Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! We’re looking at a bunch of news — from new unicorns, to a fintech...
The fintech revolution, with its innovative solutions, has permeated many sectors, turning traditional financial processes on their head. Yet, there are several niche industries still awaiting a major fintech overhaul. As organizations strive to incorporate technology-driven strategies to enhance their operations, these lesser-explored industries present ample opportunities for innovation....
The financial landscape in the some parts of the world is undergoing a transformative phase, with Financial Technology emerging as a key player. The Middle East has become a hub for FinTech innovation and growth, significantly impacting the region’s economic landscape. The Digital Revolution in the Middle East Photo by Adrien...
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! We’re back and making up for lost time after taking off for Thanksgiving. Here...
Alternative investment platform Yieldstreet announced today that it has agreed to acquire Cadre, an online real-estate-focused investment platform aimed at institutional and high net worth investors. Financial terms of the deal were not disclosed. Founded in 2015, Yieldstreet gives people a way to invest in areas like real estate, marine/shipping, legal...
In recent years, much has been said about the blockchain technology potential in transforming various industries, especially the financial sector. But as time progresses and the initial hype fades, the question remains: Can blockchain technology still bring a revolution to financial services? Understanding Blockchain’s Promise Photo by Worldspectrum on Pexels.com To address...
Popular stock trading app Webull has acquired Mexican investment platform Flink, giving it an entry into the Mexico market. Financial terms of the deal were not disclosed. Although Webull has China roots, it is based in the United States and rivals Robinhood in the country as a low-commission online trading platform...
Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from WiL (World Innovation Lab), Altos, NFX, Craft, JP Morgan, American Express and...
Hussain Elius is best known as the co-founder of Pathao, one of Bangladesh’s top ride-sharing apps. For his latest startup, however, Elius is exploring the world of DeFi with Wind.app, a self-custodial, smart contract wallet with three main features. The first is enabling businesses to send payments to remote...
Decentralized Autonomous Organizations, commonly known as DAOs, represent a revolutionary shift in the way organizations are structured and governed. Unlike traditional organizations that rely on hierarchical structures and centralized decision-making, DAOs operate on blockchain technology, allowing for a decentralized and transparent approach to governance. By leveraging the power of...