Bank of England to Dedicate Team to Digital Currency

Ever since its secession from the EU on January 31st, 2020 in Brexit, Britain has been working hard to make sure it remains competitive as a global fintech leader. Since then they have announced that they would be using Lithuania in a mutual agreement to obtain licenses and use their “sandbox” for product testing in …

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British Fintech Startups Raise Over €2.4 Billion

The British fintech market is perhaps one of the most fascinating hotspots for global fintech over the past few years, but especially since the pandemic hit. Once Brexit went into effect on January 31, 2020, the UK has been fighting to retain its powerful position in the European fintech market in perhaps unconventional ways. Earlier …

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Why Bitcoin is Kilometers Ahead of Other Cryptocurrencies

It’s no secret that perhaps the most well-known and expansive area of fintech that has been gaining attraction over the past two years is cryptocurrency. Early this year, billionaire Tesla CEO Elon Musk made an announcement that he purchased approximately €1.3 billion worth of bitcoin and has plans to make it an accepted currency for …

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Colombian Telemedicine Startup, 1Doc3, raises US $3 Million

In the United States and Europe, the pandemic has made telemedicine visits to your doctor more commonplace than ever before. Unfortunately, in Latin America, this is not the case where widespread internet is not available as well as it becoming more and more difficult to reach your primary doctor when you’re feeling under the weather …

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