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Thursday, December 7, 2023
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One million self-employed pushed into debt due to pandemic

According to a report released today by IPSE about one million UK-based freelancers have been pushed into debt since the pandemic hit.

WeChat launches personal credit rating for its 600m users

Tencent's WeChat Pay will start giving its 600 million users a credit rating using an AI-based system to determine people’s “trust” value, according to Asia Times Financial.

Safe haven during a crisis? Revolut backs cryptocurrency as one

Last week Revolut announced that it will provide cryptocurrency to all seven million customers.

Open Banking for Good: reshaping the debt management

Open banking allows financial institutions to share financial information with each other securely.

Credit-building “Self” Raises $20M in Series C Funding!

Austin based FinTech startup Self, announced that it has raised $20 million round of Series C financing, co-led by Altos Ventures and Conductive Ventures.

Immigrant Credit Access? Nova Credit raised $50M

Around 70% of people around the globe now have some form of a bank account, according to the World Bank. But when it comes immigrants, they essentially leave behind their financial histories, starting again from zero.

Nigerian fintech start-up raised $10m!

Nigerian fintech start-up, Aella has raised a $10 million debt financing round, from Singapore-based HQ Financial Group (HQF) to help the company scale its expansion across Africa.
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Nubank: Supercharged Banking and Predicted to Soar Beyond $100 Billion

In this blog, we will explore two exciting developments that have everyone talking about Nubank: its potential for exponential growth in share value and its remarkable expansion to serve more than 90 million customers across Latin America.

The Evolution of Digital Wallets: A Shift from Physical Cards by 2030

By 2030, we can expect digital wallets to become the preferred payment instrument, offering a myriad of non-payment-related services for consumers.

ABN AMRO and Tokeny Pioneer Sustainable Finance on Public Blockchain

ABN AMRO, one of the leading Dutch banks, has partnered with Tokeny to tokenize a green bond on a public blockchain.

Financial Innovation: Open Banking Programs Around the World

A recent study by Konsentus, a leading open banking-based Software-as-a-Service platform, sheds light on the global spread of open banking initiatives.