FinTech

A flag outside the U.S. Securities and Exchange Commission headquarters in Washington, Feb. 23, 2022.Al Drago | Bloomberg | Getty ImagesRegulators around the world from Europe to Asia ramped up efforts to bring about formal laws for digital currencies in 2023 — but it was the U.S. that took some of the harshest legal actions against major players in the industry.In a year that saw crypto heavyweight Binance ordered to pay more than $4 billion to U.S. authorities and its former CEO's guilty plea, along with high-profile…

POLAND - 2023/08/01: In this photo illustration, a Coinbase logo displayed on a smartphone with stock server lights in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesCryptocurrency exchange Coinbase secured registration with the French markets regulator, a company spokesperson confirmed Thursday, paving the way for the firm to expand its services in another key European market.France's AMF watchdog gave Coinbase a virtual asset service…

Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance.Getty Images | ReutersAfter a brutal 18 months of bankruptcies, company failures and criminal trials, the crypto market is starting to claw back some of its former standing.Bitcoin is up more than 150% this year. Meanwhile, Solana is nearly 10x higher in the last 12 months, and bitcoin miner Marathon Digital has also skyrocketed. Crypto-pegged stocks like Coinbase, MicroStrategy and the …

Funding winter and corporate governance woes separated the men from the boys in the country's startup space in 2023 that saw funds into the segment tapering to just around USD 8 billion. All said, investors are hopeful of strong growth of the maturing startup ecosystem in the new year. Edtech and health tech segments that grew exponentially during the pandemic plunged into an abyss of financial uncertainties, with several firms shuttering their business, and valuation of prominent players like BYJU'S and PharmEasy…

Scope, an invite-only startup networking platform, on Tuesday launched a venture capital fund worth $45 million, focused on the fintech and gaming sectors.Scope's VC arm will operate as an independent entity in identifying, nurturing, and accelerating startups that demonstrate exceptional promise and disruptive potential.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIM LucknowIIML Executive Programme in FinTech, Banking &…

Tightening of liquidity and worsening of the investment drought did not discourage several senior executives from leaving their well-paid jobs and taking a dip into entrepreneurship in 2023.Senior executives across functions of technology, engineering and product took the plunge into exploring the next frontier in fintech, healthcare and even artificial intelligence.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of…

Fintech giant Paytm lays off over 1000 employees as cost-cutting measure Fintech giant Paytm lays off over 1000 employees as cost-cutting measure FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your…

With 2024 in full swing, the landscape for developers and engineers is evolving at an unprecedented pace. Especially for those in FinTech, where cybersecurity is top of mind and while many companies rush to adopt AI to cut costs. What does all of this mean for the backbone of these organizations - their technical talent?  In this article, I explore the pivotal trends that will define the year ahead, offering a compass for technologists to not just navigate but lead in the evolution. The Rise of Data as the Art and Engine…

British online bank Revolut Ltd. reported a 45% jump in revenue for 2022 and a pretax loss in its delayed 2022 accounts.The London-based fintech said revenue for the year rose to £922.5 million ($1.2 billion), while pretax loss was £25.4 million ($32.2 million), down from a profit of £39.8 million the previous year.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital TransformationVisitIndian School of BusinessISB Product ManagementVisitIIM LucknowIIML…

Programming note: ETtech’s Unwrapped will be off next Saturday. Wishing you all a happy holiday season. Thanks for reading us. Stay tuned to ETtech.com for all the news and updates.Hi, this is Pranav Mukul in New Delhi.At the end of last year, ETtech’s State of Startup Survey 2022, a survey of the most influential founders and investors, churned out a clear message—conserve cash, cut burn and turn profitable. Two-thirds of the respondents last year predicted that Indian startups will lay off employees in big numbers. And…