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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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Global Fintech Funding Sets Record for First Quarter of 2021

In the first quarter of 2021, fintech’s around the world have collectively raised over US $22.8 billion in investments through 614 deals according to CB Insights. This amount is more than double what was raised in the fourth quarter of 2020. Also, this represents the largest venture capital-backed funding quarter ever. The first quarter 2021 …

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How Fintech Has Benefitted Latin America

Over the past few years, Latin America has seen an explosion of development in its financial technology sector. According to News America Now, it is one of the most successful and lively markets in the world. The countries in this region have welcomed these new innovations with open arms and in turn, have benefitted greatly …

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What Exactly Are Neobanks?

With fintech rapidly changing the way we think about our finances, including loans, payments, and credit cards to name a few, there’s no doubt that banking alternatives are sure to rise from the mud. With the pandemic devastating the world and countless people in treacherous financial troubles, the rise of this new system dubbed neobanking …

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Volt and Railsbank Announce Partnership

Volt is an Australian neobank service committed to helping customers save money when applying for a loan or taking on debt, without all the hidden fees and tricks of traditional banks. They have recently announced that they will be joining forces with UK based fintech Railsbank, which is designed to help make financial services more …

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Banking in 2021: Rebounding from the Pandemic

In 2020, traditional retail and commercial banking institutions globally were forced to hurriedly make changes to technology and their working models. The urgent need for virtual customer service and work-from-home systems exploded into the industry with no warning. Until then, traditional retail banks considered these endeavors as cost-prohibitive and risky although the digital banking trend …

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