Tagged: pwc

Japanese IB Nomura Opens Fintech Program in Mumbai, PwC, Google, IBM & Amazon Internet Services Join Effort

Japanese investment bank Nomura has set up a fintech program in India, inviting entrepreneurs in Mumbai to build new tools for capital markets. The Voyager partnership aims to give Indian fintech specialists access to Nomura’s resources at the Mumbai innovation centre, enabling them to test their ideas using… Read More

Will Incumbent Financial Services Self-Disrupt for Fear of Losing to Fintechs? PwC FinTech Report 2017 Delivers Insights

At the EXEC FinTech 2017 in Berlin, Jörg Sandrock, a Partner and Managing Director of Strategy& Financial Services Germany at global business consultancy PwC presented the results of PwC’s newly released FinTech Report titled “Redrawing the lines: FinTech’s growing influence on Financial Services.” Based on… Read More

PwC: UK Fintech Market Matures. Focus Turns to AI & Putting Customers First

A new report by the Startupbootcamp FinTech London program and PwC states that Fintech startups are increasingly focusing on building artificial intelligence and its potential to solve customer problems. The report says there has been a change in culture over the past year in the Fintech… Read More

PwC’s SME Equity Financing Atlas: There is an Investment Boom in SMEs

PwC’s Accelerator has published the first edition of their SME Equity Financing Atlas.  According to their data, equity investments in SMEs have been growing steadily over the last years. The main drivers are the accumulation of capital in investor’s hand, new technologies and low-interest rates…. Read More

PwC / CBInsights: US VC Backed Deals Tank in Q4 of 2016

In a discouraging sign, investment in venture capital backed companies tanked in Q4 of 2016. This is according to the PwC / CBInsights MoneyTree Report. Both deals and dollars sagged, 16% and 20% respectively. The report said the global market experienced a similar decline with… Read More

PwC Announces New Fintech Accelerating Program Startup Collider

PwC announced earlier this week the opening of its new fintech accelerating program, Startup Collider, which is described as a new initiative for nurturing and promoting the Central and Eastern European start-ups. The company stated it will provide the start-ups with a workspace within PwC network,… Read More

What to Expect for Marketplace Lending in 2017

Market credibility and an emphasis on better transparency will be two key factors for marketplace lending in 2017. 2017 will be a pivotal year for the marketplace lending (MPL) space as the market will seek stabilization in both confidence and venture funding, following a challenging… Read More

PwC Dives into Blockchain, Offering More Transparency with Vulcan

PwC launched earlier this month a new Fintech tool called the Vulcan Digital Asset Services, which digitizes everyday banking, commerce, and personal currency and asset related services.  Currently, specific services available include digital asset wallets, international payment processing, and investment and trading services.  In the near… Read More

PwC & Crowdfunding Centre: Women Entrepreneurs Outperform Men – Given the Opportunity

PwC and the Crowdfunding Centre are prepping to jointly publish a report in early 2017 entitled “Women Unbound”.  Their initial feedback indicates that women led crowdfunding campaigns are significantly more successful than those led by men across most industries – and across the world. The… Read More

PwC: $10.6 Billion in Venture Capital During Q3, a Decline From Year Prior

PwC has published a report on venture capital indicating that $10.6 went into early stage companies during the 3rd quarter of 2016. The MoneyTree Report, based on data provided by ThomsonReuters, showed that venture capital declined by 36% in total number of deals and by… Read More

Final Report by CMA on Retail Banking Requires Banks to Implement Open Banking by 2018

“CMA Sticks to its Guns” The Competition and Markets Authority (CMA) has published its final report on the UK retail banking sector. The government initiative has concluded that highstreet banks do not compete enough for customers’ business. Simultaneously, challenger banks find it difficult to compete… Read More

Q&A: Aaron Schwartz Head of Fintech Research at PwC

Earlier this week PwC (under the DeNovo label) published a wide-ranging report on the evolution of Fintech. The document was the production of many PwC executives covering topics like blockchain, payments, banking and the overall transformation of financial services. In one respect the report is… Read More

PwC’s MoneyTree Q2 2016 Report: VCs invested $15.3 Billion in 961 Deals

With seed stage numbers coming in at over $6M, why is Reg CF stuck at $1M?  Who is getting access to the better deals? According to The MoneyTreeReportTM from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters,… Read More

PwC Announces Partnership with German Equity Crowdfunding Platform Companisto

PricewaterhouseCoopers (PwC), an auditing and consulting company, announced on Monday that it has formed a partnership with Germany’s equity crowdfunding platform, Companisto.  According to the duo, the new partnership is meant to enable start-ups successfully financed through Companisto to get support on all aspects related to their… Read More

PwC Report: Today’s Marketplace Lending is Very Different from P2P Days

Global consulting firm PwC has published a report on the marketplace lending industry.  The timing is good as the industry is being buffeted by the broader challenge of a stumbling economy. The document aptly starts by noting the marketplace lending sector is oh, so much… Read More

The MoneyTree Report: $1B VC Deployed to Startup Ecosystem in 1Q

Venture capitalists invested $12.1 billion in 969 deals in the first quarter of 2016, according to the MoneyTree Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters. Total venture dollars deployed to startup companies for… Read More

Finpoint Makes Move to UK, Joins Forces with PwC and Leeds City Region Enterprise Partnership

The newly announced partnership between Finpoint, Leeds City Region Enterprise Partnership (LEP) and PwC allows for the expansion of Pinpoint’s service into the UK. Finpoint has already been supported by 70 lenders across the UK, including among others Loyds Bank, Metro Bank, Funding Circle, FundingKnight and… Read More