Lending

Aug
03

Oxford University is getting into fintech

Oxford University, the centuries-old British education institution, is branching out into fintech. The university’s Saïd Business School announced on Wednesday that it will launch an online short course in fintech — financial technology for the uninitiated — that is designed to help prepare business executives for a future where more and more financial services functions are based around tech. “Oxford Saïd has a commitment to preparing global executives for the challenges of both today and tomorrow,” Peter Tufano, the Peter Moores Dean and Professor of Finance at the school, told Business Insider over email. “Our faculty have been active in fintech research and teaching, up to and including starting fintech […]

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Jul
27

Fintech the future

There are an estimated 600 fintech operators in Australia. The industry is burgeoning and continues to attract new players, so receiving less than double-digit complaints in 16 months isn’t a bad track record. “In addition to those 600 there’s probably another 20 to 30 overseas-based fintech companies that are operating here such as PayPal, Stripe and Square, for example,” says Cameron Dart, Australian FinTech chief executive and founder. “When we first started Australian FinTech back in 2015, we estimated there to be around 100 to 150 Australian fintech companies. We were very wrong. There were about 300 fintech companies back in 2015, which grew to around 450 in total during […]

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Jul
27

Search for 2017 Fintech 100 innovators kicks off

Nominations are now open for the 2017 KPMG & H2 Ventures Fintech 100, the annual list designed to recognize leading fintech innovators.   Visit www.fintechinnovators.com by Thursday, 31 August 2017 and nominate your company, or any fintech you think should be considered for the Fintech 100.   The Fintech100, available at www.fintechinnovators.com, is compiled by fintech investment firm, H2 Ventures in collaboration with KPMG’s Global Fintech practice. The annual Fintech 100 includes both the leading 50 established fintechs, and the most intriguing 50 “emerging stars.”   How to nominate and the judging process: Nominations for the Fintech 100 can be made at www.fintechinnovators.com website by Thursday, 31 August 2017.   […]

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Jul
24

FINTQ expands digital partnerships to become biggest fintech firm in Philippines

FINTQ, the financial technology arm of PLDT and Smart’s Voyager Innovations, on Thursday announced a string of new digital partnerships with banks and non-banking institutions for a variety of financial technology products and services, making it the biggest fintech firm operating in the Philippines today. Among its newly signed partners for Lendr, its pioneering and award-winning digital lending platform, include the Development Bank of the Philippines, EastWest Bank, the Philippine Bank of Communications, Philippine Veterans Bank, Cebuana Lhuillier Bank, Insular Bank, Philippine Business Bank, Card Bank Inc., Card SME Bank Inc., Rizal Bank Inc., Radiowealth Finance Company, Asialink Finance Corporation, Filidian Rural Bank, JK Capital, Esquire Financing, Algo Leasing, FINEX, […]

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Jul
07

Ireland is well placed to ride the fintech wave

It was almost inevitable that Dublin would emerge as the hub of a thriving fintech sector in Ireland. The co-existence along the banks of the Liffey of the well-established International Financial Services Centre (IFSC) and the more youthful “Silicon Docks” with its coterie of world leading born-on-the-internet firms created an ideal breeding ground for the new sector, which merges traditional financial services with the latest advances in social media, data analytics and artificial intelligence technologies. According to the Fintech & Payments Association of Ireland (FPAI), fintech in its broadest sense comprises every area of technology and innovation in the financial services arena, including payments, trading and foreign exchange, big data, […]

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LandlordInvest raises seed funding from Alan Gabbay, Director of O&H Properties

LandlordInvest, one of the first fully FCA authorised peer-to-peer lending platforms for residential mortgages, raises seed funding from Alan Gabbay, Director of O&H Properties, a London based privately owned property investment firm with assets valued at approximately £1 billion. LandlordInvest was launched at end of 2016 by founders Filip Karadaghi, Nikolajs Smirnovs and Joe Vallender and became the first peer-to-peer lending platform to offer a residential property-backed Innovative Finance ISA (“IFISA”) to UK savers, targeting tax-free returns of up to 12% per annum. The company’s achievements were recently highlighted by the industry as LandlordInvest was shortlisted as the “Crowdfunding Platform of the Year” at the PropertyWire Awards, holding off competition […]

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Jul
03

Peek inside the Fintech arms race between banks and startups

Brick-and-mortar banks are in desperate need of a makeover. They know it too. Capital One is opening Capital One Cafes in major cities across the U.S., with hip decor and more laidback consulting vibes than traditional branches. JPMorgan is trying the same idea with its Manhattan technology hub. Bloomberg reported the bank’s $9.6 billion technology budget coincided with new startup-style offices featuring foosball tables, open workspaces and snacks. But it might be too little, too late. Banks aren’t changing things up just because they want street cred. They see the writing on the wall. Startups like PayPal and SoFi have become some of the nation’s largest online lenders, offering all […]

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Jun
12

HK, Singapore rivalry hobbling Asia in $100b Fintech race

Asia’s competitiveness in fintech is being undermined by the rivalry among the region’s financial centers that has created regulatory complexity and uncertainty, a financial lobby group has warned. Governments across Asia—most notably Hong Kong and Singapore—have launched a raft of initiatives to grab a slice of the $100 billion invested in financial technology globally but the regulatory hotch-potch is making it tough for firms to scale up, the Asia Securities Industry and Financial Markets Association said in a report on Friday, PTI reported. “The regulatory landscape is very fragmented and a lot of the initiatives, though well-intentioned, are not necessarily well thought through,” said Mark Austen, CEO of ASIFMA. The […]

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