China: WeiyangX Fintech Review

Top Story

PBC Releases Implementation Measures of the People’s Bank of China for the Protection of Financial Consumer Rights In order to accelerate the building of a full-fledged mechanism for the protection of financial consumers’ rights and interests and protect the long-term and fundamental rights of financial… Read More

Apple Says New EU Legislation Requiring it to Open Up its Apple Pay Tech to Third-Parties would Compromise Security

Apple (NASDAQ:AAPL) recently noted that new legislation might require that it opens up its proprietary Apple Pay technology to various third-parties. The tech giant, which recently became the world’s first company to surpass the $2 trillion market cap mark, claims that allowing others to closely… Read More

SPAC: Mark Schwartz from EY and Fintech Advisor Efi Pylarinou Explain how Special Purpose Acquisition Companies Provide Better Access to Capital

Mark Schwartz, MD at Ernst & Young Capital Advisors LLC, Equity Capital Markets Advisory, has explained how (special purpose acquisition company) SPAC mergers can help companies with accessing better financing deals or options. Schwartz noted that the growth of SPACs gives private business owners an… Read More

Jay Hao from Digital Asset Exchange OKEX Discusses What May Qualify as “Fair Launch” for Token Distribution

Jay Hao, CEO at OKEx, a leading cryptocurrency exchange, notes that it seems everyone in the blockchain space is talking about carrying out a “fair launch.” He goes on to ask, “what exactly is ‘fair launch’ and is it a better model for token distribution?”… Read More

Payments Platform Nium Teams Up with Neobank Aspire to Enable Google Pay

Singapore-based payments platform Nium has partnered with Aspire, a neobank for businesses, in order to enable payments with Google Pay. Aspire claims that it’s the first business neobank to launch in Southeast Asia. The company announced its plans to go “plastic-less” by issuing corporate Visa… Read More

SEC Issues No Action Letter to FINRA Regarding ATSs and Digital Asset Trading

The Securities and Exchange Commission (SEC), Division of Trading and Markets, issued a no-action letter to FINRA yesterday afternoon that impacts certain trading platforms that serve as markets for digital assets that are securities. FINRA is a self-regulatory entity that coordinates with the SEC regarding… Read More

Global ID Verification Firm Trulioo Recognized as One of Canada’s Top Growing Companies, after Recording 503% Growth in 3 Years

Trulioo, an on-demand global identity verification company, has been recognized on The Globe and Mail’s second-annual ranking of Canada’s 2020 Top Growing Companies – which ranks companies based on their three-year revenue growth. As mentioned in a release shared with CI, Trulioo recorded three-year growth… Read More

Binance Alum Fetch.ai, a Blockchain focused AI Firm, to Support Application Developers with Autonomous Economic Agent Registry

AI and machine learning network Fetch.ai has unveiled an outcome of its developer engagement project, which aims to make it easier to develop applications and related services on top of the Fetch.ai network. The Fetch.ai team noted that they’ve built what they call an “Autonomous… Read More

Marketplace SaaS Platform Mirakl Secures $300 Million Through Latest Investment Round Led By Permira

Mirakl, a marketplace SaaS platform that empowers both B2B and B2C organizations to launch and grow an enterprise marketplace at scale, announced earlier this week it secured $300 million through its latest investment round, which was led by  Permira, with participation from long term investors… Read More

Integrated Payment & Commerce Solutions Provider Paya Announces Partnership With SaaS Firm CoverMe

Paya,  a U.S.-based integrated payment and commerce solutions provider, announced earlier this week it has formed a partnership with CoverMe, a Software-as-a-Service (SaaS) application for hospitals and long-term care providers. Paya reported that through the partnership, CoverMe will increase efficiency for healthcare providers in processing… Read More

Impact Investing: Sophie Robé and Maarten Toussaint from the Netherlands Launch Consulting Firm FINND Impact

Sophie Robé, CFA and Impact Investing Adviser and Investment Consultant from Amsterdam, Netherlands, has confirmed the official launch of FIIND Impact, which is described as an independent investment consultant and advisor that aims to strategically combine impact and financial expertise. FIIND Impact aims to help… Read More


Invesdor Launches Updated Website, Looks to Target DACH Countries

Invesdor, an investment crowdfunding platform based in Finland, has relaunched its website and branding. In recent months, Invesdor has had a change in leadership as founder Lasse Mäkelä stepped down as CEO to be replaced by Günther Lindenlaub. Invesdor completed a significant merger with debt-based… Read More

No Code Integration Company Digibee Co-Founder Says Open Banking Is Revolution that Could Streamline Financial System

  Rodrigo Bernardine, Co-founder at Digibee Inc, a company that aims to connect enterprises to the world 10x faster with “No Code” Integration methods, claims that Open Banking is a revolution that could streamline or enhance the existing financial system. He notes that banks require… Read More

Diners Club Italia Partners Milan’s FinDynamic to Offer New Fintech Tool that Supports Supply Chains

Enrico Vigano, CFA and CEO and Founder at FinDynamic (from Milan Area, Italy), notes that a new Fintech tool has been introduced which aims to support supply chains. Vigano confirmed that Diners Club Italia and FinDynamic (a company offers an “innovative form of supply chain… Read More

Chime CEO Chris Britt Discusses Recent Funding Success & Future Plans With CNBC

  Following the recent announcement that app-only banking service Chime raised $485 million through a Series F round, CEO of the company, Chris Britt, sat down to discuss the funding round, as well as Chime’s future plans. As previously reported, Chime is on a mission… Read More

Digital Banking Service “One” Makes Debut

One, a U.S. digital banking startup, announced earlier this week it has officially launched its services. The company reported it is on a mission to “redesign banking for modern life” by combing digital banking with a full suite of products that traditional banks offer. Created… Read More

Reserve Bank of India Releases New Cybersecurity Report which Outlines the Technology Vision for Local Banks

The Reserve Bank of India (RBI) has released a new report, titled “Technology Vision for Cybersecurity for Urban Co-operative Banks – 2020-2023.” The RBI notes that the document makes recommendations or suggestions on how to improve the nation’s cybersecurity infrastructure of its urban co-operative banking… Read More

Low Taxes, Business Friendly: Wyoming Welcomes Economic Growth Including Blockchain Firms

Wyoming is one of several US states that does not assess a state income tax. In the past few years, there has been an exodus of both individuals and companies to these business-friendly states as people vote with their feet. Wyoming is also one of… Read More

Digital Financial Services Firm Konfio Obtains $58.8 Million Credit Line to Help Mexican Women Access Financing Options

For the first time ever (in September 2019), giant Wall Street investment bank Goldman Sachs’ (NYSE:GS) structured finance division provided a $100 million secured credit facility to Mexico-based Fintech startup Konfio Ltd. As reported last year, the funds were to be directed toward Konfio’s business… Read More

Ocean Protocol Founder Explains that Ocean Market, a Data Marketplace, Supports Automatic Determination of Price Using Balancer powered AMM

Trent McConaghy, Founder at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, explains that the Ocean Protocol aims to “equalize the opportunity to access and monetize data.” According to McConaghy, data marketplaces… Read More

Send this to a friend