Why US FinTech is a Joke
In speaking with FinTech investors and the companies they’ve supported, I’ve found one thing to be true: FinTech in the US is an incremental game of kick-the-can populated by entrepreneurs who are incessantly stymied by frightened bankers and investors. If there is any one place ripe for disruption, it is the milquetoast world of financial technology. In building Freemit, we met countless entrepreneurs who walked a similar path. They wanted to change the way something worked in an implicit way, whether it was through a new way to manage payments, a new way to send money or a new way to....
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Many people don't care about Dogecoin. What a joke, right? It was started as a joke, after all. The way the people communicate is such a joke - sorry, such joke, very silly. These things might be true, but here's something else that's true: Dogecoin has consistently been in the top ten market capitalizations for cryptocurrencies, and since its initial highs in March last year, it's been relatively stable in terms of both market capitalization and value. Coinmarketcap.com. The value we're referring to could be very low, but with high inflation comes easier access to the coins. Many of its....
The infamous meme-based cryptocurrency dogecoin is on the move again just before the upcoming Saturday Night Live episode featuring Elon Musk. While dogecoin is up 81% today a lot of cryptocurrency veterans have been warning newbies about the digital currency that was meant to be a joke. Meanwhile, others believe that dogecoin has a lot of potential, and could be a long-standing competitor in the world of crypto assets. Dogecoin Markets See a Pre-SNL Rise The cryptocurrency that literally began as a joke, dogecoin (DOGE) is nearing a $100 billion market capitalization on Saturday. DOGE is....
The St. Louis Federal Reserve has posted a new blog where it compares the price of eggs in USD versus Bitcoin. Although the blog is designed to crack a joke about the cryptocurrency, the Fed ultimately has ended up with egg on its face. Here’s why. FRED Blog Cracks Joke On Bitcoin Using Egg Price Inflation […]
Fintech Australia is a national Australian Fintech Industry Association. Their vision is to make Australia one of the world’s leading markets for Fintech innovation and investment. Founded in October 2015, their membership base now comprises over 70 startups, venture capital funds, hubs and accelerators across Australia that specialise in Fintech. As a not-for-profit organisation, they support the Australian Fintech community, build awareness and trust in Fintech startups and advocate for better policy on behalf of our members. Fintech Australia is the voice for Fintech innovation in....
Though the United Kingdom plays a definitive role in the growth of FinTech industry, which is now worth £20 billion in annual revenues to the UK, employs 135,000 people, and attracted 42% of all European FinTech investment in 2014, Prime Minister David Cameron is not satisfied. Thus, Cameron, has welcomed FinTech 2020, which aims to make the UK the premier location for at least 25 global FinTech leaders, whether by IPO, global market share or by valuation. Talking about FinTech 2020, Cameron said: