Moscow Joins Race to Wreck London As Global Fintech Capital
Putin’s business ombudsman says Russia must become the world’s blockchain leader, as he’s certain the country has the necessary resources. There are currently around 500 000 of Blockchain users in Russia, and the number is growing. Following the UK’s decision to leave the EU the race is now on to replace London as the global fintech capital, and Moscow may join the race. Focus on Blockchain. The Party of Growth led by Boris Titov has developed a program which will be presented in the parliament elections this September. Researching and testing Blockchain applications are one of the main....
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A new report has found that London is still leading the way as the global hub for the FinTech sector, which saw 2015 investments in the industry amounting to $19 billion. The report from Deloitte and All Street Research [PDF] looked at 21 of the major FinTech hubs around the world. After working through quantitative research and interviews with local FinTech subject matter experts, the research found there were five hubs that had a leading Index Performance Score of 25 or less, suggesting that they are more conducive to the development of FinTech. These were London, Singapore, New York,....
After the U.K.’s Brexit result, European countries have been attempting to overthrow the U.K. from the top position as a FinTech hub location. One European country that isn’t, however, is Belgium. Instead, Belgium wants to create a bridge that supports FinTech startups between the two countries. According to Finextra, Johan van Overtveldt, Belgium’s finance minister, has begun talks with U.K. FinTech agency Innovate Finance to get the two countries collaborating together. Last October it was reported by Innovate Finance that while venture capital funding for FinTech companies grew around....
London Fintech Week is an 8-day event taking place in London on 15th-22nd July 2016. It will showcase a number of startups and a multitude of speakers will be in attendance, allowing investors to connect with innovators. Fintech Week is back to London. Fintech Week is a series of conferences, workshops, hackathons, meetups and parties, with each day focusing on a different topic. In total, there are 18 events, 60 sessions, 40 startup pitches taking place. The main conference/exhibition takes place at the Grange Tower Bridge Hotel, but other events take place across the City of London,....
Disrupting the financial sector is a global trend, but that doesn’t mean every continent in the world uses the same method to achieve that goal. FinTech is a quite popular disruption in the Western world, but Asia where most innovations will actually be invented. Asia is the driving market for Bitcoin trading — another financial disruption — and the....
Despite the Brexit, London still holds a lot of merit for the Fintech and blockchain industry moving forward. Blockchain institutions will continue to focus their attention on London, as it remains the financial capital of the world for the time being. Agentic Group, one of the more respected blockchain consortia, has opened its London Office yesterday. This is an interesting decision, as the company hopes to boost FIntech in the UK in the wake of the Brexit. Most people active in the world of blockchain and cryptocurrency have come across the name Agentic Group at some point. The New....