Earlier this week China’s central bank, The People’s Bank of China, said they would be accelerating infrastructure development for its own financial technology, this includes big spending to upgrade its data centers and the network linking all of the central bank’s offices and branches, and comes along with creating a “central bank cloud” by the …

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 …

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 …

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 …

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 …

Over the past two years we have seen the valuations of the United States most valuable venture capital backed fintech companies soar. As of March 19th, 2021, a total of six financial technology companies were among the country’s top 20 most valuable venture capital backed companies, with a combined worth of US $145.1 billion, up …

While discussing European fintechs, it’s quite easy to mention some of the same biggest startups in the game, such as Adyen, Monzo, Stripe, and Nexi just to name a few. But the European Union is actually home to hundreds of other interesting startups that usually don’t get the proper recognition they deserve, which can be …

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 …

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 …

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 …