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How Did the Pandemic Impact e-Commerce?

Many fintech sectors have been boosted by the pandemic and e-commerce is no exception. Due to extended periods of self-isolation, online shopping became more popular than ever before. Customers can order anything and everything online including food/beverages, cosmetics, toiletries, medicines, etc. Online shopping allowed customers to receive all of the products they needed while also …

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Is Europe Embracing CBDCs?

Many central banks spanning the globe have advanced the concept of the implementation of central bank digital currencies (CBDCs) in their regions. Interest has been demonstrated by the European Central Bank (ECB) and it has even released a report elaborating on the danger of not establishing CBDCs.  Recently, the Spanish Socialist Party (PSOE) of Spain …

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Fintech Funding During the Pandemic

The newest “Pulse of Fintech” report from KPMG Global has calculated the total investment amounts in fintech during 2020 across the globe. Investments through private equity, mergers & acquisitions, and venture capital have come to a $105 billion total across 2,861 deals. This figure is surprisingly lower than last year’s total investments at $168 billion. …

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Banks and Fintechs Begin to Collaborate

Many banks have recently announced their collaboration with fintech companies and many more are in the works. These collaborations are beneficial for banks because they will allow for services to be more customized to small- and medium-sized businesses (SMB). Additionally, by working with fintechs, improvements can be made on mobile applications the bank offers.  Credem …

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Manchester’s Rise on the Global Fintech Index

Manchester has proven to be a prime location for fintech startups with a ranking in the Top 50 on the Global Fintech Index (GFI). This ranking system categorizes cities based on the success of individual firms located within and the ecosystem more broadly. In 2021, Manchester climbed to the 34th place globally, which is up …

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Revolut Irishman Appointed to Lead Fintech’s European Operations

Joe Heneghan, Chief Executive Officer of Revolut Payments Ireland, has been appointed to take lead on fintech’s European operations. Heneghan will join fintech’s global banking team, taking on the role of Chief Executive Officer for Europe. Heneghan was appointed into this position after the prior CEO of Europe, Virgilijus Mirkes, chose to step down following …

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